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Facebook granted European license for electronic payments in Messenger

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Vape Media
Payments through Facebook Messenger have been available in the US for some time now, and they're about to make their way to Europe. Facebook has just been granted a license for 'payment services' and 'e-money issuance' with the Central Bank of Ireland. As a member of the European Union, holding a license in Ireland means that Facebook will be able to offer its payment services in all of the EU member states. At the moment it is not clear if Facebook intends to operate the European service in precisely the same way as the US. The existing Facebook Messenger payment… [Continue Reading]

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