• Archives
  • Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
Home General App

You could be sending money to friends soon using Facebook messenger

Martin Odinuwe by Martin Odinuwe
October 6, 2014
in App, Commerce, Enterprise, Internet, Mobile
Share on FacebookShare on Twitter

So according to hacked screenshots by Stanford computer science student Andrew Aude. The story here is that payments would be send the same way you can now send a photo. A debit card would be added to your Facebook profile. Facebook will also give you the opportunity to add a PIN for extra security.

aude

Aude told TechCrunch how the payments work (at least so far):

Aude played around the with feature and its code. He tells me you simply hit a button to initiate a payment, enter the amount you want to send, and send it. Facebook keeps the transaction private and doesn’t publish anything about it to the News Feed.
In the version Aude investigated, Messenger payments only worked with debit cards, not credit cards or bank accounts. That’s likely because money transfers are cheaper to process when they come from debit cards and don’t require approvals or numbers some people don’t know off-hand like connecting a bank account. Aude speculates that “based on my understanding of the debit interchange rates, each transaction will cost roughly $0.40 to $0.50 (Durbin swipe fee + ACH fee). The app didn’t mention a fee to end, so it’s probably free, at least initially. Over time they might add a $1 fee.” This can’t be confirmed, though.

 

Related Posts:

  • Paradigm_Wallet_Tap-to-Transfer_KV_2P_no-copy_RGB-scaled
    Samsung Wallet Adds Tap-to-Transfer for P2P Payments
  • 631099b5df75a62dc60fc961_33
    Have A Business? Use This App For Payments
  • twitter-payments
    Twitter Pay? Elon Musk Applies To Get Payment…
  • WhatsApp-Video-Messaging_Header
    Meta Introduces In-Chat Short Video On WhatsApp —…
  • cash-app-logo-1024×1024.jpg
    Cash App Launches Tap to Pay for Business Sellers on iPhone
  • Meta's Parental Control To Give Visibility Into Teens Social Media
    Meta's Parental Control To Give Visibility Into…
  • videoframe_9585
    Snapchat Adds Safe Arrival Notifications for Friends
  • contactless-payment-marquee-800×450
    The Significance of Visa Tap-to-Pay Technology For…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Martin Odinuwe

Martin Odinuwe

I am Martin Odinuwe, a logo identity designer, Graphic designer, Video editor and a professional videographer based in Abuja, Nigeria with over five years experience. I am currently a consultant with Reachout Multiservice company ltd a multimedia company in Abuja

BROWSE BY CATEGORIES

Receive top tech news directly in your inbox

subscription from
Loading

Freshly Squeezed

  • Netflix To Acquire Warner Bros. For A Deal Worth $72 Billion December 6, 2025
  • Cloudflare Blames React2Shell Protections for Outage December 6, 2025
  • Microsoft Revises The List of Windows 11 Supported Processors December 5, 2025
  • FEC Approves Deployment of 4,000 Telecom Towers Nationwide December 5, 2025
  • Microsoft 365 Glitch Blocks Desktop App Installs December 5, 2025
  • Vodacom Buys East Africa’s Largest Telco for $2.4B December 4, 2025
  • Why Kiro and Copilot Are Offering Free AI Code Gen to Startups December 4, 2025
  • EU to Probe Meta Over AI Use in WhatsApp December 4, 2025
  • Gemini Tops Google’s Trending Searches for 2025 December 4, 2025
  • Google Launches Workspace Studio for AI Automation Agents December 4, 2025
  • Meta Starts Closing Accounts Ahead of Australia’s Under-16 Social Media Ban December 4, 2025
  • Samsung’s Latest Android Update Move Surprises Millions December 4, 2025

Browse Archives

December 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
293031 
« Nov    

Quick Links

  • About TechBooky
  • Advertise Here
  • Contact us
  • Submit Article
  • Privacy Policy
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts
Search in pages
  • African
  • Artificial Intelligence
  • Gadgets
  • Metaverse
  • Tips
  • About TechBooky
  • Advertise Here
  • Submit Article
  • Contact us

© 2025 Designed By TechBooky Elite

Discover more from TechBooky

Subscribe now to keep reading and get access to the full archive.

Continue reading

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.