Facebook Could Use Money Transfers To Extend WhatsApp And Non-Ad Revenue

Facebook Could Use Money Transfers To Extend WhatsApp And Non-Ad Revenue

Forex_Money_for_Exchange_in_Currency_Bank___Flickr_-_Photo_Sharing_ The FT is reporting that Facebook is looking at e-money services — including the ability for people to make peer-to-peer money transfers using money that is stored on Facebook itself — and has applied for an e-money license in Ireland as part of that. Facebook has declined to comment on the report, but we have confirmed with sources some of the details of what is going on. Facebook made the… Read More

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