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Send Money to Friends in Messenger

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11–20 of 293 posts

Re: Send Money to Friends in Messenger

#12
post #2

I think it's interesting that we can now pay almost anybody we have contact with, at almost zero effort and without even having to remove my debit card from my wallet. You can pay people via gmail now for your email contacts, send money to your personal friends via social media networking. I bought my Uber to work this morning completely frictionless without having to physically use my card. It's an interesting devel…

I mean, in reality, we are just back where we started. cash & checkbooks used to do this very well, until people needed online payments.

Re: Send Money to Friends in Messenger

#13
post #5

A natural addition. And just like Square Cash, just enter bank issued debit card for fee-free transactions. Now if it would work outside the US and in-between different countries, that'd be the killer app. Is there anything close to that dream?

... and insurance-free, as opposed to credit cards

Re: Send Money to Friends in Messenger

#14
It's an interesting feature, but it seems unlikely that enough people will add their card information to Facebook to make it worthwhile, considering that both the payor and payee need CC information included for the payment to work.

On a related note, this continues Facebook's unfortunate user-interface decision to replace the simple "send" button in Facebook Messenger with a row of increasingly crowded and not-particularly-useful buttons to send various "other" things.

Re: Send Money to Friends in Messenger

#15
post #5

A natural addition. And just like Square Cash, just enter bank issued debit card for fee-free transactions. Now if it would work outside the US and in-between different countries, that'd be the killer app. Is there anything close to that dream?

How often do international transactions actually occur though (for small payments between friends)? I feel like it is such a small market it probably is not worth the extra hassle from a legal/fraud standpoint.

As for outside the US, I was under the impression that most banks provide a free service for these transactions.

Re: Send Money to Friends in Messenger

#16
post #5

A natural addition. And just like Square Cash, just enter bank issued debit card for fee-free transactions. Now if it would work outside the US and in-between different countries, that'd be the killer app. Is there anything close to that dream?

[deleted]

Re: Send Money to Friends in Messenger

#17
post #14

It's an interesting feature, but it seems unlikely that enough people will add their card information to Facebook to make it worthwhile, considering that both the payor and payee need CC information included for the payment to work. On a related note, this continues Facebook's unfortunate user-interface decision to replace the simple "send" button in Facebook Messenger with a row of increasingly crowded and not-parti…

Like the thumbs up? Why is that the DEFAULT button there?

Re: Send Money to Friends in Messenger

#18
post #14

It's an interesting feature, but it seems unlikely that enough people will add their card information to Facebook to make it worthwhile, considering that both the payor and payee need CC information included for the payment to work. On a related note, this continues Facebook's unfortunate user-interface decision to replace the simple "send" button in Facebook Messenger with a row of increasingly crowded and not-parti…

The Payee will be reasonably motivated to add their CC to retrieve the funds.

Re: Send Money to Friends in Messenger

#19
post #16
post #5

A natural addition. And just like Square Cash, just enter bank issued debit card for fee-free transactions. Now if it would work outside the US and in-between different countries, that'd be the killer app. Is there anything close to that dream?

[deleted]

https://transferwise.com/ run an absolutely amazing service. It's not instant but it saves a lot of money on forex fees.

Re: Send Money to Friends in Messenger

#20
post #5

A natural addition. And just like Square Cash, just enter bank issued debit card for fee-free transactions. Now if it would work outside the US and in-between different countries, that'd be the killer app. Is there anything close to that dream?

Check out transferwise.com.
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