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Facebook Could Use Money Transfers To Extend WhatsApp And Non-Ad Revenue

Author:
Ingrid Lunden
Source:

The FT is reporting that Facebook is looking at e-money services — including the ability for people to make peer-to-peer money transfers using money that is stored on Facebook itself — and has applied for an e-money license in Ireland as part of that. Facebook has declined to comment on the report, but we have confirmed with sources some of the details of what is going on.

MasterCard Dives Deeper into Mobile with In-App Payments, C-SAM Acquisition

Author:
Kevin Fitchard
Source:

MasterCard wants to tap the growing economy within mobile applications. At Mobile World Congress on Sunday, the financial transaction titan plans to announce new capabilities to its MasterPass digital payments service that will let developers embed a bevy of different mobile payments option into smartphone apps.

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