You can now send and receive money on Facebook Messenger via PayPal

You can now send and receive money on Facebook Messenger via PayPal

PayPal peer-to-peer (P2P) transaction can now be conducted
via Facebook Messenger. About a couple of months ago, recall that we reported the
fusion between PayPal and Skype – a union that allows Skype mobile on Android
and iOS to send and receive money

Now, Paypal has landed on the messaging platform of Facebook
and the service has started rolling out to customers in the United States since
yesterday, according to what the PayPal COO Bill Ready posted their blog.

Ready said; “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.

“People can then
choose PayPal as their funding source when making a P2P payment with their
Messenger contacts.”

Aside the integration with Facebook Messenger, PayPal also
launched a customer service Messenger bot for assistance, should there be
issues with transactions or need for guide.
Recall that in the beginning of this year, payments was
enabled via Facebook chat extensions.
PayPal has also launched a P2P bot for payments on Slack and
reach an agreement with Mastercard, Visa, Vodafone, and Alibaba this year. So,
this fussion with the Facebook messenger means that 1 billion people now have
access to PayPal today, thanks to the chat app with 1.3 billion monthly active
P2P payments for Messenger were announced way back in 2015,
with group payments introduced in April 2017.
Ever 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
A payments beta began about a year ago that allowed
developers to use services including PayPal for transactions within Messenger.
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