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Clubhouse Adds New Digital Payments Option so Creators on Platform Can Generate More Revenue April 7, 2021 @ 11:20 am By Omar Faridi Clubhouse will reportedly be adding a payments option that’s meant to generate more revenue for creators. The company also revealed that it could launch other initiatives in the foreseeable future. The move to add the new payments feature has come at a time when several social media outlets are providing more Fintech-related features as part of their product offering. Clubhouse was introduced last year and has quickly turned into a really popular app used by j...

SOURCE / ECONOMY Facebook’s latest QR code payment tool is too late By Chi Jingyi Published: Apr 07, 2021 08:18 PM A giant digital sign is seen at Facebook's corporate headquarters campus in Menlo Park, California, on October 23, 2019. Photo: AFP Facebook confirmed that it is testing a new Venmo-like QR code for person-to-person payments in the US, media reports said on Tuesday.  However, analysts are mostly pessimistic about Facebook's mobile payment trial, as it is a latecomer in the US market, and the US market lacks sufficient mobile connections. The new feature of Facebook Pay allo...

Clubhouse Payments just fired shots at its big rivals Ewdison Then - Apr 5, 2021, 8:14pm CDT Budding social network Clubhouse is almost in danger of being displaced even before it could get a wider rollout. Its popularity has caught the attention of the likes of Facebook and Twitter who, rather than just gobble up the young network, have started to create their own audio-centric platforms. The competition is forcing Clubhouse to step up its act in return and its latest new feature makes it potentially more profitable, not to mention more enticing for anyone still interestin...

Facebook Pay QR Code to target contactless in-person payments JC Torres - Apr 5, 2021, 9:02pm CDT Facebook’s ambition knows no bounds. Even while its core business is social networking, it isn’t opposed to expanding what constitutes “social” to justify its other endeavors. It acquired Oculus, for example, in order to make virtual reality into a social space and it has set up its own Marketplace to put a social spin on e-commerce. One of its more recent tricks was to make paying a social activity and it’s now expanding that for physical person-to-person money trans...

Facebook confirms ‘test’ of Venmo-like QR codes for person-to-person payments in U.S. Facebook confirms it’s testing a new QR code feature and payment links for use with Facebook Pay to make it easier for people in the U.S. to send or request money from one another. The QR code feature, similar to Venmo’s QR codes and others, will allow a user to scan a friend’s code with their smartphone’s camera to send or request money, while the sharable payment links will let you publish your payment address outside of Facebook itself. The addition was first spotted on Monday by MacRumors, wh...