Facebook, CEO Mark Zuckerberg wants to send money on Facebook as easily as sending a picture.



After posting the nomination as the world's largest online bank by creating digital money on Facebook, CEO Mark Zuckerberg claims that he wants to send money on Facebook as easily as sending a picture.

 In this project, Facebook is working with some online payment companies and financial institutions to penetrate its own book market. In that, Facebook may invest $ 1 billion or more to run digital money projects, as well as reduce the size of digital hard disk drives, such as Bitcoin, and make lower payment payments Via Visa card or Master Card.

 At this week's F8 conference, Mark pointed out that Facebook's next goal not only enhanced communication between people, but Facebook would also include enhanced financial services on the platform. "I'm convinced that everyone can easily send money to someone like you," said Facebook CEO.

 The billing process will be launched on Messenger, accompanied by the latest features on Facebook's affiliate platform, such as the Digital Mall on Instagram and WhatsApp's listing functionality. Not only wanting to facilitate cross-border payment online, but to withstand the impact of its competitor, Telegram. The NYT newspaper reports that Facebook has started the project since last year after Telegram invested $ 1.7 billion in the same digital money cycle.

 Article by: Hout Sotheara

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