“David Marcus, Facebook's (NASDAQ: FB ) vice president of messaging services, told an audience in Munich last week that he has an ambitious roadmap for Facebook Messenger in 2015. That roadmap includes ways for the company to generate revenue, but he said it won't include building a payments business on top of Facebook Messenger or WhatsApp.
Instead, Facebook wants to help remove friction from the buying experience. This shift opens the door for mobile payments providers to capitalize on Facebook's scale as it connects businesses with consumers. Specifically, Marcus wants to allow people to share private information - like their credit card data - with confidence.”
Read more>>