Facebook Is Partnering With Stripe to Power ‘Buy’ Button

Facebook first began testing a ‘Buy’ button within the News Feed in July, and payments startup Stripe has been tasked with powering the technology, Re/code has learned.
The ‘Buy’ button, which allows Facebook users to purchase goods that are featured in ads or posts on the social network, is still in its test phase, but multiple sources said Stripe’s technology was supporting the button. A Facebook spokesperson confirmed Thursday that Stripe is the sole Facebook payments partner behind the test.
A spokesperson for Stripe declined to comment.
Update 5:08 pm ET: The Stripe spokesperson has now confirmed the company’s partnership with Facebook.

This post was published at Recode on September 25, 2014.