12 ms·

Send Money to Friends in Messenger

282 points by iceron 12y ago

Jake232 12y ago
I think it's interesting that we can now pay almost anybody we have contact with, at almost zero effort and without even having to remove my debit card from my wallet. You can pay people via gmail now for your email contacts, send money to your personal friends via social media networking. I bought my Uber to work this morning completely frictionless without having to physically use my card. It's an interesting development of recent years for sure.
- TheSoftwareGuy 12y ago
  I mean, in reality, we are just back where we started. cash & checkbooks used to do this very well, until people needed online payments.
  - dntrkv 12y ago
    How are we back where we started? If I need to send my friend a payment and they are not in the same room with me, I couldn't do it with cash or checkbooks. Now I could send a friend money in about 5 clicks on my phone.
  - berdon 12y ago
    Not really. Cash and checkbooks require you pulling out a some form of tender, divvying out the correct amount or writing the amount out, and then handing the tender to the cashier. Now, using Uber as an example, I request a car, get into the car, and leave the car. You never even need to open the app back up after requesting a car.
  - superuser2 12y ago
    Cash is nearly useless for payments between friends becase everyone only ever has $20s, if they have cash at all.
dsugarman 12y ago
does this say something about how fast snapchat is innovating?
- tonyhb 12y ago
  Considering we've had Venmo[1], wallet/gmail[2] and Square Cash[3] since 2013, not really. [1]: http://bits.blogs.nytimes.com/2012/03/20/after-2-years-in-beta-venmo-opens-payment-service-to-public/ http://bits.blogs.nytimes.com/2012/03/20/after-2-years-in-be... [2]: http://googlecommerce.blogspot.com/2013/05/send-money-to-friends-with-gmail-and.html http://googlecommerce.blogspot.com/2013/05/send-money-to-fri... [3]: http://allthingsd.com/20131015/the-money-is-in-the-email/ http://allthingsd.com/20131015/the-money-is-in-the-email/
  - dsugarman 12y ago
    which of these were a way to send money through a social network's chat client?
    - SyncTheory13 12y ago
      SnapCash and SquareCash are one & the same. I think it's a great convenience to add CC to my FB, but since I do not use a real name, do not trust FB, and would be concerned about my account being compromised (though it probably makes you enter a CSC/PIN), I will not be using this any time in the near future. I personally use SquareCash all the time, and also use PNC bank's complimentary POPmoney setup to transfer funds for free (with PNC, I scheduled a partial rent payment to go to my landlord's bank account automatically every paycheck).
- cyborg 12y ago
  Snapcash. Send money that disappears after a few seconds.
  - Navarr 12y ago
    http://blog.snapchat.com/post/102895720555/introducing-snapcash http://blog.snapchat.com/post/102895720555/introducing-snapc...
ngoel36 12y ago
Did they build out this technology themselves, or was it through an acquisition? On a side note - no AmEx or Bank Account option...
- deleted 12y ago
  [deleted]
bobsky 12y ago
A natural addition. And just like Square Cash, just enter bank issued debit card for fee-free transactions. Now if it would work outside the US and in-between different countries, that'd be the killer app. Is there anything close to that dream?
- Istof 12y ago
  ... and insurance-free, as opposed to credit cards
- dvcc 12y ago
  How often do international transactions actually occur though (for small payments between friends)? I feel like it is such a small market it probably is not worth the extra hassle from a legal/fraud standpoint. As for outside the US, I was under the impression that most banks provide a free service for these transactions.
  - guelo 12y ago
    Remittances are one of the largest capital flows to developing countries totaling $400 billion in 2014. As they say, if you could capture 1% of that market ...
    - foobarqux 12y ago
      ... then you still wouldn't make much money because the margins are so low.
- deleted 12y ago
  [deleted]
  - tonyhb 12y ago
    https://transferwise.com/ https://transferwise.com/ run an absolutely amazing service. It's not instant but it saves a lot of money on forex fees.
- chishaku 12y ago
zacharypinter 12y ago
At this point, I just want one of these pay-with-your-phone solutions to win and be ubiquitous. The current situation is almost comical. "Do you have Venmo? Haven't set that up yet, can you send over Paypal?. No, what about Square Wallet? Nope, what about Gmail?"
- TheSoftwareGuy 12y ago
  At least Gmail & Facebook are pretty widely used already though
  - FreakyT 12y ago
    Not their respective payment services, though. Receiving one of these Facebook payments won't work unless you've added a credit card to your Facebook.
  - wongarsu 12y ago
    But with both Google and Facebook essentially being advertising companies a notable amount of people are hesitant to give them access to personal data. That could be a real hindrance to them becoming ubiquitous payment providers.
    - darkstar999 12y ago
      > a notable amount of people are hesitant to give them access to personal data. I bet this number is much lower than you think it is. People outside of the tech/hacker scene don't care about privacy (in this context). "Who cares if Facebook knows that I went to McDonalds?"
      - fizzbatter 12y ago
        I tend to agree with that, regardless. My general take is that i want life empowering features driven by data. Of course, i would prefer to not give X company my data, but until a home-brew solution comes to light it's unrealistic for me to expect privacy and these types of features. In the end, i want the features. I want Google Now (well, i want what it represents.. it still sort of sucks haha).
salimmadjd 12y ago
Now I see why they hired former paypal guys, David Marcus [1] and Stan Chudnovsky [2] Although I'm sure the team had been working on it for a while (given these were relatively new hires), bringing in the paypal executives helps them have a smoother launch and scale process. 1: https://www.linkedin.com/in/dmarcus https://www.linkedin.com/in/dmarcus 2: https://www.linkedin.com/in/stanchudnovsky https://www.linkedin.com/in/stanchudnovsky
adriancooney 12y ago
Wow, this is a really interesting play by Facebook to gather finance details of their users. I can absolutely see an scenario where friend X wants to pay friend Y who hasn't enabled Pay and they nag until friend Y does sign up. The cycle will continue. It's probably part of a bigger venture into eCommerce for Facebook.
- brettfarrow 12y ago
  I think they're aiming to enable people to buy from ads without ever leaving Facebook. Reduces friction for the buyer and has the potential to be a major source of revenue from ecommerce companies. I'm sure they realize how much money Google is printing with their shopping campaigns, and FB ads haven't proven to be very rewarding for ecommerce outside of fashion/lifestyle. Adding a major feature like that would be enormous in grabbing some of that market.
  - shostack 12y ago
    Can't upvote hard enough. User-to-user is just one piece of the puzzle. Facebook has faced a REAL uphill battle convincing advertisers of the value they add in the path to conversion. Anyone who is familiar with cross-channel attribution knows this all to well. Many of FB's recent updates have been big slaps in the face to many advertisers, but this could be a huge win. It would in essence enable them to go from being what is typically one of the first points in the "generating awareness" stage to being a last touch success. Most advertisers are not savvy to things like attribution (hence one of the reasons AdWords still focuses on last click in their main UI), so being able to say to businesses "here is how much money you earned directly and immediately from your ad" is a huge win for proving the value they add. Any PMs or engineers at FB--would love to chat with you about this and how it ties into the attribution picture. Seriously--it's a huge problem for you right now.
- VLM 12y ago
  "and they nag until friend Y does sign up" Despite gmails best efforts to block the dozens of emails offering to send me money, I still get a couple once in awhile, and like most internet users I'm pretty good at deleting them without falling for the scam. I suspect life will be very rough on early adopters.
FreakyT 12y ago
It's an interesting feature, but it seems unlikely that enough people will add their card information to Facebook to make it worthwhile, considering that both the payor and payee need CC information included for the payment to work. On a related note, this continues Facebook's unfortunate user-interface decision to replace the simple "send" button in Facebook Messenger with a row of increasingly crowded and not-particularly-useful buttons to send various "other" things.
- EC1 12y ago
  Like the thumbs up? Why is that the DEFAULT button there?
  - macleanjr 12y ago
    It turns into the send button as soon as you start typing
- ajessup 12y ago
  The Payee will be reasonably motivated to add their CC to retrieve the funds.
- encoderer 12y ago
  You only need to convince the payer. The recipient gets an email that says "You have money waiting, let us give it to you."
  - mahyarm 12y ago
    No, they then tell the payer, pay me with this instead, I don't want to sign up for this. The usual use case is giving money back for restaurants and such, so you have the social closeness to do this.
    - weixiyen 12y ago
      FB is in a unique situation where they can convert at a pretty high rate.
heathermiller 12y ago
Given the number of people that have their fb accounts hacked every day, I'd be pretty concerned about giving Facebook my credit card info too.
- cwilson 12y ago
  If I were Facebook I'd require anyone using the Pay feature to turn on two factor authentication.
  - serve_yay 12y ago
    Yes, they should do that. And I can't think of anything more annoying than needing to receive a text, just so I can log into dumb old Facebook. (I realize there are other "factors" available but that's not really the point.)
    - evanspa 12y ago
      Or, they could do it lazily. I.e., only force the 2FA at the time of money send / receive.
kgc 12y ago
Deleting Square Cash and Paypal...
ajessup 12y ago
It would be interesting if a user's social graph could be used to assess creditworthiness. If so they could remove a lot of friction either by reducing fees or assuming a certain degree of credit upfront.
- warkdarrior 12y ago
  There are companies that already do this: http://money.cnn.com/2013/08/26/technology/social/facebook-credit-score/index.html http://money.cnn.com/2013/08/26/technology/social/facebook-c...
6stringmerc 12y ago
"Hey RELATIVE it's me here on Facebook I had to get a new account because I'm in trouble here in FOREIGN COUNTRY so please send me money. It's really easy and I need it bad! Just enter your credit card and I will be saved!" I know, I know, it's not the tool...but I am reminded of a certain scene from The Fifth Element... "I hate warriors, too narrow-minded. I'll tell you what I do like though: a killer, a dyed-in-the-wool killer. Cold blooded, clean, methodical and thorough. Now a real killer, when he picked up the ZF-1, would've immediately asked about the little red button on the bottom of the gun. "
- logicallee 12y ago
  All right, I used the same address as last time. -bitcoiner's fantasy.
- cek 12y ago
  Kindel's Law: "Every new payment system rapidly transforms into an anti-fraud system."
  - mbesto 12y ago
    Or the opposite, and started as an anti-fraud system (see PayPal)
    - ethanbond 12y ago
      PayPal didn't start as an anti-fraud system? It was a payment system that developed a pretty novel anti-fraud system and which was the foundation for a different company that does a ton of anti-fraud.
      - mbesto 12y ago
        It most certainly did. "Confinity Inc. is best known as the creator of PayPal. It was founded in December 1998 by Max Levchin, Peter Thiel, and Luke Nosek, initially as a Palm Pilot payments and _cryptography_ company. Confinity launched its milestone product, PayPal in late 1999." [0] - http://en.wikipedia.org/wiki/Confinity http://en.wikipedia.org/wiki/Confinity
zobzu 12y ago
I wonder who doesnt have his pay service yet. Id rather use bitcoin.
serve_yay 12y ago
I use Square cash sometimes and I think it's pretty good, I don't think I would use this. A Facebook account is already a target for hacking, let alone bringing payment info into the situation. If a friend had this but didn't have Square, that wouldn't be enough to sway me to put my CC in Facebook. I just don't think I can bring myself to do that.
msoad 12y ago
It's interesting that the B-Roll video is not hosted on Facebook. BTW I just send money using PayPal to a Facebook friend and let him know using Facebook messenger. I would totally use this when it's available.
josephschmoe 12y ago
Honestly, I'd feel very uncomfortable making giving money this easy. Even with a physical wallet, it's still a two-step process.
- BinaryIdiot 12y ago
  Depending on the arbitrary counting methodology you want to use you could easily say this is the same amount of steps. For your physical wallet you take wallet out, you get money, you swipe, you sign. For Facebook the first time you open a chat with your friend, you click button, get wallet out, you enter information, you enter amount, you send. The subsequent times it's you opening a chat with your friend, clicking the button, entering the amount, sending. I'm just trying to illustrate that the amount of steps required is arbitrary and doesn't really indicate security. Sure feeling uncomfortable is fine but at least this way is safer than a physical wallet simply because you can't have your cards or cash stolen and worst case your phone is stolen you can login on a computer and deauthorize the phone (plus you can use a pin).
  - josephschmoe 12y ago
    I'm assuming I would already be in a Facebook conversation with the person, so the number of steps would be relatively low. Without that assumption, Facebook is (mildly) more difficult than a physical wallet.
meritt 12y ago
Next step: Connecting in-app-payments so they can be paid by someone else.
billyhoffman 12y ago
Interesting. Facebook has over 1.1 billion users, but their existing financial systems (Facebook credits, etc) process only 1 million transactions a day. I would have thought it was higher. Of course, that's daily, so another way to look at it is 0.1% of Facebook users pay for something on Facebook on a given day, which strangely feels high.
- deleted 12y ago
  [deleted]
- differentView 12y ago
  >Facebook has over 1.1 billion users People really need to stop repeating this. As someone with over 30+ Facebook accounts (for games) and knows lots of other Facebook gaming friends with 10+ accounts as well as non-gamers who keep 2+ accounts (primary, parents/relatives, cosplay/hobby, work, etc...). I'd discount whatever number Facebook reports by at least 20%.
  - patejam 12y ago
    Well it's also 1.1 billion active users per month, so that makes it slightly better IMO.
pibefision 12y ago
I think this would be more interesting in WhatsApp than in Facebook Messenger, because the different kind of graph you have.
danso 12y ago
I wonder if there's potential for this to be a content-creator-payment platform? That is, make tipping a publication as easy as hitting a "Like" on any given story...you could even have it as an extra button (I think making it a default pop-up with every "Like" would be detrimental to the user experience, to the point that users would just stop hitting "Like" for stories they actually liked)...it wouldn't make much money for FB, perhaps, but it would create further adoption of the platform. Edit: Not only might it increase adoption for the payments system, but it may further entice content creators to join FB's nascent content-platform ambitions: http://digiday.com/platforms/facebook-youtube-premium/ http://digiday.com/platforms/facebook-youtube-premium/
sagivo 12y ago
Free? How? Any company charge you processing fees when you use credit card
- smackfu 12y ago
  It's debit card not credit card, so usually they just pay a small flat fee of a couple of cents. Small enough to not pass on to the customer.
S_A_P 12y ago
I believe this was called project 419 internally.
devy 12y ago
Digital wallet is a huge trend everywhere right now. Besides PayPal, Square, Google, Apple, Facebook is finally joining the game. FYI, billions are flowing through similar service from Tencent's WeChat(aka Weixin) and Weibo during this year's Chinese's new year and giving and receiving red envelop money via digital wallet became a new way of Chinese social phenomena.
ForHackernews 12y ago
The only reason this "problem" remains to be solved is that the US banking industry can't get their act together. Most of the rest of the industrialized world has had near-instantaneous bank-to-bank transfers for more than a decade. Here's a good story contrasting the UK system with the US: http://www.npr.org/blogs/money/2013/10/04/229224964/episode-489-the-invisible-plumbing-of-our-economy http://www.npr.org/blogs/money/2013/10/04/229224964/episode-... Expect all of these virtual wallet payment systems to die a swift death once Visa/Mastercard/Citi/Bank Of America/Chase finally pulls their finger out.
smackfu 12y ago
I'm surprised they don't seem to be using any kind of wallet. From the description, transactions are only bank-to-bank, with a typical 2-3 day ACH delay. So if I pay my friend Joe $20 today, and he pays me $20 tomorrow, it still takes days to settle up. And the only record of the transaction is embedded in the chat? A wallet would have it settled up instantly.
richardlblair 12y ago
What's funny about this is that this happens to be snapchat's monetization strategy, too. It's funny because FB wanted to buy snapchat, snapchat said no, and now FB has implemented their strategy. I'm amused.
stephen-mw 12y ago
The thing I don't like about this is that I'm forced to become Facebook friends with someone to send or receive money. That's an unnecessary layer of consideration. I want to send and receive money quickly, easily, and cheaply. Now I'm also seeing what Ted is up to on my news feed. He's my Facebook friend now because we were all at a restaurant last week and they didn't let us split the bill.
- mmanfrin 12y ago
  I think the idea is to get adoption for friend-to-friend transfers first; I have no doubt that if this gains traction, then you'll soon be able to send to non-friends.
- meplusplus 12y ago
  I don't think you need to be friends with a person in order to do this. You can send normal messages to users who are not friends so I think payment will also have this ability.
- aembleton 12y ago
  You don't have to be friends with someone to send them a message. If they're a friend of a friend then they'll be easy to find.
habosa 12y ago
I already have a way to send money for free to any of my Facebook friends: Venmo. I have had Venmo for about 4 years now (it started at my school so we were early) and it is tied with Lyft for the startup I could not live without. Last year I sent ~$8,000 and received about $8,500 on Venmo. So a $500 diff but the amount of time it saved me versus transferring that $16,000 any other way is many, many hours. I don't think Venmo does too well as a business (processing cash for free for years can't be good business) but they have nailed the user experience.
- joshstrange 12y ago
  I love Venmo and use it with a number of friends but I'm getting sick of the "Do you have Venmo? No, Ok PayPal? No, Ok, well I can setup snapcash if you have it setup? No, ever heard of square cash?....." As much as I hate caving into the "Almighty Book of Faces" I will probably enter my card to help facilitate payments with friends. I use Venmo to pay my parents for loans in their name, for my sisters sorority dues, for pizza, beer, etc. I will keep Venmo for sure and prefer it over FB Pay but I'm really worried FB is going to kill Venmo with this move....
deftnerd 12y ago
Any news if this will be opened up through one of their Developer API's?
Kronopath 12y ago
It's interesting to note that this is yet another trend that came from Asia. Like stickers, another feature that was recently added to Messenger, this feature has long been in apps like Tencent's WeChat. And it's used extensively there. Just last month, during Chinese New Year, WeChat added a feature that let Chinese users send money to their WeChat contacts, following in the tradition where people give red envelopes of money (红包) to family members and friends. From what I hear, it was incredibly popular—I even received one myself from a Chinese friend. I wouldn't underestimate the potential popularity of this move. Especially once they open this up to countries outside the US.
asdffgagsfaswg 12y ago
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sjbase 12y ago
A lot of people are commenting about Facebook being "yet another entrant" into the wallet & payment game. I'd enjoy the ease and simplicity of having everyone on a single payment platform as much as the next guy, but it's simply not realistic. There's too much at stake for Google, Apple, Paypal, Square etc. to just give up. Instead, I could see this taking a similar direction as web authentication: instead of "Login with Google+" or "Login with Facebook" buttons, you have "Send $ to Google Wallet" in your FB-pay interface. I'd also point out that Facebook, by virtue of having a ton of data about their users, is well positioned to do things like identity assertion and fraud analytics; two of the more critical aspects of digital payment. Makes sense to me that they join the fray.
- shostack 12y ago
  It also makes sense for businesses to consider them as a payment option given the reach, and if it takes off, the likelihood that a user will keep their payment details current. Expired credit card churn is a huge issue for any successful SaaS business, and someone is much more likely to keep their payment details updated with a service they pay through regularly than they are entering one-off CC info. Adding FB to the mix with Apple, Amazon, Paypal and Google would make sense for a lot of companies (although probably entails a whole host of headaches).
gesman 12y ago
Finally, i can satisfy the urge to send money to friends. Seriously?
curiously 12y ago
"Dear Sir/Madam," "I am a wealthy Nigerian heir of our national oil company. I need my funds unlocked but unfortunately do not have $100 for internet access. Please send $100 and you will get your share of my inheritance in the billions of dollar."
Freeboots 12y ago
Far from the first person to mention it, but im fairly sure we have had this for a while. http://i.imgur.com/lczQmNQ.png http://i.imgur.com/lczQmNQ.png
Fiahil 12y ago
Introducing Snapcash! https://www.youtube.com/watch?v=kBwjxBmMszQ https://www.youtube.com/watch?v=kBwjxBmMszQ
- nacs 12y ago
  10K likes to 13K dislikes on that video and comments now disabled. Guess that indicates how much people like Snapcash.
linux_devil 12y ago
"Need a ultra-secured phoned with 2 level authentication on messages " What happens if I lose my phone , someone adds himself and send money , oh crap ! But Facebook knows where we are sending money , will it be helpful enough to nab a thief ?
- tagx 12y ago
  You can add a PIN that you need to enter every time you try to send money
Balgair 12y ago
The old jwz quote: "Every program attempts to expand until it can read mail. Those programs which cannot so expand are replaced by ones which can. " And the Cargill corollary: "Every social media company attempts to expand until it can become a bank. Those companies which cannot so expand are replaced by ones which can. Here a bank is defined as some entity that stores and records transactions between people "
benbristow 12y ago
> This feature will be rolling out over the coming months in the US. Fucking typical.
sk24iam 12y ago
I wouldn't be surprised if Apple follows the trend and introduces payments through imessage. They could make it pretty simple if they link it to Apple Pay/Touch ID.
ChikkaChiChi 12y ago
I skimmed through the comments and thought "What is Venmo and how terrible am I for not knowing about it sooner?" I then searched for the term on the page and noticed that the term is largely clustered around two threads; one of which the users both drop the name so much I had to check if they worked for the company. No offense to those who enjoy Venmo and its services, but this thread is a great example of HN commentary echo; it's way louder in here than it actually is.
- smackfu 12y ago
  Actually, I think it's an example of a generation gap. HN skews older than Venmo. http://www.businessinsider.com/venmo-splitting-a-group-check-easy-2014-1 http://www.businessinsider.com/venmo-splitting-a-group-check...
  - ChikkaChiChi 12y ago
    I'm sure that they have statistics to back up their target demographic, but I would probably apply a geographic layer onto those numbers and see where that leaves 'em. I just did a quick run through of my office (Minneapolis/St Paul snowboard, etc. online retailer): asking who has heard of it or uses it. Of the 30 or so I asked, 1 person has it on his phone and he says he never uses it. I _did_ have a conversation where I was told 'I usually pick it up then they get me back later' which a few people in earshot agreed with. Maybe there needs to be an app to track who owes you drinks?
  - ChikkaChiChi 12y ago
    I also did read through that article, and the one shot of someone asking for $3.00 to put someone's suit in a bag is hilarious to me. Back in my day, I thought we called those things favors. :)
- ceras 12y ago
  Among the disjoint groups of my own friends and my girlfriends' friends (none of whom code or are tech savvy at all), everyone I know in NYC uses Venmo. I learned about it from non-tech people. It could be because Venmo advertised very heavily in NYC mass transit a long time ago. My friends in the Bay Area, in contrast, are far less likely to know about Venmo and either use none of these options or are pretty fragmented. YMMV, of course :) it just seems like Venmo has done really well in one particularly large market, and the other ones are still way more fragmented.
ChikkaChiChi 12y ago
Do people honestly conduct this much commerce with their friends and family that they require an intermediary service for it?
mmagin 12y ago
Oh, yes, like I'm going to give FB my credit card info.
nichochar 12y ago
at this point, who cares? You can do this everywhere, and I will definitely try and pick a dedicated service (probably Venmo) to do this. I know they spend all of their time and energy working on it, rather than it just being a feature
xasos 12y ago
This is a game changer. I love venmo and its Facebook integration, but not everyone wants to set up a new account. This is going to make sending money to friends really easy.
yesplorer 12y ago
Facebook on the shutting down of their email service: "It seems wrong that an email message from your best friend gets sandwiched between a bill and a bank statement," the company wrote in its announcement blog post for the feature. The service didn't catch on, perhaps in part because Facebook never truly created a friendly or familiar interface for emailing. [0] In much the same vain, wouldn't it be that users wouldn't like to tolerate their friends who are going to bug them about the $20 they owe from last time since now they have no excuse to avoid payment. Because they can do it right there in the messenger? This is going to be a whole new level of friends/family and money don't get on pretty well. Maybe just me though. [0] http://www.theverge.com/2014/2/24/5443454/facebook-retires-its-email-service http://www.theverge.com/2014/2/24/5443454/facebook-retires-i...
- EarthLaunch 12y ago
  That possibility a really good point. It gives a lot of people, whether they owe or are owed, a strong reason to avoid actively using FB, the same way people avoid logging into chat because they don't want to feel obligated to chat with certain people. People who owe will feel guilty and not want to appear, while people who are owed will feel angry that they're not being paid back when it's so simple.
pbz 12y ago
Does anybody know how Venmo and now FB can send/wire between debit cards for free? What happens to the % Visa/Mastercard demand? Is something like this coming for Stripe?
- taterbase 12y ago
  Venmo uses actual ACH transactions which are free, it's like writing a check but there is a delay. FB, Snapchat, and others are likely eating the cost of the debit card "swipe" in hopes of garnering users.
  - pbz 12y ago
    Do they somehow find the ACH info (bank account) from the debit card?
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turingbook 12y ago
Can I say Facebook is just a copycat of Wechat, Weibo and other Internet services on this feature? Hundreds of millions of Chinese have used these feature for more than one year.
sbt 12y ago
Not in a million years I will give my financial info to Facebook. Not. Fucking. Happening. Ever.
rivella 12y ago
Thanks god that I don't need another app for payments. Can't wait until all those apps reunion in a single FB app. The new feature is obvious and helps to better target advertising. But of course, it solves a real world problem.

282 points by iceron 12y ago

I think it's interesting that we can now pay almost anybody we have contact with, at almost zero effort and without even having to remove my debit card from my wallet. You can pay people via gmail now for your email contacts, send money to your personal friends via social media networking. I bought my Uber to work this morning completely frictionless without having to physically use my card. It's an interesting development of recent years for sure.

TheSoftwareGuy 12y ago
I mean, in reality, we are just back where we started. cash & checkbooks used to do this very well, until people needed online payments.
- dntrkv 12y ago
  How are we back where we started? If I need to send my friend a payment and they are not in the same room with me, I couldn't do it with cash or checkbooks. Now I could send a friend money in about 5 clicks on my phone.
- berdon 12y ago
  Not really. Cash and checkbooks require you pulling out a some form of tender, divvying out the correct amount or writing the amount out, and then handing the tender to the cashier. Now, using Uber as an example, I request a car, get into the car, and leave the car. You never even need to open the app back up after requesting a car.
- superuser2 12y ago
  Cash is nearly useless for payments between friends becase everyone only ever has $20s, if they have cash at all.

dsugarman 12y ago

does this say something about how fast snapchat is innovating?

tonyhb 12y ago
Considering we've had Venmo[1], wallet/gmail[2] and Square Cash[3] since 2013, not really. [1]: http://bits.blogs.nytimes.com/2012/03/20/after-2-years-in-beta-venmo-opens-payment-service-to-public/ http://bits.blogs.nytimes.com/2012/03/20/after-2-years-in-be... [2]: http://googlecommerce.blogspot.com/2013/05/send-money-to-friends-with-gmail-and.html http://googlecommerce.blogspot.com/2013/05/send-money-to-fri... [3]: http://allthingsd.com/20131015/the-money-is-in-the-email/ http://allthingsd.com/20131015/the-money-is-in-the-email/
- dsugarman 12y ago
  which of these were a way to send money through a social network's chat client?
  - SyncTheory13 12y ago
    SnapCash and SquareCash are one & the same. I think it's a great convenience to add CC to my FB, but since I do not use a real name, do not trust FB, and would be concerned about my account being compromised (though it probably makes you enter a CSC/PIN), I will not be using this any time in the near future. I personally use SquareCash all the time, and also use PNC bank's complimentary POPmoney setup to transfer funds for free (with PNC, I scheduled a partial rent payment to go to my landlord's bank account automatically every paycheck).
cyborg 12y ago
Snapcash. Send money that disappears after a few seconds.
- Navarr 12y ago
  http://blog.snapchat.com/post/102895720555/introducing-snapcash http://blog.snapchat.com/post/102895720555/introducing-snapc...

ngoel36 12y ago

Did they build out this technology themselves, or was it through an acquisition? On a side note - no AmEx or Bank Account option...

deleted 12y ago
[deleted]

bobsky 12y ago

A natural addition. And just like Square Cash, just enter bank issued debit card for fee-free transactions. Now if it would work outside the US and in-between different countries, that'd be the killer app. Is there anything close to that dream?

Istof 12y ago
... and insurance-free, as opposed to credit cards
dvcc 12y ago
How often do international transactions actually occur though (for small payments between friends)? I feel like it is such a small market it probably is not worth the extra hassle from a legal/fraud standpoint. As for outside the US, I was under the impression that most banks provide a free service for these transactions.
- guelo 12y ago
  Remittances are one of the largest capital flows to developing countries totaling $400 billion in 2014. As they say, if you could capture 1% of that market ...
  - foobarqux 12y ago
    ... then you still wouldn't make much money because the margins are so low.
deleted 12y ago
[deleted]
- tonyhb 12y ago
  https://transferwise.com/ https://transferwise.com/ run an absolutely amazing service. It's not instant but it saves a lot of money on forex fees.
chishaku 12y ago

zacharypinter 12y ago

At this point, I just want one of these pay-with-your-phone solutions to win and be ubiquitous. The current situation is almost comical. "Do you have Venmo? Haven't set that up yet, can you send over Paypal?. No, what about Square Wallet? Nope, what about Gmail?"

TheSoftwareGuy 12y ago
At least Gmail & Facebook are pretty widely used already though
- FreakyT 12y ago
  Not their respective payment services, though. Receiving one of these Facebook payments won't work unless you've added a credit card to your Facebook.
- wongarsu 12y ago
  But with both Google and Facebook essentially being advertising companies a notable amount of people are hesitant to give them access to personal data. That could be a real hindrance to them becoming ubiquitous payment providers.
  - darkstar999 12y ago
    > a notable amount of people are hesitant to give them access to personal data. I bet this number is much lower than you think it is. People outside of the tech/hacker scene don't care about privacy (in this context). "Who cares if Facebook knows that I went to McDonalds?"
    - fizzbatter 12y ago
      I tend to agree with that, regardless. My general take is that i want life empowering features driven by data. Of course, i would prefer to not give X company my data, but until a home-brew solution comes to light it's unrealistic for me to expect privacy and these types of features. In the end, i want the features. I want Google Now (well, i want what it represents.. it still sort of sucks haha).

salimmadjd 12y ago

Now I see why they hired former paypal guys, David Marcus [1] and Stan Chudnovsky [2] Although I'm sure the team had been working on it for a while (given these were relatively new hires), bringing in the paypal executives helps them have a smoother launch and scale process. 1: https://www.linkedin.com/in/dmarcus https://www.linkedin.com/in/dmarcus 2: https://www.linkedin.com/in/stanchudnovsky https://www.linkedin.com/in/stanchudnovsky

adriancooney 12y ago

Wow, this is a really interesting play by Facebook to gather finance details of their users. I can absolutely see an scenario where friend X wants to pay friend Y who hasn't enabled Pay and they nag until friend Y does sign up. The cycle will continue. It's probably part of a bigger venture into eCommerce for Facebook.

brettfarrow 12y ago
I think they're aiming to enable people to buy from ads without ever leaving Facebook. Reduces friction for the buyer and has the potential to be a major source of revenue from ecommerce companies. I'm sure they realize how much money Google is printing with their shopping campaigns, and FB ads haven't proven to be very rewarding for ecommerce outside of fashion/lifestyle. Adding a major feature like that would be enormous in grabbing some of that market.
- shostack 12y ago
  Can't upvote hard enough. User-to-user is just one piece of the puzzle. Facebook has faced a REAL uphill battle convincing advertisers of the value they add in the path to conversion. Anyone who is familiar with cross-channel attribution knows this all to well. Many of FB's recent updates have been big slaps in the face to many advertisers, but this could be a huge win. It would in essence enable them to go from being what is typically one of the first points in the "generating awareness" stage to being a last touch success. Most advertisers are not savvy to things like attribution (hence one of the reasons AdWords still focuses on last click in their main UI), so being able to say to businesses "here is how much money you earned directly and immediately from your ad" is a huge win for proving the value they add. Any PMs or engineers at FB--would love to chat with you about this and how it ties into the attribution picture. Seriously--it's a huge problem for you right now.
VLM 12y ago
"and they nag until friend Y does sign up" Despite gmails best efforts to block the dozens of emails offering to send me money, I still get a couple once in awhile, and like most internet users I'm pretty good at deleting them without falling for the scam. I suspect life will be very rough on early adopters.

FreakyT 12y ago

It's an interesting feature, but it seems unlikely that enough people will add their card information to Facebook to make it worthwhile, considering that both the payor and payee need CC information included for the payment to work. On a related note, this continues Facebook's unfortunate user-interface decision to replace the simple "send" button in Facebook Messenger with a row of increasingly crowded and not-particularly-useful buttons to send various "other" things.

EC1 12y ago
Like the thumbs up? Why is that the DEFAULT button there?
- macleanjr 12y ago
  It turns into the send button as soon as you start typing
ajessup 12y ago
The Payee will be reasonably motivated to add their CC to retrieve the funds.
encoderer 12y ago
You only need to convince the payer. The recipient gets an email that says "You have money waiting, let us give it to you."
- mahyarm 12y ago
  No, they then tell the payer, pay me with this instead, I don't want to sign up for this. The usual use case is giving money back for restaurants and such, so you have the social closeness to do this.
  - weixiyen 12y ago
    FB is in a unique situation where they can convert at a pretty high rate.

heathermiller 12y ago

Given the number of people that have their fb accounts hacked every day, I'd be pretty concerned about giving Facebook my credit card info too.

cwilson 12y ago
If I were Facebook I'd require anyone using the Pay feature to turn on two factor authentication.
- serve_yay 12y ago
  Yes, they should do that. And I can't think of anything more annoying than needing to receive a text, just so I can log into dumb old Facebook. (I realize there are other "factors" available but that's not really the point.)
  - evanspa 12y ago
    Or, they could do it lazily. I.e., only force the 2FA at the time of money send / receive.

kgc 12y ago

Deleting Square Cash and Paypal...

ajessup 12y ago

It would be interesting if a user's social graph could be used to assess creditworthiness. If so they could remove a lot of friction either by reducing fees or assuming a certain degree of credit upfront.

warkdarrior 12y ago
There are companies that already do this: http://money.cnn.com/2013/08/26/technology/social/facebook-credit-score/index.html http://money.cnn.com/2013/08/26/technology/social/facebook-c...

6stringmerc 12y ago

"Hey RELATIVE it's me here on Facebook I had to get a new account because I'm in trouble here in FOREIGN COUNTRY so please send me money. It's really easy and I need it bad! Just enter your credit card and I will be saved!" I know, I know, it's not the tool...but I am reminded of a certain scene from The Fifth Element... "I hate warriors, too narrow-minded. I'll tell you what I do like though: a killer, a dyed-in-the-wool killer. Cold blooded, clean, methodical and thorough. Now a real killer, when he picked up the ZF-1, would've immediately asked about the little red button on the bottom of the gun. "

logicallee 12y ago
All right, I used the same address as last time. -bitcoiner's fantasy.
cek 12y ago
Kindel's Law: "Every new payment system rapidly transforms into an anti-fraud system."
- mbesto 12y ago
  Or the opposite, and started as an anti-fraud system (see PayPal)
  - ethanbond 12y ago
    PayPal didn't start as an anti-fraud system? It was a payment system that developed a pretty novel anti-fraud system and which was the foundation for a different company that does a ton of anti-fraud.
    - mbesto 12y ago
      It most certainly did. "Confinity Inc. is best known as the creator of PayPal. It was founded in December 1998 by Max Levchin, Peter Thiel, and Luke Nosek, initially as a Palm Pilot payments and _cryptography_ company. Confinity launched its milestone product, PayPal in late 1999." [0] - http://en.wikipedia.org/wiki/Confinity http://en.wikipedia.org/wiki/Confinity

zobzu 12y ago

I wonder who doesnt have his pay service yet. Id rather use bitcoin.

serve_yay 12y ago

I use Square cash sometimes and I think it's pretty good, I don't think I would use this. A Facebook account is already a target for hacking, let alone bringing payment info into the situation. If a friend had this but didn't have Square, that wouldn't be enough to sway me to put my CC in Facebook. I just don't think I can bring myself to do that.

msoad 12y ago

It's interesting that the B-Roll video is not hosted on Facebook. BTW I just send money using PayPal to a Facebook friend and let him know using Facebook messenger. I would totally use this when it's available.

josephschmoe 12y ago

Honestly, I'd feel very uncomfortable making giving money this easy. Even with a physical wallet, it's still a two-step process.

BinaryIdiot 12y ago
Depending on the arbitrary counting methodology you want to use you could easily say this is the same amount of steps. For your physical wallet you take wallet out, you get money, you swipe, you sign. For Facebook the first time you open a chat with your friend, you click button, get wallet out, you enter information, you enter amount, you send. The subsequent times it's you opening a chat with your friend, clicking the button, entering the amount, sending. I'm just trying to illustrate that the amount of steps required is arbitrary and doesn't really indicate security. Sure feeling uncomfortable is fine but at least this way is safer than a physical wallet simply because you can't have your cards or cash stolen and worst case your phone is stolen you can login on a computer and deauthorize the phone (plus you can use a pin).
- josephschmoe 12y ago
  I'm assuming I would already be in a Facebook conversation with the person, so the number of steps would be relatively low. Without that assumption, Facebook is (mildly) more difficult than a physical wallet.

meritt 12y ago

Next step: Connecting in-app-payments so they can be paid by someone else.

billyhoffman 12y ago

Interesting. Facebook has over 1.1 billion users, but their existing financial systems (Facebook credits, etc) process only 1 million transactions a day. I would have thought it was higher. Of course, that's daily, so another way to look at it is 0.1% of Facebook users pay for something on Facebook on a given day, which strangely feels high.

deleted 12y ago
[deleted]
differentView 12y ago
>Facebook has over 1.1 billion users People really need to stop repeating this. As someone with over 30+ Facebook accounts (for games) and knows lots of other Facebook gaming friends with 10+ accounts as well as non-gamers who keep 2+ accounts (primary, parents/relatives, cosplay/hobby, work, etc...). I'd discount whatever number Facebook reports by at least 20%.
- patejam 12y ago
  Well it's also 1.1 billion active users per month, so that makes it slightly better IMO.

pibefision 12y ago

I think this would be more interesting in WhatsApp than in Facebook Messenger, because the different kind of graph you have.

danso 12y ago

I wonder if there's potential for this to be a content-creator-payment platform? That is, make tipping a publication as easy as hitting a "Like" on any given story...you could even have it as an extra button (I think making it a default pop-up with every "Like" would be detrimental to the user experience, to the point that users would just stop hitting "Like" for stories they actually liked)...it wouldn't make much money for FB, perhaps, but it would create further adoption of the platform. Edit: Not only might it increase adoption for the payments system, but it may further entice content creators to join FB's nascent content-platform ambitions: http://digiday.com/platforms/facebook-youtube-premium/ http://digiday.com/platforms/facebook-youtube-premium/

sagivo 12y ago

Free? How? Any company charge you processing fees when you use credit card

smackfu 12y ago
It's debit card not credit card, so usually they just pay a small flat fee of a couple of cents. Small enough to not pass on to the customer.

S_A_P 12y ago

I believe this was called project 419 internally.

devy 12y ago

Digital wallet is a huge trend everywhere right now. Besides PayPal, Square, Google, Apple, Facebook is finally joining the game. FYI, billions are flowing through similar service from Tencent's WeChat(aka Weixin) and Weibo during this year's Chinese's new year and giving and receiving red envelop money via digital wallet became a new way of Chinese social phenomena.

ForHackernews 12y ago

The only reason this "problem" remains to be solved is that the US banking industry can't get their act together. Most of the rest of the industrialized world has had near-instantaneous bank-to-bank transfers for more than a decade. Here's a good story contrasting the UK system with the US: http://www.npr.org/blogs/money/2013/10/04/229224964/episode-489-the-invisible-plumbing-of-our-economy http://www.npr.org/blogs/money/2013/10/04/229224964/episode-... Expect all of these virtual wallet payment systems to die a swift death once Visa/Mastercard/Citi/Bank Of America/Chase finally pulls their finger out.

smackfu 12y ago

I'm surprised they don't seem to be using any kind of wallet. From the description, transactions are only bank-to-bank, with a typical 2-3 day ACH delay. So if I pay my friend Joe $20 today, and he pays me $20 tomorrow, it still takes days to settle up. And the only record of the transaction is embedded in the chat? A wallet would have it settled up instantly.

richardlblair 12y ago

What's funny about this is that this happens to be snapchat's monetization strategy, too. It's funny because FB wanted to buy snapchat, snapchat said no, and now FB has implemented their strategy. I'm amused.

stephen-mw 12y ago

The thing I don't like about this is that I'm forced to become Facebook friends with someone to send or receive money. That's an unnecessary layer of consideration. I want to send and receive money quickly, easily, and cheaply. Now I'm also seeing what Ted is up to on my news feed. He's my Facebook friend now because we were all at a restaurant last week and they didn't let us split the bill.

mmanfrin 12y ago
I think the idea is to get adoption for friend-to-friend transfers first; I have no doubt that if this gains traction, then you'll soon be able to send to non-friends.
meplusplus 12y ago
I don't think you need to be friends with a person in order to do this. You can send normal messages to users who are not friends so I think payment will also have this ability.
aembleton 12y ago
You don't have to be friends with someone to send them a message. If they're a friend of a friend then they'll be easy to find.

habosa 12y ago

I already have a way to send money for free to any of my Facebook friends: Venmo. I have had Venmo for about 4 years now (it started at my school so we were early) and it is tied with Lyft for the startup I could not live without. Last year I sent ~$8,000 and received about $8,500 on Venmo. So a $500 diff but the amount of time it saved me versus transferring that $16,000 any other way is many, many hours. I don't think Venmo does too well as a business (processing cash for free for years can't be good business) but they have nailed the user experience.

joshstrange 12y ago
I love Venmo and use it with a number of friends but I'm getting sick of the "Do you have Venmo? No, Ok PayPal? No, Ok, well I can setup snapcash if you have it setup? No, ever heard of square cash?....." As much as I hate caving into the "Almighty Book of Faces" I will probably enter my card to help facilitate payments with friends. I use Venmo to pay my parents for loans in their name, for my sisters sorority dues, for pizza, beer, etc. I will keep Venmo for sure and prefer it over FB Pay but I'm really worried FB is going to kill Venmo with this move....

deftnerd 12y ago

Any news if this will be opened up through one of their Developer API's?

Kronopath 12y ago

It's interesting to note that this is yet another trend that came from Asia. Like stickers, another feature that was recently added to Messenger, this feature has long been in apps like Tencent's WeChat. And it's used extensively there. Just last month, during Chinese New Year, WeChat added a feature that let Chinese users send money to their WeChat contacts, following in the tradition where people give red envelopes of money (红包) to family members and friends. From what I hear, it was incredibly popular—I even received one myself from a Chinese friend. I wouldn't underestimate the potential popularity of this move. Especially once they open this up to countries outside the US.

asdffgagsfaswg 12y ago

asdfasdfasdf

sjbase 12y ago

A lot of people are commenting about Facebook being "yet another entrant" into the wallet & payment game. I'd enjoy the ease and simplicity of having everyone on a single payment platform as much as the next guy, but it's simply not realistic. There's too much at stake for Google, Apple, Paypal, Square etc. to just give up. Instead, I could see this taking a similar direction as web authentication: instead of "Login with Google+" or "Login with Facebook" buttons, you have "Send $ to Google Wallet" in your FB-pay interface. I'd also point out that Facebook, by virtue of having a ton of data about their users, is well positioned to do things like identity assertion and fraud analytics; two of the more critical aspects of digital payment. Makes sense to me that they join the fray.

shostack 12y ago
It also makes sense for businesses to consider them as a payment option given the reach, and if it takes off, the likelihood that a user will keep their payment details current. Expired credit card churn is a huge issue for any successful SaaS business, and someone is much more likely to keep their payment details updated with a service they pay through regularly than they are entering one-off CC info. Adding FB to the mix with Apple, Amazon, Paypal and Google would make sense for a lot of companies (although probably entails a whole host of headaches).

gesman 12y ago

Finally, i can satisfy the urge to send money to friends. Seriously?

curiously 12y ago

"Dear Sir/Madam," "I am a wealthy Nigerian heir of our national oil company. I need my funds unlocked but unfortunately do not have $100 for internet access. Please send $100 and you will get your share of my inheritance in the billions of dollar."

Freeboots 12y ago

Far from the first person to mention it, but im fairly sure we have had this for a while. http://i.imgur.com/lczQmNQ.png http://i.imgur.com/lczQmNQ.png

Fiahil 12y ago

Introducing Snapcash! https://www.youtube.com/watch?v=kBwjxBmMszQ https://www.youtube.com/watch?v=kBwjxBmMszQ

nacs 12y ago
10K likes to 13K dislikes on that video and comments now disabled. Guess that indicates how much people like Snapcash.

linux_devil 12y ago

"Need a ultra-secured phoned with 2 level authentication on messages " What happens if I lose my phone , someone adds himself and send money , oh crap ! But Facebook knows where we are sending money , will it be helpful enough to nab a thief ?

tagx 12y ago
You can add a PIN that you need to enter every time you try to send money

Balgair 12y ago

The old jwz quote: "Every program attempts to expand until it can read mail. Those programs which cannot so expand are replaced by ones which can. " And the Cargill corollary: "Every social media company attempts to expand until it can become a bank. Those companies which cannot so expand are replaced by ones which can. Here a bank is defined as some entity that stores and records transactions between people "

benbristow 12y ago

> This feature will be rolling out over the coming months in the US. Fucking typical.

sk24iam 12y ago

I wouldn't be surprised if Apple follows the trend and introduces payments through imessage. They could make it pretty simple if they link it to Apple Pay/Touch ID.

ChikkaChiChi 12y ago

I skimmed through the comments and thought "What is Venmo and how terrible am I for not knowing about it sooner?" I then searched for the term on the page and noticed that the term is largely clustered around two threads; one of which the users both drop the name so much I had to check if they worked for the company. No offense to those who enjoy Venmo and its services, but this thread is a great example of HN commentary echo; it's way louder in here than it actually is.

smackfu 12y ago
Actually, I think it's an example of a generation gap. HN skews older than Venmo. http://www.businessinsider.com/venmo-splitting-a-group-check-easy-2014-1 http://www.businessinsider.com/venmo-splitting-a-group-check...
- ChikkaChiChi 12y ago
  I'm sure that they have statistics to back up their target demographic, but I would probably apply a geographic layer onto those numbers and see where that leaves 'em. I just did a quick run through of my office (Minneapolis/St Paul snowboard, etc. online retailer): asking who has heard of it or uses it. Of the 30 or so I asked, 1 person has it on his phone and he says he never uses it. I _did_ have a conversation where I was told 'I usually pick it up then they get me back later' which a few people in earshot agreed with. Maybe there needs to be an app to track who owes you drinks?
- ChikkaChiChi 12y ago
  I also did read through that article, and the one shot of someone asking for $3.00 to put someone's suit in a bag is hilarious to me. Back in my day, I thought we called those things favors. :)
ceras 12y ago
Among the disjoint groups of my own friends and my girlfriends' friends (none of whom code or are tech savvy at all), everyone I know in NYC uses Venmo. I learned about it from non-tech people. It could be because Venmo advertised very heavily in NYC mass transit a long time ago. My friends in the Bay Area, in contrast, are far less likely to know about Venmo and either use none of these options or are pretty fragmented. YMMV, of course :) it just seems like Venmo has done really well in one particularly large market, and the other ones are still way more fragmented.

ChikkaChiChi 12y ago

Do people honestly conduct this much commerce with their friends and family that they require an intermediary service for it?

mmagin 12y ago

Oh, yes, like I'm going to give FB my credit card info.

nichochar 12y ago

at this point, who cares? You can do this everywhere, and I will definitely try and pick a dedicated service (probably Venmo) to do this. I know they spend all of their time and energy working on it, rather than it just being a feature

xasos 12y ago

This is a game changer. I love venmo and its Facebook integration, but not everyone wants to set up a new account. This is going to make sending money to friends really easy.

yesplorer 12y ago

Facebook on the shutting down of their email service: "It seems wrong that an email message from your best friend gets sandwiched between a bill and a bank statement," the company wrote in its announcement blog post for the feature. The service didn't catch on, perhaps in part because Facebook never truly created a friendly or familiar interface for emailing. [0] In much the same vain, wouldn't it be that users wouldn't like to tolerate their friends who are going to bug them about the $20 they owe from last time since now they have no excuse to avoid payment. Because they can do it right there in the messenger? This is going to be a whole new level of friends/family and money don't get on pretty well. Maybe just me though. [0] http://www.theverge.com/2014/2/24/5443454/facebook-retires-its-email-service http://www.theverge.com/2014/2/24/5443454/facebook-retires-i...

EarthLaunch 12y ago
That possibility a really good point. It gives a lot of people, whether they owe or are owed, a strong reason to avoid actively using FB, the same way people avoid logging into chat because they don't want to feel obligated to chat with certain people. People who owe will feel guilty and not want to appear, while people who are owed will feel angry that they're not being paid back when it's so simple.

pbz 12y ago

Does anybody know how Venmo and now FB can send/wire between debit cards for free? What happens to the % Visa/Mastercard demand? Is something like this coming for Stripe?

taterbase 12y ago
Venmo uses actual ACH transactions which are free, it's like writing a check but there is a delay. FB, Snapchat, and others are likely eating the cost of the debit card "swipe" in hopes of garnering users.
- pbz 12y ago
  Do they somehow find the ACH info (bank account) from the debit card?

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turingbook 12y ago

Can I say Facebook is just a copycat of Wechat, Weibo and other Internet services on this feature? Hundreds of millions of Chinese have used these feature for more than one year.

sbt 12y ago

Not in a million years I will give my financial info to Facebook. Not. Fucking. Happening. Ever.

rivella 12y ago

Thanks god that I don't need another app for payments. Can't wait until all those apps reunion in a single FB app. The new feature is obvious and helps to better target advertising. But of course, it solves a real world problem.