Facebook could make loss from Bango partnership

Recent partnership

Facebook’s recent partnership with Bango to process mobile payments on the social network may lead to a loss for the social network, based on Bango’s standard carrier payout rates. Bango pays, as standard, a revenue share of 60% to AT&T, 83% to Orange, 55% to Telefonica, 57.5% to T-Mobile USA, and 79.2% to Vodafone. Specific figures for the Facebook deal have not been released, however. Since Facebook also pays a 70% revenue share to developers, any time a carrier takes a cut of more that 70%, Facebook would be making a loss on the transaction.

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