Facebook Offers Payments Through Messenger

Facebook Offers Payments Through Messenger

Facebook has added one of the most requested features in its Messenger app, peer-to-peer payments to people in the UK and France.

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Facebook has added one of the most requested features in its Messenger app, peer-to-peer payments to people in the UK and France.

As the technology company claims on their blog, it is a convenient and secure way to send and receive money over their messaging app.

“This is the first time Messenger has extended p2p payments since launching in the US in 2015, and since then, p2p payments in Messenger have been widely used to make life more seamless.”, as Facebook writes.

The company elaborates that some recent Messenger research has shown that people often want to express themselves when sending money, like adding comments, emoticons, pictures or GIFs. Following from this, Messenger seems to be the right place to do many of these things. For this reason, the company decides to launch the service in Europe two years after rolling it out to US customers.

The new feature will be available in the coming weeks in the two European countries. However, cross-border payments will not be possible.

According to Facebook, payments in Messenger will be free, fast and secure. Here is how to send and receive money via the app, as explained by Facebook:

  • To send money:

Start a message with a friend

Tap the blue + icon and then tap the green Payments icon

Set up your payment account (only the first time) and then enter the amount you want to send

Tap Pay and then add your debit card

Watch the amount of money you sent rain down on the screen

  • To receive money:

Open the conversation from your friend

Tap Add Card in the message, add your debit card and setup your payment account to accept money for the first time

Facebook is also starting its M suggestions service for payments in the UK and France. The solution is an assistant available in Messenger that is powered by artificial intelligence.

“M, which is completely automated, will recognize when people are discussing payments and gives them the option of easily sending or requesting money.”, as Facebook stated.

Also, the company says that the offering will suggest sending stickers, sharing location, starting a poll or sending birthday wishes.

For more information, watch Facebook`s demo video.

 

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