Facebook, the world’s largest social media platform, is renewing its focus on payments, with a significant and unified push into payments. The move to launch Facebook Pay comes despite its previous failed attempts at cryptocurrency (read Calibra), and is yet reflective of Mark Zuckerberg’s thinking to monetize the vast social network by focusing on transactions …
Sensing a multi-billion dollar opportunity to improve the cross-border payments system, Facebook is launching its own digital coin called ‘Libra‘ next year which is set to run into rough weather with several governments, including India, not treating cryptocurrencies as legal tender. The move to launch ‘Libra’ comes at a time when Facebook is under intense …
The world truly needs a reliable digital currency and infrastructure that together can deliver on the promise of “the internet of money.” Securing your financial assets on your mobile device should be simple and intuitive. Moving money around globally should be as easy and cost-effective as — and even more safe and secure than — …