Send Money to Friends in Messenger - Now in Euros and British Pounds

Delia Watkins
November 8, 2017

On the new service, Facebook said: "Messenger uses people's authentic identities so people know who they are talking to".

Facebook appears keen to highlight the security credentials of its P2P payment system, noting that debit card details will be encrypted and protected with bank level security.

This is the first time Messenger has extended payments since launching in the US.

David Marcus is the head of Messenger at Facebook, and he explained that most people in the United States use the service to send less than $50 per transaction and it is mainly used during social situations.

All you need to do is link your debit or credit card to your Messenger account, choose the amount of money you want to send over and press send.

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Facebook has reportedly launched its money transfer service in the UK.

The convenience of being able to pay friends while in chats with them was picked up on by the Facebook team, with Marcus saying: "More and more people are having conversations on Messenger about paying one another".

Sending and receiving dosh with Messenger sounds like a dawdle, according to Facebook's instructions.

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? Facebook doesn't charge a fee.

Because the service is not a direct bank-to-bank offering, it is not part of the Faster Payment scheme, which could mean 1-3 days wait before money is in the recipient's account - though, we're assured it is not "simply resting in Facebook's account", Father Ted style. With these existing and entrenched habits for payment already in place, Messenger may have some difficulty in gaining traction. The new payments feature will compete against a growing number of P2P payment apps like Venmo, Paypal, and several others.

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