Facebook
says it plans to test a mobile payments service that lets users make
purchases inside mobile applications using payment information they have
added to their account on the social network.
schedule for
making the service available to users. The service would use payment
information that shoppers store on Facebook to automatically complete
checkout forms of certain mobile apps.
Then, the app
would process the purchase.Facebook says the company has a "great
relationship with PayPal" and the service won't involve moving payment
processing "away from an app's current payments provider, such as
PayPal."
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