Facebook Messenger App To Allow Money Transfer Soon

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It’s nothing new that Apple is preparing to launch its long-awaited mobile payment service known as Apple Pay later this month. Meanwhile reach new Facebook-related news, the famous social network, and work on developing their own payment system to facilitate the transfer of money between friends through your instant messaging application, Facebook Messenger.

Facebook is poised to compete with Apple Pay, PayPal and other payment systems with Messenger

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New rumors refer to the expansion of the services that the social network Facebook provides through its messaging app, Messenger. According to what people reported TechCrunch:

Facebook Messenger is all set to allow friends to send each other money. All you have to do Facebook users simply activate the feature is in accordance with what is shown in the screenshots and video, which were taken with iOS devices and development tools Application , performed by the computer science student Andrew Aude.

This new payment system could become a likely competitor to other payment systems like PayPal, and Square. The mobile payment feature of Messenger will allow users to send money to each other using more or less the same way in which photos are sent and messages. The PIN protected option uses additional debit cards via Messenger or Facebook site itself.

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According to a recent report, Marcus left to go to Facebook PayPal last July due to possible disagreements that were allegedly related to the participation of the company with the new Apple Pay. In this case David Marcus wanted to reach an agreement with Apple but nevertheless PayPal CEO, John Donahue, decided to ally with Samsung in the mobile payment system integrated into the Galaxy S5 through the fingerprint scanner.

In this regard, the Californian firm was not happy with the move made, for this reason Apple then decided to exclude the new Apple Pay PayPal. Now we just wait to check the operation of mobile payments between friends Facebook Messenger and see if it will represent real competition to other payment systems including Paypal.

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