Facebook and Ecommerce

Facebook Payment Tab And Gateway Screenshot

Facebook Payment Tab And Gateway Screenshot

So, it looks like Facebook is finally adding payment gateways to it’s business model. Some accounts will see the new payment tab via their account settings where you can associate bank accounts and credit cards to your Facebook account while others will see nothing until the feature is in full swing. We were all waiting for it and now they are finally getting around to it. Essentially, a user will be able to buy real physical items along with the virtual items in the gift shop. Sounds like a perfect opportunity to implement an auction feature like Ebay and a classified section like Craigslist. This could be the moment social networks finally capitalize on the market and start making some serious cash.