93 318 54 36

Facebook also wants to be a bank

23/04/2014
XPinyol

In addition to buying instant messaging, drone and virtual reality companies, Facebook now also wants to operate in banking and offer digital money exchange service.

According to the Financial Times, Facebook will receive within a few weeks the license from the Irish central bank to operate as an electronic currency manager. This would mean power make transfers between profiles, for now only in the European Union.

This Facebook utility would be based in London, the financial hub, but with the intention of gaining trust in emerging countries. Mark Zuckerberg's company has contacted three London companies that offer international economic transfer services online and through smartphones; TransferWise, which is characterized by making international transfers quickly and with very low commissions, Moni Technologies and Azimo, which manages micropayments between consumers.

It is still unknown how Facebook would make this financial utility work, but there is speculation about the possibility of being able to send money to a contact. through a message Whatsapp the Facebook, or paying for a service by sending an email or through the same social network.

Some experts also claim that the social network could offer these services through Wizzo, a financial social network that was launched by BBVA in Spain last year.

Do you need to update your website?

Do you need any of our web design services? In IndianWebs We have extensive experience, and a team of programmers and web designers in different specialties, we are capable of offering a wide range of services in the creation of custom web pages. Whatever your project is, we will tackle it.