Why I’m Banking on Facebook

In: web resources

7 Mar 2010

cnnopinionA new Facebook app launched this week that lets you send small sums of money to friends – the London-based company allows payments to be sent in US dollars or Euros.

Beyond sharing links, photos, videos and status updates, is the exchange of real money a logical next step for Facebook users?

What about Facebook Credits, and the popularity of buying virtual goods within games like FarmVille — do those indicate Facebook’s potential to become a leading online payments provider?

That’s the topic of my CNN column this week.

Check out the column at CNN.com >>


Reviews: Facebook

Tags: cashmore, cnn, facebook, payments, pete cashmore



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2 Responses to Why I’m Banking on Facebook

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Jacob W

March 9th, 2010 at 1:31 pm

No more so than spending vast sum on wars and corporate bailouts.

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John M

April 3rd, 2010 at 1:49 pm

You cannot get games like consoles online, unless you have some means of downloading them illegaly. You can however play flash games online, with sites such as armorgames.com, miniclip.com, and addictinggames.com.

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