nsucurrent.com
nsucurrent.com November 24, 2017


Facebook Messenger P2P payments arrive in the UK

08 November 2017, 12:37 | Shelley Chandler

Facebook Messenger beats Apple and WhatsApp with this clever new payment feature

Facebook makes fintech move with UK launch of p2p payments via Messenger feature

Whether you're sending someone money for your share of the check, or you're splitting a group gift, payments in Messenger is super convenient. To use the feature, one must register their banking and card details with Facebook Messenger.

The U.K.is the next market to have the service, after Facebook first launched the payments feature in the U.S.in 2015.

What is this glorious new feature we hear you say?

It's a new feature launched by Facebook Messenger that allows you to send and receive money through in-app conversations in the UK. This was not an issue when the service launched exclusively in the U.S.in 2015, but it could be a major pain point in Europe, where borders are less of an obstacle to social connections.




David Marcus is the head of Messenger at Facebook and a senior executive there.

Facebook is bringing peer-to-peer (P2P) payments to the United Kingdom through Messenger, enabling people to send cash to their friends and family through the messaging app.

To send money, open a chat with your friend, tap the blue + icon and select the green Payments icon.

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? Skype lets users in almost two dozen countries send cash within its mobile app via PayPal and PayPal has a bot that let's you send money within Slack. They link their account to their debit card and can request payments to friends in seconds by messaging them and entering... And when it comes to payments, we take extra steps for protection: "All debit card credentials are encrypted and protected with bank level security, our world-class anti-fraud specialists monitor payments, and in the rare case that we find unauthorized activity on an account, we'll work with them to secure the account again".



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