Beta
×

Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

Facebook Autofill Wants to Store User's Credit Card Info

cagraham (3027657) writes | about a year ago

0

cagraham (3027657) writes "Facebook has teamed up with payment processors PayPal, Braintree, and Stripe, in an attempt to simplify mobile payments. The system allows Facebook members (who have turned over their credit and billing info) to click a "Autofill with Facebook" button when checking-out on a mobile app. Facebook will then verify the details, and securely transfer a user's info over to the payment processing company. The move is likely aimed at gathering more data on user behavior, which can be used to increase the prices Facebook charges for mobile ads. Whether or not the feature takes off however, will depend almost entirely on how willing users are to trust Facebook with their credit card data."

Sorry! There are no comments related to the filter you selected.

Check for New Comments
Slashdot Login

Need an Account?

Forgot your password?