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.

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.