Author: Stephen

Facebook Messenger may soon become a mobile payments platform

Code discovered in Messenger app hints at mobile commerce functionality

Facebook Messenger may soon become a hub for mobile payments. Code hidden within the application itself hints that Facebook may choose to make the app a mobile commerce tool, contrary to what the company had said in the past. Facebook has shown strong interest in mobile commerce, but had not intended to make the Messenger app into a new payment platform, opting instead to focus on other solutions. This may be changing, however, as Facebook begins to feel the need to compete with other companies in the mobile commerce space.

Facebook had been relatively disinterested in mobile payments in the past

Mark Zuckerberg, founder of Facebook, had claimed that the company was not looking to break into the mobile commerce space in any considerable way. This is contrary to what the company has been dowing in the recent past, however, as Facebook has been making it possible for businesses to connect with consumers more dynamically and making it easier for consumers to purchase products online. Like other companies, Facebook has shown interest in the concept of social commerce, which involves consumers using social media sites to shop for and purchase products.

Social media companies are becoming more involved in mobile commerce

Facebook Mobile PaymentsThe company is not the only one within the social media space that is interested in mobile payments. Twitter, Pinterest, and several other companies have also begun breaking into the mobile commerce market. This market is quite competitive due to the numerous companies that have broken into the sector. Retailers are becoming very eager to embrace mobile shoppers, however, which is forcing social media companies to support mobile payments in order to better serve retailers using their services.

New features may be coming to Facebook Messenger

There are other features coming to Facebook Messenger as well, including a feature that could allow consumers to have “secret conversations.” This could operate in the same way as the “incognito” mode on web browsers, which prevents them from recording browsing history. Facebook has not yet commented on the discovery of the code within the Messenger app, but it may indicate that the company is beginning to grow more aggressive in the mobile commerce space.

Sony to launch new development studio focused on mobile games

Sony is beginning to take mobile gaming more seriously

Sony is taking another step into the mobile games space with the formation of ForwardWorks, a first-party development studio focused on the mobile space. The new developer will work exclusively on creating games for mobile consumption. ForwardWorks will be based in Tokyo, Japan, which has become one of the largest and most lucrative markets in mobile gaming, and will be a wholly-owned Sony subsidiary. Backed by Sony, ForwardWorks may develop games that are based on franchises that exist in Sony’s portfolio.

Consumers want developers to move away from dubious microtransaction model

What games ForwardWorks will be developing specifically is not yet known. Some consumers have expressed hope that the developer will shy away from conventional business practices in the mobile gaming space, such as microtransactions. In-game purchases are quite popular among gamers, but they still take issue with the fact that they can play a game for free but have to pay for additional content. Consumers have taken issue with microtransactions because they effectively gate content, preventing people from playing supposedly free games without spending money. Microtransactions also provide some players with in-game advantages over others, which many people consider to be unfair.

Mobile gaming market continues to expand, reaching $25 billion in revenue last year

Sony and Mobile GamesThe mobile gaming space is growing quickly. The mobile space is now the largest gaming segment overall, having generating $25 billion in revenue in 2015. This has made the mobile space very attractive to companies like Sony, who have a longstanding position within the game industry. These companies had traditionally focused on traditional gaming, either through game consoles or computers, but the advent of mobile technology has forced these developers to shift their focus.

Sony to continue focusing on console and PC games, but will support the mobile space

Sony will not abandon the traditional gaming space, but will be showing more support for mobile games in the future. ForwardWorks will face strong competition from various other developers that have already established a foothold in the mobile space, but the developer may find success by leveraging the power of Sony’s existing intellectual properties.