Facebook to provide financial services


Facebook to provide financial services

Facebook is set to launch into the online payments
space. It has reportedly been working with TransferWise,
Moni Technologies and Azimo to help develop its new service and has applied for
a licence to enable it to provide payment services to its members across Europe.
The new service is expected to compete against Paypal as well as the wider pool
of mobile based payment service providers.

Share

Twitter Facebook LinkedIn WhatsApp

Related News


Crunch time for BNPL

Sign up to receive our newsletter