PayPal pushes Facebook app "send money" to simplify social payment

According to foreign media reports, the online payment service provider PayPal has launched a new Facebook application named "send money )", allows users to send payments to Facebook ProgramIt is easy to change.

For a long time, PayPal has been actively developing various payment technologies in the mobile and social fields. Just a week ago, PayPal also updated an Android Application, this allows the application to implement near-field communication (NFC) payment services.

PayPal launched a new Facebook application to simplify social payment services, which is also in line with the market development trend. Facebook currently has more than 0.75 billion users, and a large number of users may have active PayPal accounts. Therefore, helping these users "send money" to each other becomes one of the important actions of PayPal.

Anuj Nayar, communication director of PayPal, told the media: "the infrastructure of PayPal and Facebook has now been merged, this is also a way to make money delivery more personalized."

Although the "send money" application can be used between Facebook users and friends for free to complete payment transactions, restrictions on PayPal's international market billing and standards still apply.

In any case, with the launch of the "send money" application, the PayPal business will also get some growth momentum. At least the user may be more likely to send money on Facebook, instead of entering a check or sending money via email.