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Facebook Pay

pay.facebook.com

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121–130 of 262 posts

Re: Facebook Pay

#121

Post by xiphias2 »

Gigachad wrote: post #55
xiphias2 wrote: post #40

This should have happened for a long time. Facebook's properties are the places where my friends naturally ask for money from me to help. Even with all the negativity I see here in other comments, this is the natural way for Facebook to grow, not trying to compete with the Federal Reserve.

In an ideal world I'd love to see social media apps be able to loosely hook in to banking apps. So facebook messenger would handle requests and you would tap "send" in facebook messanger which would open your bank app with something like "Send $10 to facebook user ___ and let facebook confirm transaction success" so facebook never has to hold your money or make transactions, but you can make payment requests in messe…

Jack Mallers (CEO of Strike) gave a presentation about the Lightning network as the open protocol for international fiat debit payments, and multiple Facebook managers were on that meeting. Now that Cashapp integrated sending money with it, Strike can be connected with US Chase bank account, the race for embracing the open protocol is on.

The cool thing with USD payments over lightning network is that capital gains tax is not triggered.

Re: Facebook Pay

#122

Post by sniperjzp »

darknavi wrote: post #104
uncomputation wrote: post #17

I can’t think of another company I’d want less to know my transaction and purchase history than FB/Meta. What happened to Zuckerberg’s shift to “video” or are they truly throwing anything and everything at the wall now?

I agree. The terrible thing is is that it's the easiest solution for me and my friend group to send money via Messenger. The US has _really_ dropped the ball on any sort of easy-to-use, standardized money transfer. Zelle is the closest thing and it is a joke for every day usability.

What if someone don't use Messenger? Venmo/Paypal are still the most popular options in my circles, largely because they are not tied to any specific platform.

Re: Facebook Pay

#123

Post by _jab »

Anyone else finding that clicking on this link overrides their browser's "back" button? It's just grayed out after clicking on the link. Might well be browser-specifc - I'm on Firefox.

I'm skeptical FB is so sketchy as to do this intentionally, but I've also never seen this behavior before.

Re: Facebook Pay

#124

Post by darknavi »

_jab wrote: post #123

Anyone else finding that clicking on this link overrides their browser's "back" button? It's just grayed out after clicking on the link. Might well be browser-specifc - I'm on Firefox. I'm skeptical FB is so sketchy as to do this intentionally, but I've also never seen this behavior before.

Edge (chromium) here. When I click on the link from HN I can correctly navigate backwards.

Re: Facebook Pay

#125

Post by darknavi »

cyral wrote: post #72
underyx wrote: post #54

> Facebook Pay is an easy, secure way to pay in more places than ever Amazing! I love paying!

> in more places than ever? In more than other methods? https://xkcd.com/927/

I link this XKCD at least once a month. I know it's a trope but it seems to be so relevant in so many ways these days.

Re: Facebook Pay

#126

Post by 4rb1t »

keyle wrote: post #46

So,... NotMetaPay? Seems like this is 3 years behind everyone else... Which is a bigger issue than the branding itself. I couldn't find one aspect that made it have a competitive advantage over already established brands.

its leveraging their existing user base. they dont need to run a $10 offer ot get them to install or use fb pay. low acquisition cost.

Re: Facebook Pay

#127

Post by joecool1029 »

_jab wrote: post #123

Anyone else finding that clicking on this link overrides their browser's "back" button? It's just grayed out after clicking on the link. Might well be browser-specifc - I'm on Firefox. I'm skeptical FB is so sketchy as to do this intentionally, but I've also never seen this behavior before.

Not happening here on Firefox, I could see it potentially happening if you use Facebook Container extension to 'wall off' facebook properties from normal browsing profile. https://addons.mozilla.org/en-US/firefox/addon/facebook-cont...

Re: Facebook Pay

#128

Post by twelve40 »

toomuchtodo wrote: post #109
darknavi wrote: post #104

Earlier quoted context omitted.

I agree. The terrible thing is is that it's the easiest solution for me and my friend group to send money via Messenger. The US has _really_ dropped the ball on any sort of easy-to-use, standardized money transfer. Zelle is the closest thing and it is a joke for every day usability.

US instant payments drop in 2023. Definitely sucks it took this long, but it’ll be ubiquitous and replaces ACH. https://www.frbservices.org/financial-services/fednow/about....

since we are talking consumers here, what would it look like to a regular user? would I have to walk around asking people for their account numbers and routing numbers to FedNow them the money?

Re: Facebook Pay

#129

Post by likpok »

LeoPanthera wrote: post #15

The small print is scary, at least compared to a service like PayPal. There's absolutely no consumer protection unless you're actually buying something from Facebook themselves, and for any kind of returns or refunds the advice given is "contact your bank". Yikes.

That's the same way that Venmo (or any of the other p2p payments) work (though I guess Venmo has a specific "opt in to some extra protection for a fee").

Re: Facebook Pay

#130

Post by [deleted] »

twelve40 wrote: post #128
toomuchtodo wrote: post #109

Earlier quoted context omitted.

US instant payments drop in 2023. Definitely sucks it took this long, but it’ll be ubiquitous and replaces ACH. https://www.frbservices.org/financial-services/fednow/about....

since we are talking consumers here, what would it look like to a regular user? would I have to walk around asking people for their account numbers and routing numbers to FedNow them the money?

[deleted]
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