Washington: Facebook is gearing up to launch its e-wallet service that lets users store money on their social account to spend across the Web.
Facebook is reportedly waiting to get the regulatory approval in Ireland for the e-wallet service.
Ireland is only weeks away from approving Facebook to handle electronic money or "e- money," that can be used throughout Europe.
This battle to dominate the e-wallet market will include giants like Google, and PayPal, and it will definitely be an interesting and tough competition.
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