Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Facebook Pay

pay.facebook.com

Post reply on HN
Print view View original

131–140 of 262 posts

Re: Facebook Pay

#131

Post by dartharva »

How does this work? Is it a wallet app? Does it act as an interface to your bank's payment network? The kind of vague useless "explanation"[1] getting parroted in the "How it works" page is something I haven't seen anyone do for a long time. If you don't want to tell your consumers clearly, why even bother with such bullshit?

[1]: Facebook Pay is a seamless and secure way to make payments on Facebook, Instagram, Messenger, and WhatsApp. Enter your payment card or account information once and then use Facebook Pay to make purchases, send money or donate within the apps. A PIN or biometrics can be added to secure individual payments. Facebook Pay is also a way to view payment history, manage payment information and access customer support. Facebook Pay is currently rolling out in select countries.

Re: Facebook Pay

#132

Post by toomuchtodo »

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?

It will eventually support aliases (like Zelle does) as well as cross border payments, but my understanding is that it won’t at launch (as the desire is to get the ACH delays gone first). I don’t have consumer UX insight, only into the ISO20022 message plumbing (user->institution->Fed->institution->user).

Re: Facebook Pay

#133

Post by fourseventy »

hericium wrote: post #112

Does Facebook, as a product, even has userbase for this? I find it weird that they used this branding. For some time now, FB has the "old people social media" label. Also would they create a new brand (or MetaPay or whatever), some people might not connect it to Zuck's trash mentality, morality and overall creepiness. I wouldn't be surprised if folks working at Meta consider themselves the good guys, like Google cult…

Ya they only have billions of users, probably not a big enough userbase to support this feature /s

Re: Facebook Pay

#134

Post by TheSmiddy »

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?

In Australia the system is called Osko and we link our mobile phone numbers or email address to it.

Re: Facebook Pay

#135

Post by [deleted] »

darknavi wrote: post #119
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....

Sounds promising but I will believe it when I see it (and use it).

[deleted]

Re: Facebook Pay

#136

Post by alexb_ »

systemvoltage wrote: post #102
toomanydoubts wrote: post #97

Earlier quoted context omitted.

Dude, we are hype and cool and we have the power of JS and CSS transitions at our fingertips. Why should we sacrifice our amazing experience that all end-users love just to please some purist-wannabe power user who enjoys to read content without hindrances, delays and amazing visual effects based on carefully-calculated bezier curves by our best-of-class team?

100%. I don't get all this negativity! I love animations and wasteful frivolous effects. They really jazz up my day. Huge typography, rounded buttons, and massive amounts of negative space reduces stress, and improves my mental health. Really does the job! I don't think I can ever go back to "good ol" days of "functional design". Pfff...it is all so boring. I like mindless consumption and basically buy anything I see…

Wasteful, frivolous, and "fashionable" is exactly who Apple is marketing towards. You aren't the target audience here.

Re: Facebook Pay

#138

Post by andrewinardeer »

TheSmiddy wrote: post #134
twelve40 wrote: post #128

Earlier quoted context omitted.

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?

In Australia the system is called Osko and we link our mobile phone numbers or email address to it.

I use this to find out who owns a mobile number.

Punch in the mobile number to the banking app and more often than not the mobile's owner name is displayed.

Re: Facebook Pay

#140

Post by hoppla »

hestefisk wrote: post #44

It seems to be using normal debit / credit card payments behind the scenes, so it’s not going to eat the banks’ lunch too much just yet. What would be really good is if they could do A2A payments and circumvent the Mastercard / Visa merchant payment rails and fees. That could be a game changer.

Sending money from a debit account is one thing, but where does the money go? An arbitrary number on a web page like PayPal, or would you get the money directly in your bank account?
Post reply on HN