Facebook Rings Up Peer-to-Peer Payments In Messenger
Mar 17, 2015, 2:09 PM by Eric M. Zeman
Facebook today introduced a way for people to send money to one another through its Messenger application. Users will need to add a Visa or MasterCard debit to their Facebook account, after which they'll be able to send money to friends or family. According to Facebook, payments are processed immediately on the sending side, but may take a day or two to process on the receiving side depending on individual bank policies. Sending money is free of transaction charges. Facebook says users can set up PINs to protect the service, and Apple device owners will be able to use TouchID to secure it. Sending money is possible from the Android, iOS, and web versions of Messenger.
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