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Facebook May Lean on Debit Card Network for Mobile Payments

  • Inc., Wednesday, October 8, 2014 11:50 AM

How much do you trust Facebook? The answer to that question may ultimately decide the fate of the social network's still-in-development payment service. Security and customer data are increasingly important to any small business that deals with consumers and payments. The startup social network Ello, created by entrepreneur Paul Budnitz, is catching fire partly because it does not collect or sell customer information, and its recent rise owes much to customer fatigue with social networking sites that do. 

Read the whole story at Inc. »

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