Facebook’s payment service is now available in the United States. The free service now allows users to instantly send money to others with just a few simple taps.
Facebook launches payment service
According to David Marcus, Facebook’s messaging products executive, the new service was designed to compete with PayPal, Google Wallet, Venmo and Snapcash. Marcus first joined the social media giant in the summer of 2014 after leaving Ebay. He was credited with increasing momentum at PayPal by keeping the focus on innovation and design.
Users of the Facebook Messenger app can use their linked Visa or Mastercard debit card to send money with a simple tap of the $ button. Marcus shared his excitement in a blog post:
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“We’re happy to announce that Messenger person-to-person payments are now available to everyone in the U.S.! Add your Debit Card and pay anyone on Messenger in a few taps. Money goes straight from your checking account to the recipient’s checking account. Easy and safe. As always, give it a try it and let us know how we can make even better for you!”