Facebook Messenger now sends money via PayPal

The service will begin to roll out to customers in the United States starting today


Benjamin Tan

21 Oct, 2017

Facebook Messenger now sends money via PayPal | BEAMSTART News

- From our Sponsors -

PayPal peer-to-peer (P2P) payments can now be sent in Facebook Messenger. The service will begin to roll out to customers in the United States starting today, PayPal COO Bill Ready said in this morning’s blog post.

Payments can be made with Facebook chat extensions, a feature brought to Messenger earlier this year.

“When composing a message in Messenger with one person, or even a group, people can tap on the blue plus icon, and then select the green Payments button to quickly send or request money,” Ready said. “People can then choose PayPal as their funding source when making a P2P payment with their Messenger contacts.”

Related: Create awareness & reach out to more people  

PayPal also today launched a customer service Messenger bot for help with their account or to challenge payments or account activity.

This year, PayPal has also launched a P2P bot for payments on Slack and struck partnerships with Mastercard, Visa, Vodafone, and Alibaba.

Today’s news continues the progression of payments on Facebook Messenger, a chat app with 1.3 billion monthly active users.

P2P payments for Messenger were first introduced in 2015, with group payments introduced in April 2017.

Since the launch of bots on the Messenger platform in spring 2016, financial services like TransferWise, Western Union, Mastercard, and MoneyGram have also been introduced to facilitate things like money transfers.

A payments beta began about a year ago that allowed developers to use services including PayPal for transactions within Messenger.

Related:

- From our Sponsors -

Latest Jobs

Senior Data Scientist

Alpaca

San Mateo, CA, United States

Full Time

USD 95000 — USD 160000 yearly

Full-Stack Founding Software Engineer (potential for Co-Founder)

ProSights

San Francisco, United States

Full Time

USD 70000 — USD 175000 yearly

Frontend Web Engineer

Novig

New York, United States

Full Time

USD 90000 — USD 150000 yearly

Product Manager - AI

Fathom

San Francisco, United States

Full Time

USD 120000 — USD 145000 yearly

Founding Front-End Engineer

Confido

New York, United States

Full Time

USD 150000 — USD 180000 yearly

Staff Product Manager - Stability & Scale

Ironclad

San Francisco, United States

Full Time

Salary Undisclosed

Senior Sales Development Representative

Instawork

San Francisco, United States

Full Time

Salary Undisclosed

VP of Sales

Beanstalk

Washington, DC, United States

Full Time

USD 150000 — USD 200000 yearly

UX/UI Designer (Onsite - SF)

Seam

San Francisco, United States

Full Time

USD 120000 — USD 180000 yearly

Senior Product Designer

Eight Sleep

New York, United States

Full Time

USD 100000 — USD 150000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2024 BEAMSTART. All Rights Reserved (Legal).