Facebook Messenger can now be used to send payments to other people in the U.K., after the social network launched the feature in the U.S. in 2015. Making it the first international market for Messenger payments.
Money can be sent to Facebook friends using a single message and a few interactions with the virtual assistant built into Messenger. Facebook is working with all major UK banks and credit card companies on the launch. Both parties need to be registered with Messenger payments to complete a transaction.
The most common amount of money sent with Messenger payments has been less than $50 in the US, and it’s used to split bills, as gifts, and to pay for services such as babysitting. In the UK, it has a £2,500 maximum, and cannot be used for more than £10,000 over a 30 day period.
Facebook’s David Marcus told the Telegraph it isn’t making any money from Messenger transactions, and it actually costs the social network a small amount each time one is sent.