What Happens When You Send Someone Money Through Paypal

Instant withdrawal fee

$9,999

Maximum transfer amount (verified)

Details

Details

Product Proper name	Facebook Messenger
Fees to send	No fees
Instant withdrawal fee	0%
Free withdrawal speed	Up to 1 business 24-hour interval
Payment method	Debit card
Ways to receive	Debit menu
Maximum transfer amount (unverified)	$9,999
Maximum transfer amount (verified)	$9,999
Supported devices	iOS app, Android app
Client support	Telephone
Supports international transfers?	No

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1. Create or sign in to your Facebook business relationship. Y'all'll demand to be active with Facebook to access Facebook Messenger and begin sending money to your contacts.
2. Add a payment method. From the "Settings" card, navigate to "Payments" and cull "Account Settings." From there, you can add together a US bank-issued debit bill of fare or link your PayPal account. PayPal payments are merely available when sending on the Messenger mobile app.
3. Start your transfer. Create a new message and click or tap the dollar sign near the bottom right corner. A smaller pop-upwards window will ask you to input the dollar amount you're paying or requesting and what the payment is for. Choose which payment method you want to use and then choose "Pay." Y'all can transfer money between other Facebook users only.
1. You receive a bulletin on Facebook. Notification of your asking or payment will appear in Messenger just like whatsoever other bulletin.
2. Take or deny the payment request. If yous accept the request, the amount will be withdrawn from your linked account. If y'all deny it, the person who requested the money volition receive notification.
3. Have or deny the payment. If you've received a payment, yous tin have it for immediate deposit to your linked account. You can also deny the payment if you lot don't recognize the sender or are otherwise wary.
Facebook encrypts payments and user data to safeguard your money and transaction details. It also requires you to confirm your identity at times, either with personal information or PINs. Facebook's payment system hasn't suffered a single security breach since its launch in March 2015.

Like other services, Facebook'southward payment arrangement is still susceptible to scams. To use Facebook'southward payment arrangement safely, avoid clicking on links from people you do non know or paying people you lot have not met in person.

Tips to keep your finances safe on Facebook

If yous determine to apply Facebook for managing your money, consider the following tips.
- Password. A password helps to keep your fiscal information secure. After your first successful transaction, you'll see a prompt asking if you'd like to apply your countersign for future transactions. You should definitely do this to stay on the safety side, and of course, always keep your countersign secure and secret.
- Scammers and hackers. Don't let this new functionality make the work of scammers and hackers any easier. Alarm bells should instantly sound if a friend or friend-of-friend requests money out of the blue without prior discussion. That person'south Messenger account could have been hacked. Brand sure yous're communicating with the right person past calling or video-chatting with them before you brand a payment.
- Personal details. Think to never share your personal details with people you don't know. When you desire to commutation personal information with a trusted friend, consider using a different app or platform so your information tin't be hands compromised by any single app or website.
Ultimately, Facebook Pay could make life simpler when it comes to things like splitting the dinner bill or repaying a friend for a movie ticket. Information technology'due south quick and like shooting fish in a barrel and, all-time of all, gratis.
Pros
- Safety backed by Facebook. The social networking giant encrypts every message sent through its messaging service and uses a 2d layer of encryption for coin transfers. If you have a newer iPhone or iPad, you can use your fingerprint to complete your transaction.
- Piece of cake payments through a familiar system. If you already use Facebook Messenger, sending coin is a natural extension of something you already do.
Cons
- Up to five days for receipt. Although money is transferred right abroad, yous may accept to look a few days for your bank to approve the transaction.
- Businesses can't utilise information technology. Facebook supports personal transactions between family and friends only.
- Just available in select countries. Every bit of this writing, you tin just send or receive payments through Facebook if y'all live in the United states of america, the Uk or France.
Bottom Line

At that place are many money transfer apps out in that location that can assist you transport funds to a friend or family unit member in minutes. Facebook's Messenger makes it convenient to transport using a social media website that yous might already spend a lot of fourth dimension on. If you lot program to send a lot of money, send money overseas or make regular payments, yet, we suggest you compare more money transfer options to notice the right 1 for you.

Compare other services that send money within the US