Facebook & JackThreads Partner For Mobile E-Commerce Payments

According to reports, Facebook is offering mobile shoppers the ability to pay with Facebook via their login credentials the same way that users can pay with PayPal, and the pilot program will feature JackThreads. Facebook users often already have credit card details on file with Facebook if they’ve purchased Facebook Credits and Gifts, and those members would be able to use those same stored details to purchase real-world items from mobile apps without having to re-enter credit card information. It would provide Facebook with an immense amount of detail about purchasing habits and e-commerce intent, and would also stack up as a formidable contender to PayPal’s present dominance of the mobile e-commerce market.