12 December 2017
visit http://response.ncr.com

ClickandBuy launches P2P payments app for facebook users

18 January 2010  |  9741 views  |  0 Online Buy and sell button

UK e-money institution ClickandBuy is to launch its first person-to-person payment service as a downloadable app for use by facebook friends and developers.

ClickandBuy - which operates an online payment system for Internet merchants - says the new app is geared toward "normal" users and to developers/marketers of apps.

Facebook users can both transfer money - after loading the account beforehand with ClickandBuy - and request money directly from facebook friends. Payments up to EUR50 in euro and dollar currencies will initially be available in the first stage of the roll out.

ClickandBuy CEO Charles Fränkl notes that over 1 billion images and 10 million videos are uploaded to facebook every month - and the general Internet trend continues to evolve in the direction of paid content.

"The monetisation of the Web 2.0 has just started; the significance of social networks continues to grow," he says. "We are making our first person-to-person payment service available to the world's largest social networking community - and others will soon follow."

ClickandBuy broke the EUR1 billion barrier for online payments in 2009 and the system is currently used by 16,000 merchants and 14 million users worldwide. The ten-year old company was awarded an e-money license by the Financial Services Authority in 2006.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Chase philanthropy campaign attracts 1m Facebook users

Chase philanthropy campaign attracts 1m Facebook users

18 December 2009  |  4336 views  |  0 comments
E*Trade offers stock pick status updates for facebook friends

E*Trade offers stock pick status updates for facebook friends

09 December 2009  |  5363 views  |  0 comments
Thomson Reuters looks for Top Traders on facebook

Thomson Reuters looks for Top Traders on facebook

27 November 2009  |  11278 views  |  0 comments
Facebook begins testing virtual payments system

Facebook begins testing virtual payments system

01 June 2009  |  12983 views  |  1 comments
Facebook hit by phishers again

Facebook hit by phishers again

15 May 2009  |  5931 views  |  0 comments
Zuora introduces subscription billing for Facebook apps

Zuora introduces subscription billing for Facebook apps

03 March 2009  |  5187 views  |  0 comments
Fraudsters hijacking Facebook accounts

Fraudsters hijacking Facebook accounts

11 November 2008  |  14194 views  |  0 comments
Pre-paid outfit Mint targets Facebook gamers

Pre-paid outfit Mint targets Facebook gamers

03 September 2008  |  5769 views  |  0 comments
Visa taps Facebook users

Visa taps Facebook users

24 June 2008  |  8066 views  |  0 comments
Facebook users want Web 2.0 banking

Facebook users want Web 2.0 banking

04 June 2008  |  19939 views  |  0 comments
Moneybookers launches online payments application on Facebook

Moneybookers launches online payments application on Facebook

16 May 2008  |  12761 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit http://info.nice.comvisit www.atos.netvisit www.response.ncr.com

Top topics

Most viewed Most shared
Revolut lets customers buy Bitcoin, Litecoin and EthereumRevolut lets customers buy Bitcoin, Liteco...
18955 views comments | 26 tweets | 22 linkedin
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11739 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8525 views comments | 15 tweets | 21 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7021 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6538 views comments | 19 tweets | 11 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job