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This Is Why Facebook Was So Aggressive About Migrating Users Over To Messenger


This Is Why Facebook Was So Aggressive About Migrating Users Over To Messenger Fast Company Business Innovation

Source: http://www.fastcompany.com/3036695/fast-...

Still the question remained: Why was Facebook aggressively herding users over to Messenger? Especially since Facebook had just acquired WhatsApp--which basicallydoes the same thing--for $16 billion?

Now, we have clear hints of one possible answer: User-to-user mobile payments. According to leaked screenshots obtained by security researcher Jonathan Zdziarski (and posted to Twitter by developer Andrew Aude), it looks like Facebook is experimenting with a way to send money to other users using Messenger, a la Venmo, PayPal, and Square Cash. 

Stashed in: Facebook!, Money!, Privacy does not exist., Awesome, FB, Valuation, WhatsApp!, Facebook Acquisitions

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Brilliant forensics. 

And frightening implications for privacy if Facebook is watching money transfers between users.

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