According to a new report from TechCrunch Facebook wants to further expand Instagram's trading features.
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TechCrunch citing findings from Jane Manchun Wong, ] Who discovered code and images in the Instagram app as hints on Fundraise support. Essentially, users will be able to search for an ideal and add it to their story. From there, other users can donate through the person's history.
In a statement, Instagram confirmed that it is testing the feature and said it hopes to bring it to all users "later this year."
"We are in early stages and are working hard to bring this experience to our community. Instagram is about bringing you closer to the people and things you love, and a great deal of it is supporting and bringing awareness to meaningful communities and Later this year, people will be able to raise money and help support nonprofits that are important to them through a donation stamp in Instagram Stories, and we are happy to bring this experience to our community and share more updates in the coming months . "
This feature is similar to Facebook's Donate functionality, which has helped raise $ 1 billion for non-profit organizations. As TechCrunch points out here, such donation features require users to enter their credit card details. This means that by adding a Fundraiser feature to Instagram, Facebook will access millions of credit card numbers that can be used for other trading features.
Would you be willing to transfer your credit card information to Instagram for donation features? Please let us know in the comments.
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