Published: Wed, November 08, 2017
Markets | By Noel Gibbs

Facebook brings Messenger payments to France and the UK

Facebook brings Messenger payments to France and the UK

It's a new feature launched by Facebook Messenger that allows you to send and receive money through in-app conversations in the UK.

Facebook is making its first foray into finance in the United Kingdom with the launch of a new feature which lets users send and receive payments via Messenger.

This was not an issue when the service launched exclusively in the 2015, but it could be a major pain point in Europe, where borders are less of an obstacle to social connections.

Facebook is collaborating with all the major banks and credit card firms to launch Messenger payments, which will require both the sender and recipient of money to register their payment cards.

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Conversocial, the leader in social messaging for customer care, today announces that Conversocial and some of its customers are among the first to gain early access to the closed beta of Facebook Messenger customer chat, a newly-released capability that enables people to talk with businesses across web and Messenger.

The new plugin also supports Messenger features like payments, rich media, and more, the Messenger team added.

Facebook began letting its users in the USA send cash to each other in 2015 but doesn't charge for its use.

How does Facebook Messenger payments work?

It'll be interesting to see if the same happens in the UK.

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The company initially introduced the feature in 2015, as a part of its effort to gain market share in the payments industry.

All you'll need to do is bring up a message chain with one of your Facebook friends, tap "+" and then hit the green Payments icon. From here, users set up their payment account - if it's their first time using the feature - and enter the amount they want to pay.

The money is then instantly credited to the friend's account.

Facebook claims Messenger payments will catch on because "people are looking for simplicity and emotion". Since Facebook owns WhatsApp, it has already fragmented its user base.

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