On Monday, the social networking giant unveiled several new Messenger updates that will let customers to make payments without leaving the app.
One Wall Street firm sees major upside for Facebook if its secretive cryptocurrency plan works out. Facebook’s reported stablecoin project could be a significant moneymaker for the social media giant.
Facebook is set to report fourth-quarter 2018 results on Jan 30. Its user base growth will be closely monitored by all. Notably, monthly active users increased 199M on a year-over-year basis and 37M sequentially to 2.271B in the last reported quarter.
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With the new payments functionality, the social media networking giant will enable Messenger users to send funds to several members of the group chat.
The social network giant has got an e-money license from the Central Bank of Ireland, thus allowing its customers in Europe to pay via its Messenger app.
On Monday, the social networking giant unveiled several new Messenger updates that will let customers to make payments without leaving the app.
The social media company is likely to introduce some changes within its messaging app, including a secret chat option and an expanded payment service.