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Facebook India Set To Turn Into An E-Commerce Platform; Partners With Citrus Pay

Facebook is all set to widen its scope and turn into an e-commerce platform and not just a social networking platform.

To attain this, the social networking giant has partnered with Citrus Pay or cards and net banking transactions. Currently, Facebook accepts payments only for games.

At the international level, Facebook is now also allowing retailers to open online shops in the form of Facebook pages. The company is also building fund transfer functionality into Facebook Messenger. Clicking on the purchase button for games now opens up CitrusPay’s local payment gateway.

[source]

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