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Facebook Taps Bango for Mobile Payments

Deal will support the social network's push into mobile commerce.

Mobile payments and analytics provider Bango announced an agreement to provide payment services to Facebook.

No details of the deal were shared, and terms were not disclosed.

It’s likely that Facebook will look to U.K.-based Bango to help it make money from mobile apps on its platform, and possibly support a move into e-commerce. Facebook’s designs on mobile payments and e-commerce became apparent last week when it filed its pre-IPO financial statement.

Bango’s technology lets businesses collect payments for apps, content and services via mobile devices. Additionally, its analytics service could allow Facebook to offer more targeted advertising to mobile users.

About the author

Crista Souza
Crista Souza is founding editor of TheOnlineSeller.com. A journalism graduate of San Jose State University, she spent 13 years as a business and technology reporter in Silicon Valley. Crista has been writing about B2C and C2C ecommerce since 2008. Opinions expressed here may not be shared by The Online Seller and/or its principals.



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