PayPal, Stripe, and Braintree are now “in” as Facebook Autofill payment options on apps. This is great news for those companies… for now. Many expect that Facebook will remove the need for an overlay on their payment platform to cut back on costs and keep as much of it for themselves, but for now, it’s going to be a good ride for the beneficiaries.
Facebook wants to put an end to typing billing details on the small screen, help developers and payment processors earn more money, and prove that its app install ads make money for e-commerce companies. So today it’s rolling out last month’s test of “Autofill With Facebook” in partnership with PayPal, Stripe, and Braintree to two e-commerce apps, JackThreads and Mosaic, with more to come.
