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Comments on “Facebook Pay”
Posts » Facebook Pay » Comments » Comment
Brenden Mulligan@mulligan · Founder, LaunchKit & Cluster
i think this makes a TON of sense for FB. Square Cash is one of my favorite products and everyone outside of SV that i introduce it to is amazed how simple it is. But it's just not spreading. Venmo is unknown outside of SV, even though it's a great product. (EDIT: I should have said "Venmo isn't widely known, especially outside of tech heavy cities. Facebook… See more
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Ryan Hoover@rrhoover · Founder, Product Hunt
@mulligan I'm not sure how trustworthy Facebook is for most people. While they've made mistakes here in the past, are they really perceived as less secure or ethical than lesser known brands like Snapchat, Square, or some new startup that asks for our credit card info?
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Matt Hamlin@immatthamlin · Web Developer at Wayfair
@rrhoover @mulligan By the way Venmo is used fairly often outside of SV, I go to school in upstate NY and it is the de facto standard for money exchanges not in cash. I do think however that Facebook will be able to change this. Younger kids (teens to early 20's) don't have the same worries that others do about credit card numbers, to them its sort of the s… See more
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Tiffany Zhong@tzhongg · something new! @BinaryCap @ProductHunt
@rrhoover @mulligan Yeah, my friends are like what is venmo, and are too lazy to set it up after I tell them what it is; whereas for FB Pay, it's already built on top of a platform many people use daily :)
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