[thelastidiot]

That's one of the numerous reasons I'll never use fb as a payment or ecommerce platform when they launch these products.

[ams6110]

I doubt other payment or ecommerce platforms are any more secure. Given its size, I assume Facebook has a lot of smart people working on security. And they still screw it up. How are smaller platforms, who can't attract or pay for the very best talent, going to do any better (other than by being smaller targets, I guess)?

[the_narrator]

> I assume Facebook has a lot of smart people working on security.

I am not willing to roll the dice on that assumption.

[ppeetteerr]

A payment company needs to worry about payment. Facebook has a ton of other features, any of which can be a vector for a hack.

[saagarjha]

> How are smaller platforms, who can't attract or pay for the very best talent, going to do any better

Well, they could just not collect as much data?

[greglindahl]

One thing a smaller platform could do to outperform Facebook would be to not collect as much personal info... privacy by design is a thing.

[samat]

Visa and MasterCard seems to handle security ok.

[gyvastis]

You do know that Shopify is owned by Facebook? It's already happening. A lot of custom online shops use this platform to run their business.

[yunyu]

Shopify isn't owned by Facebook.

[Axsuul]

Can you expand more on this?