Facebook will now let you send money in the United Kingdom with Messenger

Camille Francis
November 8, 2017

Facebook intends its payments service to be as frictionless as possible within Messenger.

"Plus, since payments in Messenger use debit cards, as with any other debit card payment, if there are unauthorized charges, people have recourse with their bank".

This is the first time P2P payment is being made available to Facebook Messenger users outside the USA since being introduced more than two years ago. It's the first time Facebook has launched the feature outside of the US.

SOCIAL NETWORKING GIANT Facebook has launched its payment by Messenger service to United Kingdom users.

You can now use Facebook Messenger to send money to your friends, whether you owe them or if you just want to help them out. In February, global money transfer service TransferWisebuilt a "bot" for Messenger, letting its users send money to each other through the platform.

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Marketplace has helped propel Facebook's stature as a last-click social commerce site, with almost 48% of social media users in the US reporting they made their most recent purchase from Facebook, according to a recent Open Influence study, putting the platform ahead of Instagram, YouTube and Pinterest.

Messenger has more than 1.2 billion monthly users around the world. According to research by Kenshoo published in December 2016, 53% of French Internet users and 48% of U.K. Internet users had Facebook Messenger.

Have you ever gone somewhere with a friend and been in the position of forgetting your wallet, leaving your friend to pay for your coffee, drink, meal, or whatever?

To make it even easier and more convenient to send and receive money, Facebook is also rolling out M suggestions for payments. "Finally, Messenger payments are offered as a regulated payment service, meaning they're directly subject to consumer protection requirements". Square has a similar product called Square Cash, and PayPal's Venmo has been a popular choice for younger users in particular.

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