Facebook Pay

Post by bobthepanda » Sun, Feb 13, 2022, 4:55 AM UTC

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…

Post by zhte415 » Sun, Feb 13, 2022, 4:58 AM UTC

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…

Post by metabro » Sun, Feb 13, 2022, 5:03 AM UTC

nmridul wrote: post #70

India is not in the list. But whatsapp payments are already available in India. So is Facebook pay something very different from whatsapp pay ? It's confusing since the page says "Facebook Pay is a seamless, secure way to pay on the apps you already use". And whatsapp is listed as one app. Maybe it's entirely different from UPI based Whatsapp pay [] https://pay.facebook.com/availability/

Post by headsoup » Sun, Feb 13, 2022, 5:05 AM UTC

paulpauper wrote: post #84

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?

fakebook is a worse offender when it comes to data collection

Post by metabro » Sun, Feb 13, 2022, 5:08 AM UTC

toomanydoubts wrote: post #66

thematrixturtle wrote: post #37

Earlier quoted context omitted.

Meta has no brand recognition though (outside our narrow geek circles). Google doesn't have an "Alphabet Pay" either.

Seems to be the reason. In Brazil, everyone knows what Facebook is. Very, very, very few people would know what is Meta. How ironic is it that you need to move from a brand name to another because you have bad reputation, but still have to use the old name because even with bad reputation, it's still more trustable to handle money than your no-reputation new brand?