Would you recommend Facebook Pay to a friend?
@pzakin @brachowinFrom @rrhoover Seems like comfortably getting people to enter CC's is the goal, and later be able to frictionlessly purchase something else. Nothing more comfortable than entering a card # b/c you want to send a friend money. Doubt charging per trans is going to be their thing.
@mulligan I'm not sure how trustworthy Facebook is for most people. While they've made mistakes here in the past, are they really perceived as less secure or ethical than lesser known brands like Snapchat, Square, or some new startup that asks for our credit card info?
@rrhoover @mulligan By the way Venmo is used fairly often outside of SV, I go to school in upstate NY and it is the de facto standard for money exchanges not in cash. I do think however that Facebook will be able to change this. Younger kids (teens to early 20's) don't have the same worries that others do about credit card numbers, to them its sort of the same as sharing an email address.
Millions of currently unbanked people worldwide will now be able to send money around. Starting with peers, later to businesses. Being able to use identity & payments is an essential component to participate in society. Very exciting move!
Jesse Boyes@jexe · Cofounder, Dasher!
This is awesome. We dropped Venmo payments into chat on Dasher not too long ago, and it brings about all kinds of surprising behavior. - Making it frictionless to make small payments in messaging has started people paying each-other a penny or two for having a great hair day, or reporting a bug, etc. Maybe the first actual micropayments scenario I've seen work out. - Just last week, two companies that I know of were seed funded over Dasher (!!!) after chatting through a pitch. So much interesting behavior is emerging. Pretty excited to see where this goes with an audience like Facebook's.