4 ms·
This is huge. Social payments could be the biggest business model for Facebook and even blast their revenues way past $100B. Lots of startups, many great ones h
by wellboy 12y ago
This is huge. Social payments could be the biggest business model for Facebook and even blast their revenues way past $100B. Lots of startups, many great ones have attempted it before, but all failed due to lack of traction. Facebook doesn't have this problem and could thus bring social payments finally to success.
This is where we will now be able to see how much TRUST affects a company. The Facebook brand is currently viewed as very negative and could be the reason, why this business model could be completely rejected by its users.
- onedev 12y agoTo your point, PayPal is also seen as a very negative brand and they continue to thrive.