Facebook payments to come to WhatsApp in the future

Facebook Payments - Facebook logo on mobile phones

The social media giant is reportedly seeking to enter the mobile payments space with its own cryptocurrency. Facebook payments may be around in the not too distant future. The social networking company is jumping on the cryptocurrency bandwagon and is reportedly developing its own digital currency called Facebook Coin. The company’s supposed goal, reports CNBC, is to allow users of its cryptocurrency to transfer money through WhatsApp. Facebook’s move would mimic China’s popular WeChat Pay. The Facebook Coin, which would be attached to the US dollar, and would allow users…

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Mobile payments options to be offered by Facebook

Facebook mobile payments

The social network giant has nearly obtained the necessary Central Bank of Ireland approval for funds exchange. Facebook Inc. is extremely close to being able to join in the race for mobile payments, in which there are a rapidly growing number of participants, as it works to boost the availability of its electronic money services. The company is moving ever closer to receiving the approval they need to allow users to send and receive funds. At the time of the writing of this article, the Central Bank of Ireland had…

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