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The ability to send cash quickly and easily has seen a boom in recent months. Aside from mobile wallet services like Square Cash or Google Wallet, we’re now seeing it creep into messaging services like Snapchat and today, Facebook.
Using Facebook on the desktop or Messenger for Android and iOS, users in the US will now be able to send money to friends or loved ones inside as easily as sending a text message. Facebook decided to go with debit cards — for both sending and receiving (after creating a PIN) — so that users can avoid those transaction fees. Free is good. As usual, money being transferred is nearly instant, taking a few business days depending on your bank of choice.
We know, Facebook already knows just about everything about you and providing them with your credit card info may not sound like the best idea to some folks. In their announcement post, Facebook reminds users they have been processing payments for gamers and advertisers since ’07. In other words — they know what they’re doing.
Send Money to Friends in Messenger on Vimeo
My favorite part of this article is how the concept work is shown on an iPhone
Maybe an Android version wasn’t available. You know how iOS is favored often when it comes to showcasing certain new updates to major apps.
I’m sure that is the case but that is also why I find it funny.
It’s actually a Galaxy S7.. *ducks*
So, they took away the ability to send gift cards and now you can send money instead? Lame.
I will not update my messenger app. So yeah Thank you
Bitcoin?!
I’m going to download to give it a try
No thanks I prefer to use the app of my bank.