Facebook Messenger and PayPal initially partnered last year to enable customers to link their accounts and use PayPal to shop on Messenger. The new announcement expands the partnership into peer-to-peer payments.
Now, Facebook users can send and receive payments via Messenger using PayPal through their accounts. As of now, over 2.5 million accounts have linked their accounts to the peer-to-peer payment system (available in the U.S.).
Also, PayPal customers can now use a customer service chatbot in Messenger allowing them to reset passwords, handle account inquiries and helping with payment issues in the app.
Facebook has been working on bringing payments to its platforms for some time, and this latest push makes it a competitor to other peer-to-peer payments options such as Apple’s new Pay Cash, Square Cash, Snapchat’s payments and PayPal’s own Venmo application.
PayPal in Pakistan
There is still no word about the service coming to Pakistan as of yet. IT Minister, Anusha Rahman has consoled everyone that they are working on breaking a deal as freelancers prefer PayPal as it is a globally recognised service.