Facebook Said to Win Patent for P2P Payments: AFR

The video discusses Facebook's plans to introduce peer-to-peer payments via its messenger service, focusing on the Australian market due to its advanced payment technology and consumer adoption. It highlights the challenges of monetizing person-to-person payments and compares global systems like Venmo in the US. Facebook aims to keep users engaged on its platform by facilitating transactions.

What challenges does Facebook face in making money from person-to-person payments?

How does the payment system in the US differ from that in Australia according to the discussion?