Facebook Works to Ease Mobile Web Development, E-Payments

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Barbara Krafte
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Re: Facebook Payments
Barbara Krafte   2/29/2012 11:47:59 PM
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@magneticnorth -

Amazon has quietly and methodically developed a strategy that has set the bar very high.

 

magneticnorth
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Re: Facebook Payments
magneticnorth   2/29/2012 10:35:42 PM
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Your Gen 4 looks a lot like the direction Amazon has taken. In addition selling "stuff" they offer a large number of services across channels [very smart]. The have quite a bit vested in alliances and partnerships as well, so they're revenue streams are broad and deep.

I do admire Amazon for their business smarts. The traditional strategist might think that the brand loses its focus by going into all sorts of things: logistics, payment processing, online storage, etc., but all it's really doing is maximizing its assets. Amazon might not sound as exciting as Google and Facebook, but they sure do good business.

cvargas
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HTML5/CSS3 Apps
cvargas   2/29/2012 4:50:38 PM
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With the release and adoption of HTLM5 and CSS3, many developers are still in the process of understanding the functionality that HTML5 brings to the mobile platform.  Because of the ability of HTML5 to actually make system calls to the hardware of mobile devices it is uniquely able to solve many of the problems that mobile app developers are facing today.

Here's the hitch...

HTML5 integration to hardware is device/component specific.  For example, with one mobile device having one GPS chip over another could in fact cause the HTML5 mobile app not to function properly.  But the potential is there for sure to overcome these issues.  

If they can integrate to the device level in their programming code, this can (and probably will) solve many issues around development and make items such as E-Payments even easier to deal with too.

smkinoshita
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What about security??
smkinoshita   2/29/2012 4:18:52 PM
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I understand that this represents a pretty significant leap forward in terms of actually getting business done, but am I the only one here freaking out at the thought of Facebook handling peoples' money the same way it handles their privacy?

I really can't say I feel comfortable with doing transactions with Facebook.  Not so much with advertising since a screw-up there would have a lot of bigger boys jumping on them first, but B2B via Facebook?  Sets off all my alarm bells.

tinym
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Re: Facebook Payments
tinym   2/29/2012 2:52:54 PM
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I have general trust issues with Facebook so handing over payment details for processing isn't something I would consider.

kicheko
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Re: Facebook Payments
kicheko   2/29/2012 2:44:40 PM
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Mitch - Google actually does payment processing already!....i didn't do my research there, my bad. Interesting that being a google product its not so spoken about like paypal and the other big ones.

Barbara Krafte
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Re: Facebook Payments
Barbara Krafte   2/29/2012 1:00:52 PM
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Mitch Wagner - 

Your Gen 4 looks a lot like the direction Amazon has taken. In addition selling "stuff" they offer a large number of services across channels [very smart]. The have quite a bit vested in alliances and partnerships as well, so they're revenue streams are broad and deep.

Although I agree with your points about conflicts using the advertising model, it's too rich for most to walk away from - even in the longer term. Facebook without advertising? Don't think so.

 

 

 

 

Mitch Wagner
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Re: Facebook Payments
Mitch Wagner   2/29/2012 11:42:26 AM
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@kicheko - Doesn't Google already do payment processing with Google Wallet?

kicheko
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Re: Facebook Payments
kicheko   2/29/2012 5:52:39 AM
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Magneticnorth, - I really would like to hope google does not venture into payment gateway business unless maybe something in-house for their own products. They'd be casting their net too wide and attempting to be in everything. I doubt that is a good thing for business reputation, neither do i know of another case where it has worked well.

magneticnorth
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Re: Facebook Payments
magneticnorth   2/29/2012 4:12:49 AM
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it's services, not advertising, that poses the greatest upside opportunities for revenue, leadership, and longevity. It's about time smart companies stopped using advertising as the default revenue source and became creative in developing breakthrough strategies with far greater implications.

I know we're talking about Facebook, but this point got me thinking about how Google could make the switch. In your opinion, what service(s) should Google make more money off of?

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