Facebook Expands Payments Options And Its Obsession With Snapchat
PYMNTS
SEPTEMBER 19, 2016
Challenging competitors, such as Venmo and Square, a model called contextual commerce allows payment transactions to occur while users are engaged in online conversations or content, similar to the model used by Tencent Holdings and the WeChat messaging app. Companies must use either Stripe or PayPal to process payments.
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