Facebook has confirmed you will now be able to send
cash to friends through the social network’s Messenger
mobile app.
The new feature lets you add a debit card to the app
and instantly transfer money through conversations.
It works in the same way as you would share a photo
with a friend – making it easy to pay mates for tickets
or contribute towards a group present.
Facebook has explained that it already processes one
million transactions each day through gamers and
advertisers using the social network.
And the company has been quick to address any fears
over security.
“We use secure systems that encrypt the connection
between you and Facebook as well as your card
information when you ask us to store it for you,” the
company states.
“These payment systems are kept in a secured
environment that is separate from other parts of the
Facebook network and that receive additional
monitoring and control. A team of anti-fraud
specialists monitor for suspicious purchase activity to
help keep accounts safe.”
Facebook’s payment system will let you send quick
cash instantly through Messenger
When you’ve added a Visa or MasterCard card to your
account, you will see the option to pay a friend appear
in conversations on Messenger.
At first, the free service will only be available to users
in the US, but it’s likely Facebook will roll it out
globally at a later date.
The service will be available on iOS and Android
devices and also over Facebook’s desktop site.
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