Paying for items and services through facebook just got a whole lot easier, with the incorporation of PayPal’s new payment system. Recently, PayPal representatives announced that they would be partnering up with Facebook Messenger that allows users to send money to others on their friend list. This would allow for better peer to peer transactions, making the entire process of sending money to your buddies much easier. The method of sending money would be streamlined using a PayPal bot that also guides the user through the process.
The incorporation of PayPal into Messenger happened after the two companies entered into a deal last year allowing the integration of the service onto their site. Both the companies realized that this would be an extremely beneficial route for them to take, and will help integrate something that user’s of both the platforms have been asking for a long time.
Facebook does currently allow people living in the United States to send money to people on their friend’s list, but it is generally either through entering their debit or credit card details and can only be used within the United States. However, with the integration of PayPal into Facebook Messenger, even people outside the country will be able to send money to one another without many restrictions. The integrated system will be incredibly easy to use, and will just require the user to click on the PayPal icon in the Messenger to be on their way to sending money to one another.
This will also help Facebook and their Messenger as well. With the introduction of new big players who come up with messaging platforms of their own, the competition in this sector has become tougher than ever. The introduction of this new policy should give Facebook Messenger a significant boost over other players in the industry. The Messaging app already has millions of users, which is set to increase even more in the coming months because of PayPal.
However, there is always going to be that section of the customer base that is adverse to using this system for their payments. Even though PayPal by itself is considered to be one of the safest peers to peer money transfer sites, this integration has got a few customers skeptical and wondered if their accounts would be secure with the advent of this.