Facebook has accelerated up its eCommerce expansion efforts even as the COVID-19 pandemic has boosted online shopping.
Now, it is launching a new group within the company, Facebook Financial, that will pursue payments and eCommerce opportunities, Bloomberg News reported. The new group will be in charge of all the company’s payments projects — including Facebook Pay, its payments offering that is planned for all of its apps.
https://www.pymnts.com/facebook/2020/facebook-forms-facebook-financial-to-ramp-up-ecommerce-payments-efforts/
Now, it is launching a new group within the company, Facebook Financial, that will pursue payments and eCommerce opportunities, Bloomberg News reported. The new group will be in charge of all the company’s payments projects — including Facebook Pay, its payments offering that is planned for all of its apps.
https://www.pymnts.com/facebook/2020/facebook-forms-facebook-financial-to-ramp-up-ecommerce-payments-efforts/
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