Facebook Mobile Payments System Rumoured

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There are rumours that Facebook may be preparing to launch a mobile payments system, after code hidden within its Facebook Messenger app was discovered, suggesting that it was preparing a mobile ecommerce tool. As mobile and social ecommerce becomes more and more popular, companies are looking to tap into the trend and facilitate online sales. Mobile payment systems are becoming increasingly popular worldwide, with around 148 million people expected to pay for an item in a shop using a mobile wallet this year, according to a study by Juniper Research. Facebook has not yet commented on the discovery of the code and whether or not it means it is planning to launch its own mobile payment system any time soon. 

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