With ads out of the picture, here's how Facebook will monetize WhatsApp

There are many different kinds of mobile payment services available depending on the phone in a user's hand. There is Apple Pay, Google Pay, Samsung Pay, and LG Pay just to name a few. And these create streams of cash for the companies providing this service. For example, Apple earns .15% of the amount of each transaction where Apple Pay is used. For example, if you use Apple Pay to cover a $200 purchase, Apple receives 30 cents. While that doesn't sound like a lot of money, Apple has been averaging over 11 million Apple Pay transactions per day.

The promise of getting ...

Saturday, 1 February 2020 GSM ARENA GSMArena.com