Facebook, the worlds largest social media company, is rumored to be working on a messengar app. This was discovered recently when code from software was extracted from Messengar for the iphone and reported by The Information.
It found that commands that were enbedded within hinted at secret chats that are sinilar in style to that Whatsapp offers. Facebook owns Whatapps and other reported referances apparently found code relating to pay services whn sleecting items, however Facebook has long taken the positon that it intends to develope its own support system for a messaging app of its own. It only makes logical sense that it will be similar in design to that of Whatsapp.
The reported mobile pay aspect of things is credable but it is unclear whether Facebook intends to try to compete with the Apple Pay or Android Pay services or if it intends to simply piggy back those. This of course would require a far reduced investment on thier part and reduce the risk involved let alone removeal of the time and complexity of creating partnerships with fiancial companies.
Facebook contends that they have no intention of directly getting involved in the payment business however would be willnig to consider stratic partnerships with other companies that are cirrently in this market. CEO Mark Zuckerberg stated ina recent conference call “On payments, the basic strategy that we have is to make it, especially in a product like Messenger that, where the business interaction may be a bit more transactional, to take all the friction out of making the transactions that you need. So we don’t view ourselves as a payments business. That’s not the type of company that we are. We’ll partner with everyone who does payments,” Zuckerberg added.
It was also reported that some of the possible additions could include delivery and shopping features, and the option to synchronize calendars allowing users the abilityto update lists, carry out article sharing and show status updates