Facebook Seeks Approval For European E-Money Service

By | April 14, 2014

Scalper1 News

Facebook (FB) is close to receiving regulatory approval from Ireland’s central bank for a service that would let users process money transfers and payments throughout Europe, according to a report in Financial Times. The British newspaper said Facebook is “weeks away” from receiving approval to become an “e-money” institution that would enable users to store money on the social network and use it to pay and exchange money with other members in Scalper1 News

Scalper1 News