April 14, 2014

Will Facebook launch banking services ?

According to the Financial Times, the Irish subsidiary of the world's largest social network is about to get, from the Irish central bank, the necessary authorizations to certain financial services.


facebook banking

Facebook would particularly allow its users to store virtual money on its servers, but also to make transfers and payments why not. Clearly, this means that Irish registered users on Facebook could create a virtual account in which they could store "e-currency" transferable between users throughout Europe.


facebook banking

The Financial Times also states that the site Mark Zuckerberg is in talks with several European start-ups offering money transfer services on the Internet and mobile to form partnerships. And facilitate the process for its users.