![]() ![]() Starting today, Facebook is offering users the ability to choose PayPal as the funding source for peer-to-peer payments – and it can even be set as the default, PayPal tells us. ![]() But Facebook insisted it wasn’t aiming to build its own payments business – it largely saw the addition as something that just made Messenger better.Įarlier this year, Facebook added support for group payments, for example, but said it was still not taking a cut of transactions. The feature appeared, at first, to be Facebook’s own competitor to services like PayPal and PayPal-owned Venmo, Square, and others. To be clear, this is an alternative to the existing payments feature that’s existed inside Messenger for a couple of years. To date, over 2.5 million users have linked their PayPal account with Messenger, PayPal says, and that number is expected to grow with today’s news.įor starters, PayPal users can now pay their friends right inside Messenger – shifting some portion of PayPal’s $80 billion+ peer-to-peer payment volume to Facebook’s messaging app. Customers could also choose to link their PayPal account with Messenger in order to receive notifications and receipts from their online transactions within Messenger. to shop from online merchants using their Messenger chat bots, then transact in the messaging app via PayPal. Last year, Facebook and PayPal announced a deepened relationship that allowed customers in the U.S. The deeper integration with Messenger’s platform, which will also include PayPal’s first customer service bot for handling customer questions and requests for help, follows a series of tie-ups between the two companies. will now be able to send and receive person-to-person payments over Facebook Messenger, the company announced this morning. ![]()
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