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Friday, September 21, 2012

Facebook Inc launches a new feature for mobile payments

by Andi St. Hume on Sep 20, 2012

Facebook Inc (NASDAQ:FB) is going to make four important announcements today following some disappointing weeks without any key updates. The key updates will benefit the developers and they will take their advantages.

Recently, the social networking giant has diverted its focus towards mobile devices and today’s update is a part of the company’s strategy regarding mobile devices.

Facebook Inc (FB) is launching a new shortcut for mobile payments which will allow developers to monetize their stuff on mobile devices. With the help of this new feature, developers can match mobile transactions imposed by carriers with their price points. The new feature also allows purchasers to use mobile payment to buy anything rather than using ordinary Credit Cards.

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