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24 October 2017, 12:56 | Jenny Fowler
Facebook Messenger users can now send/receive money through PayPal
While live customer service reps can be called in, the chatbot will likely remove friction for some users who have simple questions, leading to a better overall experience. The new announcement expands the partnership into peer-to-peer payments.
The new PayPal payment feature is locked to the United States as of right now, which is a bit of a bummer.
To get started, search for PayPal in the search field and type a message to PayPal and the bot for Messenger will assist you with your request.
For the first quarter, PayPal reported a net income of $384 million, or 32 cents per share, while revenue jumped 17% to $2.975 billion, year-over-year.
Last year, PayPal partnered with FacebookMessenger, allowing more than 2.5 million USA customers to connect their accounts, use PayPal to shop on Messenger and enable Messenger as a means of communication for PayPal users. Now paying your friends back has become easier.
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In order to send money through PayPal, you don't need to have any special skills.
Facebook has rolled out the latest update for the Messenger app. To send or request money, just tap the blue colored + icon and then tap on the green colored $ icon. Just select PayPal option from the available option and you will be done.
"The ability to send and request money in Messenger - one of the most widely used apps in the world - gives people more choice and more convenient ways to get things done in different contexts".
This is an interesting move made by these giants.
PayPal and Facebook's relationship has grown since the companies a year ago began to let US customers shop from online merchants using Messenger chatbots, then making a payment with PayPal. You will then be asked to link your PayPal account or you credit/debit card.
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