FB social networking service providers Payvment closed team was acquired


January 29th news, according to foreign media reports, announced that it will close to help businesses in the sales of goods Facebook platform business service website Payvment, it is reported that the company has been the acquisition of financial software developer Intuit.

Payvment issued a notice on the website, said the team will join a new company, business service platform will cease operation in February 28th, users are advised to transfer to another social electricity supplier service provider Ecwid, the website now has about 200000 sellers, related application software and Payvment are similar.

Intuite confirmed that it has acquired Payvment’s technical team.

it is reported that Payvment currently has a number of businesses to 17.5, an increase of about 1500 per week. Payvment also operates advertising buying business to help merchants purchase Facebook ads.

is still not clear why Intuite is not willing to take over social networking business.

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