The world’s largest social networking forum Facebook has initiated an online shopping facility for its millions of users who will be able now to buy the services and products of their choice by sitting in their offices or bedrooms.
The most marvellous and significant aspect of this project is the option of paying prices in all currencies. By using this facility, a facebook user can pay in his/her own currency for the purchased items.
Another unique feature of the new service is the monthly subscriptions for payments which means that the users will have to pay for just once in a month via their credit or debit cards for the services or products that are entitled to use constantly throughout the month.
Prior to this, the site had its virtual currency named as Facebook Credits that was used to buy games like Farm Ville. But this was not making enough profit for the site organisers.
The facebook shopping facility will be available by the next month. This is going to help all the companies to open up their channels on the site and advertise their offers.
Thus, the facebook payment platform will definitely prove to be a blockbuster success. This will perk up the value of the site’s shares miraculously. Furthermore, this will generate more traffic for the social networking giant. This will also make up the loss caused by the facebook credits.
The new service will be available in mobile apps as well as in PCs. This is going to be a remarkable breakthrough in the cyber world.