Facebook all set to take down Paypal in eCommerce race.

It seems like Mark Zuckerberg is determined to make his mark in the entire social engineering domain. Facebook is testing the new eCommerce app competing with Paypal. The app will allow you to pay just by using your Facebook log in credentials. Shocked?

This app is under testing and is expected to hit the market next month. To use this app, you need to store your credit card information on Facebook, and whenever required, you can use Facebook credentials to check-out your cart. This will help you to avoid giving your credit card details to every place you try to buy something. Facebook has acknowledged this information to AllthingsD.

Facebook Testing Out PayPal Competitor to Simplify Mobile Checkout - Jason Del Rey and Mike Isaac - Commerce - AllThingsD

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