Previously, users could only select a debit card for transactions on Facebook Messenger. From now on, Messenger will also add support for PayPal before Venmo, the popular transaction app owned by PayPal.
You will also receive notifications from Messenger about recent PayPal transactions.
Albeit it’s a messaging app, Facebook has been converting Messenger into an absolute business of its own slowly. The ability of money transaction was a small part of that process, where PayPal is just another option.
This is a great achievement for PayPal with 192 million users worldwide. And, as 40% of U.S. mobile users are already using Facebook’s messaging platform, it could be easier for PayPal to profit from its exposure to Facebook Messenger’s sizable user base. However, currently, only the U.S. users will be able to use the PayPal transactions via Messenger. It’s still not sure when it will arrive in other countries.