Why I�m Banking on Facebook

A new Facebook app launched this week that lets you send small sums of money to friends – the London-based company allows payments to be sent in US dollars or Euros.

Beyond sharing links, photos, videos and status updates, is the exchange of real money a logical next step for Facebook users?

What about Facebook Credits, and the popularity of buying virtual goods within games like FarmVille — do those indicate Facebook’s potential to become a leading online payments provider?

That’s the topic of my CNN column this week.

Check out the column at CNN.com >>

Reviews: Facebook

Tags: cashmore, cnn, facebook, payments, pete cashmore

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