Facebook streamlines mobile payments

Making it easier for developers to "monetise the mobile web"

Facebook is simplifying mobile payments, meaning users of its mobile web apps can pay for virtual goods or other items in just two steps. The new carrier billing option means that developers can charge users for items bought via their phone bill, rather than requiring them to input banking details, and follows Facebook’s partnership with UK mobile payments firm Bango earlier this year. In a blog post on the changes, Facebook suggests that it will be easier for developers to “monetise the mobile web.

Carriers supporting the new process in the US and UK include Sprint, AT&T, Vodafone, Orange, O2 and Three. It is not clear how payment revenues will be split across the different parties, but it appears unlikely that Facebook will be creaming off its typical 30% share due to the number of different players in the process.

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