Facebook Messenger is all set up to allow friends to send each other money. All Facebook has to do is turn on the feature, according to screenshots and video taken using iOS app exploration developer tool Cycript by Stanford computer science student Andrew Aude.Messenger’s payment option lets users can send money in a message similar to how they can send a photo. Users can add a debit card in Messenger, or use one they already have on file with Facebook. An in-app pincode also exists for added security around payments.Facebook Payments Select MethodIt’s unclear whether Facebook will monetize Messenger by charging a small fee for money transfers, or offer the functionality for free to drive usage of its standalone chat app. That will be up to David Marcus, the new head of Messenger who was formerly the president of PayPal....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 Facebook roughly $0.40 to $0.50 (Durbin swipe fee + ACH fee). The app didn’t mention a fee to send, so it’s probably free, at least initially. Over time they might add a $1 fee.” This can’t be confirmed, though.
"Debit" would be just fine.
Why would debit be just fine?
Will this work with a desktop app?
Please search before posting.. See here - http://forums.dansdeals.com/index.php?topic=45678.msg1092897#newAND NOTE - ONLY DEBIT CARDS. So they claim
I searched for Facebook and nothing recent looked relevant.
