Facebook is launching a new payments feature that will let you quickly charge items to your credit card while shopping on your smartphone. This feature is called “Autofill With Facebook.” The feature started rolling out to a small group of users yesterday.
This feature will let a retail’s mobile app automatically fill in credit card information using a drop-down menu if the credit card information is stored on Facebook. This is not an addition to Facebook’s mobile app, but is simply a feature that retail stores and app developers can integrate into their own apps.
“Autofill With Facebook” will work with PayPal, Braintree, and Stripe. This feature simply makes it easier to shop using a smartphone because small screens makes it harder to enter credit card information.
Here is a statement that Facebook made about the service:
“We are working on a mobile payments test called Autofill with Facebook that gives people the option to use their payment information already stored on Facebook to populate the payment form when they make a purchase in a mobile app. The app then processes and completes the payment. The test is designed to make it easier and faster for people to make a purchase in a mobile app by simply pre-populating your payment information. Today we started publicly testing Autofill with Facebook on two iOS apps ? JackThread and Mosaic. These integrations will start slowly rolling out to people this week.”
[Source: Seattle Pi]