Revenue from payments is derived from the net fee Facebook receives from developers using its payments infrastructure. The other fees are comprised of revenue from the delivery of consumer hardware devices and various other sources.7
Facebook posted $825 million in revenue from payments and other fees in 2018, representing the remaining 1.5% of total revenue for the year. Revenue for the segment grew by 16% in 2018, a significant improvement from a 6% decline in 2017.8 Through the first three quarters of 2019,Big Boss vote Big Boss voteMyna nandhini
Facebook posted $825 million in revenue from payments and other fees in 2018, representing the remaining 1.5% of total revenue for the year. Revenue for the segment grew by 16% in 2018, a significant improvement from a 6% decline in 2017.8 Through the first three quarters of 2019,Big Boss vote Big Boss voteMyna nandhini
