Facebook Messenger Preps for In-App Purchases

Facebook Messenger (NASDAQ:FB) is gearing up to include in-app purchases in the near future..

Facebook MessengerThe chatting service recently added a secret basketball arcade game in its bid to ramp up the capabilities included in Facebook Messenger. Soon, the social media site will also include features and services that you can pay for.

The company is adding a feature to the code for the Facebook Messenger iOS app that allows you to pay for goods. The app will soon offer competition for mobile payment services such as Apple Pay and Android Pay.

Facebook also announced that a “secret conversations” tool may also be happening soon, suggesting that encrypted chats may be on the horizon.

FB stock is up 0.6% Monday.

More From InvestorPlace

Article printed from InvestorPlace Media, https://investorplace.com/2016/03/facebook-messenger-fb-stock-6/.

©2022 InvestorPlace Media, LLC