PayPal enables Facebook friends send cash

Online financial transactions powerhouse PayPal released an application on Thursday that lets friends send one another cash at leading social network Facebook.

By:AFP
| Updated on: Nov 19 2011, 13:36 IST

Online financial transactions powerhouse PayPal released an application on Thursday that lets friends send one another cash at leading social network Facebook.

A 'Send Money' application tailored for Facebook by PayPal lets members of the online community tie money to occasions such as birthdays or send it in an unadorned online transfer.'We are bringing the largest online payments company to the world's largest social network to make it even easier to send money to your friends and family directly from Facebook,' PayPal marketing manager JBCoutinho said in a blog post.'Our new Send Money application on Facebook allows users to turn those wall posts into actual gifts,' she said.

You may be interested in

MobilesTablets Laptops
28% OFF
Samsung Galaxy S23 Ultra 5G
  • Green
  • 12 GB RAM
  • 256 GB Storage
Vivo X100 Pro 5G
  • Asteroid Black
  • 16 GB RAM
  • 512 GB Storage
23% OFF
Google Pixel 8 Pro
  • Obsidian
  • 12 GB RAM
  • 128 GB Storage
10% OFF
Apple iPhone 15 Plus
  • Black
  • 6 GB RAM
  • 128 GB Storage

Gifts of money sent to Facebook members through PayPal can be announced with digital greeting cards, videos, or pictures. Links in e-cards or messages are followed to culminate in cash transfers.PayPal charges no fee for people to send money to Facebook members in the United States as long as transactions are done through accounts with banks or the eBay-owned online financial service.'PayPal is going to where friends and family connect now,' Coutinho said of the reasoning behind the application. 'Imagine the smile when someone gets money for a cold beer and a message saying 'This one is on me.''

Also read
Looking for a smartphone? To check mobile finder click here.

The release of the PayPal application for Facebook came the same day that Skype improved its software to allow Facebook members to engage in video calls with one another using the Internet telephony service.Skype, which was recently acquired by Microsoft, began powering video calling at Facebook in July.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 19 Nov, 13:23 IST
NEXT ARTICLE BEGINS