Facebook gets licence for financial payments service
The tech company applied for the licence more than two years ago
Facebook, the social media giant, has finally secured a licence from the Central Bank to operate a financial payments service.
The tech company applied for the licence more than two years ago and received approval in the last number of weeks, the Central Bank has confirmed.
A subsidiary of the company, Facebook Payments International, has been authorised to act as a payments provider and electronic money issuer, as well as provide credit transfers ...