News

US: PayPal unit Braintree now powers Facebook payments

Monday 21 December 2015 09:08 CET | News

PayPal-owned payments company Braintree will power a new service that allows consumers to request and pay for an Uber car-share ride using Facebook Messenger.

Braintrees tokenization technology is underpinning a new tool that allows Facebook Messenger users in the US to order and pay for an Uber taxi from directly within the app. Messenger users will not have to open an Uber account to use the service.

Facebook Messenger has over 700 million users, and there is clearly potential for other third-party services providers or retailers to follow Ubers lead and offer in-app payment services in the future. The new Uber link-up comes as social media companies such as Twitter, Instagram and Pinterest, as well as Facebook, have been introducing buy buttons on their platforms to cater for consumers impulse purchases.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Facebook Messenger, in-app payments, PayPal, Braintree, Uber, tokenization
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce