Facebook is always thinking of new ways to generate revenue and its latest venture looks as though it could actually add value to the site without spamming users with annoying auto-play video ads. TechCrunch reports that Facebook is testing out its own mobile payment program that “pre-fills credit card and billing info” onto your mobile payment platform of choice, whether it’s PayPal, Stripe, Braintree or another option. TechCrunch says that the new payments feature is supposed to be a compliment, and not a competitor with, other payment platforms since it is just “a data layer that rides on top of other payment services.”
Facebook could soon help you with your online shopping
Published Aug 15th, 2013 9:30PM EDT
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Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.
