Amid the stream of news — tidal wave, even — about Facebook’s new Send Money feature yesterday, there was little mention of what’s likely to come next. And that is, paying for products via Facebook. Facebook bought — and immediately shut down — shopping site TheFind just last week. What gives? After yesterday’sRead More
Post Tagged with: "social payments"
Ummm, paging Venmo. Facebook is eating the cost of P2P transactions so it can own social payments like it already owns advertising and chatting. That’s the word from industry insiders mulling over Facebook’s announcement today that users can send money to friends for free using their Visa or MasterCard debit cardsRead More
Can’t afford that hot new thing? Ask a friend to pitch in. ByeWallet is a Spanish startup that brings a social element into payments with collaborative purchases. There are few details yet, but it seems the app will present users with offers based on their spending patterns. A card fromRead More
Ribbon was caught up in Twitter’s rules for use of the medium, but Chirpify is still flying high. The Portland, Ore.-based social media payments platform is adding 200 to 300 users a day. The reason the two inline buying platforms are faring so differently hinges on Twitter’s rules for useRead More
Do consumers want to share details of their transactions with their friends to immortalize their experiences together?
Mobile payments startup Venmo thinks so, which is why it made sure to make its social features more prominent in its latest app release that hit earlier this month.