Facebook tests online-payments engine

08/15/2013 | All Things D · Bloomberg

Facebook is testing a payments engine that could prove a threat to PayPal. The tool would allow users who have previously paid for something on Facebook using a credit card to make payments via third-party mobile apps without re-entering their card information. Still, some analysts are skeptical about consumers' willingness to share their credit card and purchase details with Facebook.

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All Things D · Bloomberg

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