This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
Dublin: 12 °C Friday 22 February, 2019
Advertisement

Facebook Messenger could soon allow you to send money to your friends

A hidden payments service was found in the current version of Facebook’s messaging app, allowing users to transfer cash via debit card.

Image: im Goode/EMPICS Entertainment

FACEBOOK IS LIKELY to introduce its own payments service after such a feature was found hidden in the current version of Facebook Messenger.

Stanford student, Andrew Aude, has released screenshots and video of a new payment platform that is hidden in the current version of Facebook Messenger.

According to TechCrunch, when the feature is activated, users can send money in a message similar to how they attach an image.

The service also includes an in-app pincode to add extra security around payments, while it appears that only debit cards are allowed with the service.

Facebook has been interested in facilitating payments for a while now. Back in April, the company applied to the Irish Central Bank for an e-money service, while in June, it hired the President of PayPal, David Marcus, to become its vice-president of messaging products.

In its latest earnings call, Facebook CEO Mark Zuckerberg mentioned the company’s intentions to enter the payments market, but warned that it wouldn’t be happening anytime soon saying “We’re going to take the time to do this in the way that is going to be right.”

Read: In about two hours a lot of you are going to be looking for a job >

Read: How this business went from (nearly) zero to 450,000 Facebook likes in a year >

  • Share on Facebook
  • Email this article
  •  

About the author:

Quinton O'Reilly

Read next:

COMMENTS (15)

    Trending Tags