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Facebook Businesses The Almighty Buck

Paying Through Facebook May Become a Reality 122

SmartAboutThings writes "A recent story at the NY Times talks about a possible partnership between Facebook and mobile billing company Bango. 'You might want to buy a game or concert tickets or an astrological forecast. Careful where your fingers go. One tap, and a charge will show up on your phone bill. "Frictionless" payment is how Bango puts it. Bango will get a cut of each click; it declined to say how much.' Assuming this doesn't remain a rumor, then quite soon we might be able to pay for goods using our Facebook accounts. Could this help Facebook regain the lost trust for their investors?"
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Paying Through Facebook May Become a Reality

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  • First? (Score:5, Insightful)

    by Cutting_Crew ( 708624 ) on Friday August 24, 2012 @09:37AM (#41108403)
    note to self - never ever ever download the facebook app for my phone.
  • by wcrowe ( 94389 ) on Friday August 24, 2012 @09:38AM (#41108421)

    Great. Then FB will broadcast to all your friends what it is you just bought. Glad I left over a year ago.

  • by PSVMOrnot ( 885854 ) on Friday August 24, 2012 @09:40AM (#41108459)

    Yet another reason why I don't trust Facebook, Google, or any other of these sorts of company with my mobile number.

    If I want to buy something I'll take out my credit card tap in all the numbers and buy it. At least that way I *know* that I'm buying something, and I'm not nastily surprised when my mobile bill is huge after hitting the wrong button when my touchscreen plays up.

  • by gstoddart ( 321705 ) on Friday August 24, 2012 @09:50AM (#41108613) Homepage

    Could this help Facebook regain the lost trust for their investors?

    Only if they can gain the trust of a fair amount of users.

    I use Facebook, but under a fake name with as little personal information as I can give them. There's no way I'd trust Facebook with financial information.

    I've no doubt that at least some users will think this is grand, but there's no way I'd ever use this. Their level of trust from me is arms length and suspicious.

  • by dkleinsc ( 563838 ) on Friday August 24, 2012 @09:53AM (#41108645) Homepage

    The goal here is to make payment so easy that you don't have the time to reconsider the purchase decision while, for instance, you're pulling out your wallet to get out your credit card. These are people that firmly believe that the way to make the world a better place is to make it easier for them to buy stuff whether or not it is of any use to them whatsoever. I know, because I've attended one of the major conferences in the industry and met some of these folks and listened to their talks about this sort of technology.

    And of course, what makes it easy for a legitimate business to take your money also makes it easy for a not-so-legitimate business or a thief to take your money.

  • Re:First? (Score:4, Insightful)

    by Mitreya ( 579078 ) <[moc.liamg] [ta] [ayertim]> on Friday August 24, 2012 @09:54AM (#41108667)

    note to self - never ever ever download the facebook app for my phone.

    Anyone who hasn't learned that lesson after the FB app had helpfully "updated" all of their contacts wiping out original emails... will not learn it now.

  • Seriosuly... (Score:5, Insightful)

    by ericloewe ( 2129490 ) on Friday August 24, 2012 @09:57AM (#41108701)

    The last thing we need is for Facebook to trick people into making it powerful in a whole new way.

  • Re:Right (Score:4, Insightful)

    by Anonymous Coward on Friday August 24, 2012 @10:19AM (#41109047)

    But most people won't see it this way.

    If you haven't noticed then I hate to break it to you. But most people are effectively stupid. Oh, they can think and can even pay attention if they really, really feel like they have to. But most of the time they don't. They're normally too self-absorbed and therefore oblivious. And they don't view actual thought and decision-making as privileges to be enjoyed - they see them as horrible burdens to be neglected whenever possible. It's why we have the kind of gov't we have (increasingly out of control). It's why there is Facebook.

    Most people will see it as a simpler way to spend what little money they have (at this stage in the game, is an EASIER way to spend money what young people need?)

    Consider this next move a sort of IQ (or EQ) test. If you never made a Facebook account, congratulations. You are beyond the test. If you made one sometime ago but stopped using it, again congratulations, everyone makes a mistake once in a while, it's part of being human. If you still have an active Facebook account, that's strike one. If you use that active account to purchase items, knowing everything we know about this company's founder and its business practices, well that's strike two.

    If you see us questioning them and you disagree, and your first response is anger/irritation/taking it personally/resentment, instead of explaining why you think we in this thread are wrong, well that's strike three. That's FAIL. You fail the IQ test. Your conversion is now complete: you are now defending and making apology for the parasite that is feeding off your life. You see the same pattern with most extreme forms of religions and fanboyisms and pretty much anything that makes no rational sense.

  • Re:First? (Score:5, Insightful)

    by ciderbrew ( 1860166 ) on Friday August 24, 2012 @10:25AM (#41109117)
    Learned that the hard way. Not even twitter makes it to my phone. Only use crap web sites versions for most things now.
    So many things want to know your location, contacts, ect.. When they don't need to. Sad time for computing.
  • Re:Right (Score:5, Insightful)

    by causality ( 777677 ) on Friday August 24, 2012 @11:10AM (#41109863)

    I understand the dislike, distrust and sometimes even hatred of things like facebook, but assuming that anyone with an active facebook account isn't aware of the issues seems to be a common mistake around here.

    Thinking that you can play footsies with the Devil and never ever get burned is another very common mistake.

    Or saying that you have a set of principles by which you recognize certain companies' behavior as evil, exploitative, maladaptive, undesirable, etc ... and then participating in those companies' offerings anyway, well that's another all-too-common mistake. It always seems like your own individual contribution is a tiny drop in a big bucket, but then masses of people make this mistake and it really matters.

    I still choose to use it, because it's a good way to keep in touch with my many friends around the world; post pictures of my daughter growing up for anyone who cares to see that; organise events with friends in an easy to manage interface; and so on. I do block pretty much every game, "application" and so on and it's almost beyond the pale to imagine I would ever consider using such a payment system as the one described; however that doesn't mean I have to get rid of using facebook altogether - just don't use what you don't want (and remember the thing about scrawling your information in public, as already mentioned).

    What "I don't want" is to ever make more successful a company that does business this way. What "I don't want" is to ever feel like no one ever had any way to keep in touch before the advent of Facebook. What I especially "don't want" is to promote the kind of culture surrounding Facebook. Joining them would be the same as giving my silent consent. In most relationships of abuse and exploitation, what you describe above is called being an enabler. You see, it's not a matter of features.

    There is no convenience Facebook could ever offer me that would convince me to overlook their attitude towards their users. It is definitely not an attitude of respect and appreciation. It's more like the attitude a farmer has towards his livestock. That's simply unacceptable to me under any terms. I don't care to make a game of being the cow or chicken and seeing how much feed I can get out of the farmer while trying to avoid the privacy slaughterhouse. I probably could win such a game, like you are doing, but then I can definitely get my own feed. I'd rather simply have nothing to do with Facebook, have never once had an account, never visited the site, block their "Like buttons" etc, and I have never once regretted that decision.

    Imagine if every user who felt the way you do decided not to use Facebook. It would create demand for a more reasonable social network. Right now starting one would fail because everyone is already on Facebook, and much of the utility of such a site is the number of people you can reach with it. Even a giant like Google is having grave difficulty getting an alternative off the ground, and most startups wouldn't have Google's deep pockets and name recognition.

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