Facebook Hopes Autofill Will Make Online Transactions Faster

The world’s most popular social network, Facebook, has certainly gone beyond what they normally do, as advertising does constitute a sizeable chunk of their revenue these days. Well, this time around, they are sniffing for an alternative source of income, and the folks over at Facebook have decided to introduce Autofill, a mobile payment service that ought to make life easier for its users who happen to have a streak of being a shopaholic within.

Autofill is not some feature that will work in the way which we normally envision it to, for example, when you are typing your name and the full name appears automatically. No sir, Autofill by Facebook intends to make online transactions on mobile devices a whole lot easier and quicker, but there is a catch – the Autofill option can only be accessed via an extremely limited number of Facebook users, with a few selective retailers being made available on its store at the moment. Facebook intends to expand the Autofill option to all Facebook users in due time as long as it becomes more popular. Basically, it is a function that saves your credit or debit card credentials to be linked to your Facebook account for faster verification.

Edwin Kee
Categories: Cellphones
Tags: Facebook