Comment on Facebook Launches Simple Mobile PaymentsparentComments−harbud14yProbably because FB is not a bank, and there are strict regulations in most countries for companies that store people's money like banks. Paypal is not a bank either, but I'd guess storing credits is still easier regulation-wise.−compsciphd14yhttp://en.wikipedia.org/wiki/PayPal#Bank_status
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Probably because FB is not a bank, and there are strict regulations in most countries for companies that store people's money like banks. Paypal is not a bank either, but I'd guess storing credits is still easier regulation-wise.
http://en.wikipedia.org/wiki/PayPal#Bank_status