Facebook launches money transfers over Messenger for French and UK users

Wednesday 8 November 2017 | 10:28 CET | News

Facebook users in France and the UK will soon be able to send money to their contacts via Messenger. The introduction of peer-to-peer payments in euros and British pounds follows the launch in the US market in March 2015. The service will be rolled out in the two countries in the coming weeks and will be available to users who set up a payment account with a debit card to send or receive money.

Facebook said Messenger payments are offered as a regulated service, and therefore subject to consumer protection requirements. The company registered as an e-money provider in Europe at the end of 2016, after securing a licence to provide e-money issuing and payment services within the EU from the Central Bank of Ireland.

In France, the announcement of the service coincides with the launch of Facebook Messenger’s AI assistant 'M', already offered in the English and Spanish versions in the UK and Spain

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