PayPal, Venmo, Google Wallet, Snapcash… now Facebook.
Technology today is about connecting and adding value to our lives. Recently, Facebook announced that in the coming months people will be able to send and receive digital payments from your friends. For now, the service will be free, and Facebook says that they have no plans to monetize it as this time. Although we know it’s not Facebook.org
Here’s how it works:
To send money:
- Start a message with a friend
- Tap the $ icon and enter the amount you want to send
- Tap Payin the top right and add your debit card to send money
To receive money:
- Open the conversation from your friend
- Tap Add Card in the message and add your debit card to accept money for the first time
Facebook wasn’t the first to implement this convenient little feature; we are looking forward to seeing how this vertical shakes out.
What’s ahead? Time will tell…
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