Report: Facebook Planning E-Money Service in Ireland
 

Report: Facebook Planning E-Money Service in Ireland
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Facebook is moving closer to becoming more of a checkbook, at least according to one report.

The Financial Times reports that Facebook is "weeks away" from gaining regulatory approval in Ireland for a service in which users can store money on the social network and transfer funds to one a**ther.

See also: Facebook in 2014: Fighting for Social Supremacy


The electronic money service would work throughout Europe, according to the report. Facebook is also looking to partner with several startups for international money transfers online.

Reps for Facebook did **t immediately respond to our request for comment Read more...

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