Facebook announces need to add mobile payment function to increase friend transfer

March 18 News, I'll send you a red envelope in a minute. I'll pay you the money with the micro-letter. I have paid the money to you.

&NBSP
The person familiar with the above words, should not have a few cash in the wallet? Alipay, micro-credit payment has become the main tool for transferring money between friends and colleagues, both in the scramble for users and data, it does bring a lot of convenience.
 
Now, on the other side of the ocean, Facebook is also announcing a move to pay, so you can be very flavor in the future: I'll transfer the money to you on Facebook.
&NBSP
Facebook today announced in its news center that it will increase the payment function in Facebook Messenger, mainly for transfer between friends, and is expected to be online in the next few months on the Facebook of American users. Facebook said the payment process would be more convenient and secure with the use of a Facebook Messenger transfer without a fee.
&NBSP
Facebook pushes the mobile payment feature
&NBSP
to bind a Visa or MasterCard debit card with Messenger, and the user sends a dollar sign ($) to a named friend only in the Messenger chat interface Add the amount, then click on the upper right corner of the pay option to pay the money. If your friend's Messenger is also tied to a bank card, he can receive money as soon as he opens Messenger. However, like most mobile payment applications, it takes a few days for the money to be transferred to a bank account.
 
The rationale for mobile payments on Facebook is similar to that of micro-letters, which allow users to transfer and pay in applications that they frequently open, making it much easier to open a payment tool specifically to exit a commonly used application. So Facebook Messenger has some advantages over payment applications such as Venmo/paypal,google wallet and square cash.
&NBSP
The Wall Street Journal analysis says it is no surprise that Facebook's move to pay was not surprising when Lenovo's president, David Marcus, joined Facebook for the main Messenger product last summer.
 
Stanford University student Andrew Aude last October discovered Facebook when he was using developer Tools Cycrypt for iOS apps to parse the latest version of Facebook Messenger apps While Messenger hides the ability to transfer money to friends, Facebook officially confirms this.
 
Social media adding to the transfer function of friends is not a precedent that Facebook has set, last November, the popular social application Snapchat on the online friends transfer function, payment is also the dollar sign ($) plus amount. So Facebook Messenger, in addition to competing with mobile payments, is a potential competitor for all kinds of social applications.