“Payments is part of the vision that I am particularly excited about,” said Zuckerberg during his keynote.
“I believe it should be as easy to send money to someone as it is to send a photo. We’re already testing this in India. We have about a million people. It’s already being used a lot and the feedback so far is great. We’re already working on rolling out in a number of countries later this year.” Said Zuckerberg.
Facebook believes that the future is private and intends to solely build its products with privacy in mind over the next couple of years. Payments is just one of the ways the company is looking to bring this privacy-focused vision to life.
By layering payments on top of private messaging, Facebook will position its products in a much more attractive way to both businesses and individuals looking for more private experiences that offer holistic features. Payments is no doubt at the heart of it.