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Facebook Autofill Wants To Store Users' Credit Card Info

Posted by Unknown on from the amazon-probably-patented-this dept.

cagraham writes "Facebook has teamed up with payment processors PayPal, Braintree, and Stripe, in an attempt to simplify mobile payments. The system allows Facebook members (who have turned over their credit and billing info) to click a 'Autofill with Facebook' button when checking-out on a mobile app. Facebook will then verify the details, and securely transfer a user's info over to the payment processing company. The move is likely aimed at gathering more data on user behavior, which can be used to increase the prices Facebook charges for mobile ads. Whether or not the feature takes off however, will depend almost entirely on how willing users are to trust Facebook with their credit card data."

7 of 123 comments (clear)

  1. I don't even trust them with my real birthdate by Snowhare · · Score: 5, Insightful

    Why would I trust them with anything else?

    1. Re:I don't even trust them with my real birthdate by Saethan · · Score: 3, Insightful

      This is one reason why I still use a local bank. I can walk to their headquarters and file a complaint in person and actually get to talk to somebody face-to-face. Though the few charge-backs I've had to do a simple online ticket has resolved my issues.

    2. Re:I don't even trust them with my real birthdate by CrimsonAvenger · · Score: 1, Insightful

      But the mindless hoards out there

      "Hordes".

      You don't separate yourself well from that "mindless" adjective when you don't know the difference between "hordes" and "hoards".

      --

      "I do not agree with what you say, but I will defend to the death your right to say it"
  2. wow. by intermodal · · Score: 5, Insightful

    It's as if they're honestly trying to get everyone to delete their facebook account. I've been considering it almost daily for the past couple years, definitely more in the past several months. The only thing keeping me on there is how much of my family resides far from my current location.

    Kind of makes you wonder, "How much do I really like my cousins?" I'm very close to saying, "Not enough to keep this account."

    --
    In SOVIET RUSSIA... erm...NSA AMERICA, the Internet logs onto YOU!
    1. Re:wow. by houghi · · Score: 5, Insightful

      OK, so you want to be in contact with other people.

      Do they have an email account? Do they have a phone? Do they have an address? In that case you can email, phone or write them.
      So you keeping contact with them is not an issue.

      What might happen is that they do not write back, do not phone back or come up with reasons why you can't visit.

      So the REAL question is: can you handle the chance that THEY have no real interest in you.

      --
      Don't fight for your country, if your country does not fight for you.
    2. Re:wow. by intermodal · · Score: 3, Insightful

      I didn't keep in close touch before Facebook, and I have no reason to suspect that I would in a post-Facebook life. I like knowing what my relatives are up to, but I don't actually care what they are up to. It's a subtle difference, but the difference is definitely there.

      --
      In SOVIET RUSSIA... erm...NSA AMERICA, the Internet logs onto YOU!
  3. Awfully hard to trust Facebook by rubmytummy · · Score: 5, Insightful

    Given the deep contempt that Facebook demonstrates toward even the idea of personal privacy, I don't think I would want to trust them with my credit cards.