Comments on: Is Facebook secretly planning an internet-wide payment platform?

By: Epic

Epic — Sun, 30 May 2010 22:02:12 +0000

Surely there’s evil in this…

By: 广告联盟

广告联盟 — Thu, 04 Mar 2010 04:44:04 +0000

they can be, which will eventually lead to their IPO.

By: Kevin

Kevin — Tue, 02 Mar 2010 01:09:58 +0000

I’ve been thinking this same thing for a while. They have the massive user base that is necessary for a micropayments system to take off. And taking that one step further, if they can extend this payment system to smartphones, it has potential to replace credit cards as the way that people pay for goods and services in the future. I really do think this will be Facebook’s “Adsense Moment”, one that will show the financial markets just how profitable they can be, which will eventually lead to their IPO.

By: Daniel Howard

Daniel Howard — Mon, 01 Mar 2010 20:55:02 +0000

It is about time someone with sufficient reach introduced a micropayment scheme for the Internet!

-danny

By: Pelle

Pelle — Mon, 01 Mar 2010 18:21:21 +0000

I don’t think Facebook are going to be doing a general purpose payment system themselves. I don’t think it makes a lot of sense for them. I also have some insider information saying they wont. That said they will likely expand Facebook Credits.

@_ck_ the reason PayPal is perceived as evil is due to a combination of regulators and primarily banking connections. As long as they are linked into the traditional banking system they need to make these perceived evil decisions to protect themselves.

I have no connection with PayPal, but I have worked in the payment field for a long time. Check my blog for more articles on this annoying issue.

By: _ck_

_ck_ — Mon, 01 Mar 2010 16:53:58 +0000

Anything that puts pressure on PayPal is good.

I was really hoping Google and/or Amazon checkout would make PayPal be less evil and more competitive but they’ve changed nothing. Facebook just might be large enough to make some kind of dent. Elon Musk made millions off online payments, why aren’t more companies offering it?

You’d also think more services would tinker with micropayments by now but they keep going under (like TipJoy).