(Image source from: Money Transfer via FB Messenger Soon})
The social networking giant Facebook is coming up with new innovation of transferring the money via its messenger. The service will be provide first in US on Apple and Android mobile devices and on desktop computers. Interestingly the firm said it as a free service works with debit cards. The tech site will process the payments and emphasized the service's security features.
The service will be expanded internationally after successful talk in US. To send money to friends or members of the family, users can tap a new "$'' icon that's next to the buttons that let you send photos, stickers or a thumbs up sign. After entering the amount that you are planning to send, tap "pay" on the top right corner and enter your debit card number. And at the reception end the user has to enter the card number. After adding the card number for the first time, users can create a pin code that you will need to enter from the next time onwards for sending money.
The feature will be much secured on Apple devices, as the Touch ID facilitates the users to use fingerprint instead of transactions with numbers and data entry. The social networking firm may plan well to ensure misled transactions and improper billings.
-Kannamsai
