Last week we saw how Facebook is planning to keep using our user data to sell us things and now we’ve heard news that the Facebook messenger will have an in-app digital payment service which is going to allow you to send people you know money.
The In-App Digital Payment Service
Facebook just had to get a piece of the digital payment service pie! A new peer-to-peer payment service will be added to Facebook’s Messenger app that is going to allow people to send money to each other.
The question on everyone’s lips is how is Facebook going to benefit from this service? We believe that they are going to charge users per transaction, the same way PayPal does it.
Talking of PayPal, the company’s former president of PayPal, David Marcus, has just become head of Facebook’s Messenger, so putting two and two together, we believe that there is more truth to this rumor than Facebook lets on believe.
Obviously, Facebook hasn’t confirmed or infirmed this rumors, but we expect an announcement soon.
Mark Zuckerberg, Facebook’s CEO, has said that Facebook isn’t going to implement an in-app digital payment service any time soon, but the latest rumors point in the opposite direction. Maybe they still need to work on the update before rolling it out. People are going to trust Facebook with their hard-earned money, so the app needs to be as close to perfection as possible. A fail on Facebook’s behalf in the in-app digital payment service could mean death for the California giant.
What are your thoughts that Facebook Messenger will have an in-app digital payment service? Are you going to trust Facebook with your money? Drop us a line in the comment section below and tell us about it!