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by stormbrew 3029 days ago
Wait, why would facebook have CC info? I have never paid facebook for anything (except in terms of ad views), and I'm not even sure what I could pay them for? Posting ads I guess? But that's gonna be not a lot of people.

So if somehow their graph api has pulled up my credit card number into their database, that's the disturbing thing...

3 comments

> Posting ads

Advertisement is Facebook's #1 revenue model, its literally why they exist. I wish everyone who's used FB would sign up for a business page and place an ad; it's illuminating to see just how detailed their tools are.

Same with Google PPC and Bing etc etc.

I shudder to think at just how detailed the profiles are that FB, AMZN et al keep on each of its users.

> Advertisement is Facebook's #1 revenue model, its literally why they exist.

It's how they exist, not why.

I do agree that their data collection is very creepy.

They offer a cash transfer service via Messenger (similar to Apple Pay Cash or Snap Cash where you hand over a debit card and then you can send money to friends).

I believe they also used to have a system (maybe they still do?) where you could buy "Facebook Credits" to use on Facebook platform games, essentially microtransactions.

They also used to have a thing where you could buy, with real money IIRC, little icons for your "friends"; quite some time back I think.
They've had previous monetization methods, as well as submitting donations, sending cash to friends, paying for advertising, etc.