Given the number of people that have their fb accounts hacked every day, I'd be pretty concerned about giving Facebook my credit card info too.
Send Money to Friends in Messenger
21–30 of 293 posts
Re: Send Money to Friends in Messenger
#22At this point, I just want one of these pay-with-your-phone solutions to win and be ubiquitous. The current situation is almost comical. "Do you have Venmo? Haven't set that up yet, can you send over Paypal?. No, what about Square Wallet? Nope, what about Gmail?"
At least Gmail & Facebook are pretty widely used already though
Not their respective payment services, though. Receiving one of these Facebook payments won't work unless you've added a credit card to your Facebook.
Re: Send Money to Friends in Messenger
#23It'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…
You only need to convince the payer. The recipient gets an email that says "You have money waiting, let us give it to you."
Re: Send Money to Friends in Messenger
#24Deleting Square Cash and Paypal...
Re: Send Money to Friends in Messenger
#25It would be interesting if a user's social graph could be used to assess creditworthiness. If so they could remove a lot of friction either by reducing fees or assuming a certain degree of credit upfront.
Re: Send Money to Friends in Messenger
#26"Hey RELATIVE it's me here on Facebook I had to get a new account because I'm in trouble here in FOREIGN COUNTRY so please send me money. It's really easy and I need it bad! Just enter your credit card and I will be saved!"
I know, I know, it's not the tool...but I am reminded of a certain scene from The Fifth Element...
"I hate warriors, too narrow-minded. I'll tell you what I do like though: a killer, a dyed-in-the-wool killer. Cold blooded, clean, methodical and thorough. Now a real killer, when he picked up the ZF-1, would've immediately asked about the little red button on the bottom of the gun. "
Re: Send Money to Friends in Messenger
#27does this say something about how fast snapchat is innovating?
Considering we've had Venmo[1], wallet/gmail[2] and Square Cash[3] since 2013, not really. [1]: http://bits.blogs.nytimes.com/2012/03/20/after-2-years-in-be... [2]: http://googlecommerce.blogspot.com/2013/05/send-money-to-fri... [3]: http://allthingsd.com/20131015/the-money-is-in-the-email/
which of these were a way to send money through a social network's chat client?
Re: Send Money to Friends in Messenger
#28I wonder who doesnt have his pay service yet.
Id rather use bitcoin.
Re: Send Money to Friends in Messenger
#29Did they build out this technology themselves, or was it through an acquisition? On a side note - no AmEx or Bank Account option...
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Re: Send Money to Friends in Messenger
#30At this point, I just want one of these pay-with-your-phone solutions to win and be ubiquitous. The current situation is almost comical. "Do you have Venmo? Haven't set that up yet, can you send over Paypal?. No, what about Square Wallet? Nope, what about Gmail?"
At least Gmail & Facebook are pretty widely used already though
But with both Google and Facebook essentially being advertising companies a notable amount of people are hesitant to give them access to personal data. That could be a real hindrance to them becoming ubiquitous payment providers.