0
Broadband

Facebook to launch money transfers over Messenger

Wednesday 18 March 2015 | 09:20 CET | News
Facebook users in the US will soon be able to send money to their contacts via Messenger. Users will need to start a message with a friend, tap the $ icon, enter the enter, and then press pay. First time users (senders and receivers) will need to add a Visa or MasterCard debit card issued by a US bank to their account. They will then create a PIN number for the next transactions. On iOS devices, users will also be able to enable Touch ID. All customers will be able to add more layers of authentification, at any time, if they wish. Facebook said it currently processes more than 1 million

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet / Mobile & Wireless
Companies: Facebook / MasterCard / Visa
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Facebook registers as e-money provider in Spain

Published 06 Jan 2017 15:13 CET | Spain
Facebook has registered as an electronic money provider in Spain, paving the way for friend-to-friend payments via Facebook ...

Facebook hires Google Payments compliance officer Lawrence

Published 15 Jun 2015 09:48 CET | United States
Facebook has hired Google's Frank Lawrence, a compliance executive with years of experience in the money-transfer and payments ...

Facebook adds free VoIP video calls to Messenger

Published 28 Apr 2015 14:20 CET | World
Facebook has announced the launch of free video calling via its Messenger VoIP app in the US, Canada, UK and 15 other countries. ...

Facebook launches On This Day feature

Published 24 Mar 2015 21:04 CET | World
Facebook has announced a new feature known as On This Day, providing users a new way to look back at the things they have shared ...

Facebook hires another PayPal executive for Messenger

Published 18 Dec 2014 08:58 CET | World
Facebook has hired Stan Chudhovsky as VP of growth at Facebook Messenger. Chudnovsky was previously at PayPal, Recode reported. ...

Facebook Messenger app reaches 500 mln users

Published 10 Nov 2014 19:18 CET | World
Facebook has announced that more than 500 million people use its Messenger app each month. Messenger was launched in 2011 as one ...





47%
Market share cable on VoIP market
Netherlands  |  2016 Q3

Calendar   /   Industry Events

23 Jan Digi Q4 2016
23 Jan Yahoo! Q4 2016
23 Jan IoT Tech Expo Europe
23 Jan EMEA CTO Telecoms Forum
23 Jan CEM in Telecoms Global Summit
23 Jan RAN USA
24 Jan Verizon Q4 2016
24 Jan Logitech fiscal Q3
24 Jan Corning Q4 2016
24 Jan Texas Instruments Q4 2016
24 Jan Samsung Q4 2016
24 Jan International Cybersecurity Forum
24 Jan Smart Cities International Symposium
25 Jan AT&T Q4 2016
25 Jan Qualcomm fiscal Q1
25 Jan TE Connectivity fiscal Q1
25 Jan Crown Castle Q4 2016
25 Jan 8x8 fiscal Q3
25 Jan Citrix Systems Q4 2016
26 Jan Microsemi fiscal Q1
26 Jan VMware Q4 2016
26 Jan MediaTek Q4 2016
26 Jan Microsoft fiscal Q2
26 Jan Sky fiscal Q2
26 Jan Eir fiscal Q2
26 Jan STMicroelectronics Q4 2016
26 Jan Juniper Networks Q4 2016
26 Jan Ericsson Q4 2016
26 Jan Intel Q4 2016
26 Jan Rogers Q4 2016
::: More Calendar Items