Can Facebook make mobile payments work?

The social network would like to see its one-click mobile payment service compete with the likes of PayPal and Amazon, but payments are about trust and that's where Facebook runs into trouble.

Facebook is quietly testing a new mobile feature that will provide users with a one-click payment service for mobile shopping applications. This makes sense, given the growth in mobile payment revenues, the size of Facebook’s mobile base, and the importance of mobile advertising to the social network. But the social network will need to surmount a couple of critical hurdles.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles