Facebook Autofill Wants To Store Users' Credit Card Info

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."

Comments

I don't even trust them with my real birthdate

[Snowhare]

Why would I trust them with anything else?

wow.

[intermodal]

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."

Re:wow.

[houghi]

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.

Awfully hard to trust Facebook

[rubmytummy]

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.