Facebook Messenger reached 1⃣ billion users in July, up from 700 million users since last year.
On Monday, Facebook revealed updates which will incorporate several chat bots & voice interfaces.
The chat bots will also support native in-app payments. Voice capabilities will also be added soon as there are already 300 million people using radio & video calling features on Messenger every month.
FB is working with PayPal, Stripe, Visa, MasterCard & all the other bigshots in the payments industry to develop the bot.
Messenger isn’t focused on monetization & doesn’t generate revenue for Facebook.
FB’s vice president of messaging David Marcus said, “What we want to do here is build an ecosystem & bring a lot of developers to the platform. It’s not easy & it takes time. It (bots) got overhyped very quickly.”