News stories featuring Facebook:
April 22nd, 2015
Apple Pay has become the top choice of services among US consumers planning on using mobile payments in the next 90 days, a survey conducted by 451 Research has found — and consumers increasingly think mobile payments are more secure than credit cards.
March 18th, 2015
Facebook users in the US will soon be able to make and receive secure mobile payments for free via the social network’s Messenger app. The service is rolling out “over the coming months”, Facebook says….
February 2nd, 2015
Facebook has unveiled a new service called Place Tips that works with Bluetooth beacons, WiFi and GPS to show the social network’s iOS app users “useful and relevant” information about the places they visit. Those…
October 27th, 2014
Commercial Bank of Dubai (CBD) has launched a virtual bank branch for Facebook, letting its online banking customers check balances, pay credit card bills, transfer money between accounts and track expenses from within the social network. Customers need to link their online banking profile to their Facebook account and verify the setup using a one-time password sent to their mobile device to use the service.
October 21st, 2014
Kotak Mahindra Bank has launched a bank-agnostic payment service for Facebook that will enable 250 million Indian bank account holders to transfer money by choosing a recipient’s name from their friends list. “KayPay offers a safe and secure platform to transact on the social networking site through a two-level authentication — Facebook user ID and password, and a one-time password,” the bank explains. “Further, both sender and receiver immediately receive notifications via SMS and on Facebook about the transfer.”
October 6th, 2014
The ability to make payments from within Facebook Messenger is on its way, according to screenshots and video footage spotted by Techcrunch. “Messenger’s payment option lets users send money in a message similar to how they can send a photo,” the report explains. “Users can add a debit card in Messenger, or use one they already have on file with Facebook. An in-app pincode also exists for added security around payments.”
September 30th, 2014
“We want PayPal to be present whenever and wherever consumers want to pay so if that means being in other wallets, if that means being in any existing or other new ecosystems where payment occurs, our desire is to be a payments platform that can enable payments in any of those environments,” says eBay’s CEO.
September 26th, 2014
August 27th, 2014
Publisher IPC Media is using Bluetooth Low Energy (BLE) beacons installed in 740 One Stop convenience stores across the UK to offer discounted copies of its Chat, Pick Me Up, Woman and TV & Satellite…
August 1st, 2014
Facebook is to close down its gifts service on August 12, Techcrunch reports. “Most of the team has already been reassigned to other commerce initiatives. Those include the Buy button for making ecommerce purchases within Facebook, Auto-Fill for auto-populating your billing info in other shopping apps, and Custom Audiences that let brick-and-mortar merchants retarget Facebook ads to existing customers.”
July 28th, 2014
Facebook is looking into the potential of adding payments capabilities across its business, CEO Mark Zuckerberg has explained during the company’s first earnings call following the hiring of PayPal boss David Marcus to head its…
July 18th, 2014
Facebook is testing a ‘buy’ button which allows consumers to purchase products through the social media platform. “With this feature, people on desktop or mobile can click the ‘buy’ call-to-action button on ads and page posts to purchase a product directly from a business, without leaving Facebook,” says the social network.
June 10th, 2014
PayPal CEO David Marcus is leaving the online payments provider at the end of June to take up a new role at Facebook, as vice president of messaging products — prompting speculation that he will oversee…
May 29th, 2014
US startup QuickCoin is making it possible for Facebook users to send Bitcoins to friends from within the social networking platform. “Simply log in, find a friend, click send and they get Bitcoin,” the company says. “QuickCoin works on any device, is usable anywhere in the world and, best of all, QuickCoin transfers are instantaneous, regardless of time or day.”
May 19th, 2014
Sports venue display provider Access Sports Media is to use Blue Bite’s mTag platform to add NFC, QR, SMS and geofencing capabilities to its more than 20,000 displays in 200 US sports venues. Access’ network…
May 14th, 2014
Customers of Singapore’s OCBC Bank can now send up to S$100 a day to any of their Facebook friends from their phone, using a new Pay Anyone feature in the bank’s mobile app. Recipients are notified of a payment via a post on their Facebook wall and must enter a six-digit code given to them by the sender to receive the money. Pay Anyone can also be used to transfer funds to anyone in a customer’s email or phone contacts list.
May 8th, 2014
Money transfer service provider MoneyGram has partnered with PicomoPay to enable US consumers to send funds to any of MoneyGram’s 336,000 agents around the world from the social payments provider’s Facebook application. “We are giving our consumers innovative options to send money for life’s essentials, however they want, wherever they want, whenever they want,” says MoneyGram’s Alex Hoffmann.
May 7th, 2014
Spain’s CaixaBank has become the first bank in Europe to launch a Facebook application that allows users to view their bank accounts and perform transactions via the social network. The bank will start by supporting…
April 4th, 2014
Singapore-based Mobispot Social Systems has introduced a platform that enables “modern city residents” to access a variety of services — including payments, transportation, ticketing, access control, discounts, membership and information sharing — via NFC wristbands….
December 5th, 2013
Hong Kong fashion retailer Central Central has used NFC at a party celebrating its second anniversary. By checking in at NFC tablets placed at key locations around the store, guests could interact with motion-based games…
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