facebook to be an e- money service provider

facebook is coming up with something new again after purchasing the instant messaging app whatapp, facebook is about to take another huge step which is to join the financial service segment as they are trying to gain approval to facilitate financial service in form of electronic money and remittances according to the financial times

it was said that according to the sources
 involved tn the process, facebook has applied for regulatory approval in Ireland and it is weeks away from getting a licence. This will automatically allow facebook users to store money on facebook and use it to pay others, it would be like a service known as e money