Forbes -
24 Mar 2015 19:41
We believe the revenue impact from transaction fees on payments could be limited in the long term. This is because payments are generally free on apps including Venmo, with a small fee attached to transactions through credit cards and non-major debit cards. Nonetheless, the feature could help strengthen engagement and advertising business on the platform, in our view. Holding payment details for millions of users, could potentially lead to conclusion of sales on Facebook's platform itself, and t...
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