Facebook to Test Mobile Payment Feature

Photo Credit: BBC News

Photo Credit: BBC News

Facebook, the world's largest social networking company, is planning to test a new mobile payment feature.

It will use payment details added by users to their Facebook account to automatically fill in forms when they make purchases on mobile applications.

Various companies have been looking to tap into mobile payments markets.

However, Facebook said the feature would not involve moving the payment processing away from an app's current service provider. Read More