The payment gateway companies like Paypal , Skrill and Payoneer may face a stiff competition if the peer to peer payment transfer is made possible via Facebook messenger. The company is on the testing path and planning to make it big in the field of cashless payments. Time may arrive when one will be able to use their Facebook messenger to transfer money and might not prefer any other website for money transfer.
The people of USA are able to see the option lined up under the messenger list. It has been more than two weeks for the testing cycle and might take more time to be fully operative. The feature can be downloaded from the App store if it is not available. It will be held as a blessing for the users of Facebook for managing their money.
The advantage of using this feature is that the users will be able to transfer money without paying any extra fee for transactions. This will be connected with Visa cards and Master cards to help customers open with more paying options. So, the company doesn’t have to struggle to find new users as it is already used by billions of browsers worldwide.
As the messenger list is filled with lot of options, so the payment option is lined up under the “more” menu. It will take some time for the browsers to get acquainted with it as people are more interested in socializing rather than using it for payment. This feature will add additional users to Facebook in future.
