6 New Multibillion Dollar Businesses Facebook Can Bank on


3. Person-to-Person Payments:

The most important thing a company needs to venture into the person to person payment sector is its presence everywhere. There are a lot of companies in the US such as PayPal, Amazon, Chase, Citibank, and American Express that are trying to get a hold of this sector but they all lack in ubiquity. Facebook is probably the only site with its unique position where it is present everywhere. This makes person to person payment sector a win-win situation for Facebook.