Facebook Payments Up 11 Percent In Q2

Social networking giant Facebook released the results of its second-quarter earnings report on July 24, announcing it earned $214 million in payments and fees, Forbes reported.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    This figure was up 11 percent year-over-year. Mobile ads accounted for 41 percent of the company’s total $656 million in ad revenue for the three-month period.

    For more details on the company’s financial performance, click here