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Facebook's payment service is free because it's a trojan.

Added almost 2 years ago | As appeared first on beyonddevic.es | Author: Jan Dawson
Facebook's announcement of person-to-person payments through Facebook Messenger last week has a lot of people scratching their heads. The most puzzling part? It's not charging for these payments, even though there's a cost to Facebook, which means it'll lose money on every transaction. So why would Facebook do this, and what implications does it have for payments and other services at Facebook? Take a step back for a minute and look at Apple. For years, signing up for an iTunes account was al...
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