Payvment announced the launch of a shop application to be used on Facebook. Payvment is a provider of easy to install shopping cart solutions. These may be used as a complete shop solution to be added to websites or to sell stuff by affiliate programs. Especially the latter makes sense regarding business and social commerce on Facebook.
TechCrunch reports that this application is a result of PayPal being the payment provider used by Payvment and the new API launched by PayPal lately. The application will be introduced at the PayPal Innovate 2009 exhibition early in November. Below is a video introduction to the application.