REPORT: Facebook Eyes Electronic Money Service In Europe
Is Facebook getting into the electronic money business? According to a report by Financial Times, the social network is “weeks away” from Ireland granting it regulatory approval to launch a service that would allow users to store, pay with, and exchange money with other users.
Is Facebook getting into the electronic money business? According to a report by Financial Times, the social network is “weeks away” from Ireland granting it regulatory approval to launch a service that would allow users to store, pay with, and exchange money with other users.
Facebook confirmed last August that it would test a mobile payments product, saying at the time that Facebook users who had previously supplied their credit-card information would be able to complete purchases on partnering apps without being required to re-enter their billing details.
According
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