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Facebook takes PayPal

19 Feb 2010
daniel
0
Facebook, PayPal, Social Currency

We got some interesting news concerning social currency

“As part of the relationship, advertisers around the world will soon be able to use PayPal to pay for Facebook Ads through the company’s online advertising tool. For businesses in areas where the payment process can be difficult and expensive, the option to pay with PayPal makes it even easier for advertisers, particularly small international companies, to run campaigns on Facebook.”

Not owning a credit card, I’ve been waiting for this to happen ever since. Having the opportunity to buy advertising on facebook now is not the only advantage of this new business partnership. What will happen if you will be able to buy actual good on pages with facebook connect?

I could image, that this could revolutionize payment methods world wide. For example non-profit organizations could generate facebook and mobile (though a facebook mobile application) donations without having to pay any commission fees.

Maybe we will even find be able to pay in a real shop by just using a facebook mobile application. Similar to the handy payment method of Switzerlands Post Finance

About the Author
Daniel is a social media enthusiast. He holds a BA in media and communication science and an MA in european business of the University of Fribourg. He founded some of Switzerland's largest sports blogs for skiing and snowboarding. Social media, sports and analytics is what he loves.
  • English
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