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Comment on Facebook Launches Simple Mobile Paymentsparent

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What do you think they are going to do with your money exactly ?

For me, it's just adding an unnecessary company in the middle of a transaction.

When I buy something, I accept that there's somebody selling something, and frequently a credit card company facilitating that transaction. Why do I need Facebook to know what I'm buying when purchasing things has already been made easy-enough for most cases? With Facebook inserting themselves into the checkout process, I'd be giving them something of value without really getting anything for it - so why would I do it?

Don't imply it's a silly suggestion! They can freeze your money, block a transaction, etc. etc.

Whatever PayPal does, Facebook can do too.

I dunno. Sharks. Laser beams. The works. At least it finally might bring mobile electronic payment systems in the US up to the same standard as in Africa. Will take the US a while to catch up though.

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