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Facebook mobile payments to launch outside the United States

11/08/201711/06/2017 L. Green

The social network’s peer to peer smartphone transactions will be enabled through its Messenger app outside the U.S. The largest social network in the world is now taking its Facebook mobile payments outside the United States for the first time. This move is meant to make it possible for users to be able to send money to each other by way of the official Messenger texting application. To start, the mobile payments service will be headed toward users in the United Kingdom. The feature will touch down in the U.K.…

Mobile commerce set to grow twice as fast of e-commerce in the coming years

04/14/201604/13/2016 Sam Lambert

Information from Coupofly shows that the mobile payments market is growing extremely quickly The mobile commerce market may soon grow twice as fast as the e-commerce space. According to information from Coupofly, the mobile commerce market is growing aggressively, with consumers becoming more comfortable with the idea of using their smartphones and tablets to purchase products. Coupofly notes mobile payments now accounts for 34% of all digital transactions throughout the world. This market is expected to grow by 31% in 2017, more than 200% faster than the growth of the…