Social Media Giant Face book plans to test Mobile Payment Services

Face book has plans to test a mobile payment service. Which user has purchase this application they have added to their account on the social network.

On Thursday Face book has said that the it is working on a “very small test” and also said that company has not make any schedule for making the services available to users. In this application when user wants to payment in shoppers store they have automatically complete checkout forms of the certain mobile apps. Then the app would process the purchase.       

Social Media Giant Face book has also said that it has a great relationship with online payment service PayPal.

Spokeswoman Tera Randall said that the Face book has a great relationship with PayPal. This Face book product is for help our partners provide a more simple commerce experience.

She has also added that this payment process such as current payment provider such as PayPal.

Forrester Research analyst Denee Carrington Said that the Face book has face a lots of challenges for offering the mobile payment because company has building up its database of user's credit cards.

In the Mobile Payment system Face book has many of the competitors that consumers trust more such as PayPal, Visa and others. 

Share on Facebook Share on Twitter Share on Google Plus

About Unknown

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.