Facebook Inc (FB) COO Sandberg: No New Payment Services Plans

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Earlier this week, it was reported that Facebook Inc (NASDAQ:FB) was just weeks away from receiving regulatory approval to launch a new e-payment services platform in Ireland. Now in an interview with RTE, COO Sheryl Sandberg downplayed that report.

Facebook Inc (FB) COO Sandberg: No New Payment Services Plans

Sandberg focuses on current payment platform

The Facebook Inc (NASDAQ:FB) executive noted that they already have a payment services platform in place for developers as part of their ecosystem. She also said they don’t have any new plans in this area.

Some have suggested that a payments platform may tie in with WhatsApp, providing a way for Facebook Inc (NASDAQ:FB) to monetize the messaging service, which it acquired this year.

Sandberg promotes her book

Sandberg was in Ireland this week to promote her book Lean-In, which is geared toward women in business and helping them make the most of their careers. She has sold almost 2 million copies of that book around the global, and it has been translated into 30 different languages. Because of her book, readers have set up approximately 16,000 Lean-In circles. The executive also created the Lean-In Foundation, which has just released a new version of the book geared toward graduates.

She urged women to keep pushing for equality at work and noted that they have many barriers to overcome. Some barriers come from employers and men, although she said women also set up their own barriers to success which they must overcome. She also noted structural problems for women in the workforce, like the high costs of paying for childcare.

In addition, she noted that many governments still guarantee maternity leave but not paternity leave. Another problem she spoke about was what happens to women in the workplace, especially when they have children. Her goal is to get more women into leadership positions and to eliminate each of these barriers one at a time. She urged employers to focus on equality for women and set policies in place which are supportive to women, especially while they’re raising children.

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