Facebook rolls out mobile billing system

Facebook has moved to simplify the way developers charge for their mobile Web apps with the launch of a direct-to-carrier billing system.

  0 1 comment

Facebook rolls out mobile billing system

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The new process, outlined on Facebook's developer blog, requires users to take just two steps to make a payment - compared to seven, including SMS verification, for the old system.

Users who want to pay for a virtual or digital good in a mobile Web app just open the payment dialog and confirm their purchase.

The new system comes after the social network inked a deal with UK-based mobile billing and analytics firm Bango.

Initially unveiled at Mobile World Congress in February, the service has now gone live with US and UK giants including AT&T, Sprint, Vodafone and O2, with operators in more than 60 countries set to follow.

Facebook is keen to find ways to make money from the increasingly important mobile arena, admitting in filings ahead of its recent IPO that the shift to handsets is hitting advertising revenue.

Sponsored [Impact Study] 2024 Fraud Trends in Banking, Insurance, and Beyond

Comments: (1)

Ketharaman Swaminathan

Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions

"...the shift to handsets is hitting advertising revenue."

This is consistent with my findings with the mobile version of a couple of blogs, including Finextra's, compared to their PC versions. More details can be found by Google searching for "Will Mobile Blogs Impoverish Bloggers?".

[Webinar] Solving the KYC challenge with end-to-end processesFinextra Promoted[Webinar] Solving the KYC challenge with end-to-end processes