How To Send and Receive Money With Facebook Messenger

Facebook Messenger isn ’ t just for chatting. You can besides send money to ( and request payments from ) friends on the Facebook chopine. If you spend a distribute of time in Messenger, this may be a commodious option for sending and receiving money on-line .

How Facebook Messenger Payments Work

You can use Facebook Messenger on your desktop or make in-app payments from a mobile device. Making payments is a free process whether you send or receive money.

One advantage of using Facebook Messenger to send and receive payments is that you can well split the monetary value of something with respective people. For exercise, if you plan a group outing on Facebook, members in a group discussion can repay person who organizes and pays a book tip. While payments feel easy and informal, there are respective requirements to use Messenger for making transactions :

  • You need to have an active Facebook account.
  • You need to fund payments with a U.S. bank-issued Visa or MasterCard debit card, or with a PayPal account. Some prepaid cards may work, as well.
  • You must be 18 or older to use the service.
  • All parties involved must live in the U.S.

How To Send money

Sending money with Facebook is about arsenic easy as sending a private message. Whether you choose to send through the Messenger app or through the Facebook web site, these are the steps involved :

  1. Start a private conversation in Messenger with the person you want to pay.
  2. Tap the “+” icon for more actions.
  3. Use the “$” icon to view the payment screen.
  4. Enter the amount you want to send. 
  5. Push the “Pay” button to send the money.

If you have never provided requital information to Facebook, you will see a “ next ” button rather of the “ Pay ” button .

Your first payment

To use Messenger payments for the first clock time, you need to provide fund information. It ’ mho easy to submit this information as you go through the summons of making a payment, but you can besides add or change fund methods in Facebook ’ second settings .

To add a fund method, enter your debit poster number or PayPal report information, along with any early required information. You besides have the opportunity to set up a personal identification count ( PIN ), which can help prevent unauthorized payments. Choose a code that is hard to guess and that cipher else knows. If you want extra security, you can require a fingerprint match or facial recognition on some devices .

Debit tease payments pull money out of your checking report about immediately. Make certain you have sufficient funds in your report to avoid overdraft charges, bounced checks, and other problems before you make a requital with Facebook Messenger.

How To Receive money

When you receive a payment, Facebook sends the money to your linked debit tease or PayPal account correctly away. That being said, it may take up to three occupation days for the money to appear in your savings bank account .

Provide Your Account Info

If you do n’t so far have a linked account, you need to provide batting order details or your PayPal account data to accept payments. After you do this once, any future payments go to the linked account .

If You Need Money Faster

If you need the funds to be available for spending immediately, Zelle might work as an alternative to Messenger payments. Funds move directly from one bank to another, then Zelle transfers are typically available within minutes. You might already have access to Zelle through your bank, and payments clear quickly when both your bank and the transmitter ‘s bank work with Zelle .

Are Facebook Messenger Payments Safe ?

Facebook claims that your money and your information are secure. however, whenever money is involved, it ’ south smart to take steps to protect yourself from imposter and other problems .

Beware of Fraud

You can ’ thyroxine delete Messenger payments, although recipients can voluntarily reject payments if you make a err. Plus, Facebook has limited consumer security when you buy something through Messenger. Whenever you make a payment, it ’ sulfur best to assume that the money is gone for good .

alone yield people you know and trust with Facebook Messenger. Double-check to verify person ’ mho identity ( imposter accounts are always a possibility on Facebook ), and look for signs of coarse money scams .

Account Security

To protect yourself, establish a PIN for Messenger payments ( or use biometric security, if available on your device ). Biometric features such as Touch ID and facial recognition are merely available when using the Messenger app on certain devices. PINs and biometric security are optional, and it ’ s wise to take advantage of those security measures when you can .

Data Security

Facebook reports that your personal data and linked report information are encrypted, and the company employs anti-fraud engineering to reduce the chances of larceny. Facebook besides stores your fiscal information individually from your basic profile data, which would ideally help if certain systems are breached .

Facebook primitively developed Messenger payments with assistant from fiscal diligence experts, so it ’ s reasonable to expect relatively robust security. however, even full-bodied systems can get hacked .

privacy

privacy is constantly a concern on-line. however, if you already plowshare everything on Facebook and you ’ re not concerned about privacy, a bit of your fiscal information might not matter .

inactive, data can be mined and analyzed in surprise ways, sol be mindful of how you send and receive money. For example, when you make a payment in Messenger, your name, profile photograph, and payment total are shared with your payee, and the transaction information resides on Facebook ‘s servers.

In group payment situations, all group members can see payment data. If that bothers you, it ’ s best to pay one-on-one .

Account Monitoring

Monitor your linked fund accounts ( your checking account or your PayPal score, for example ) in addition to your Facebook account. Sign up for automated alerts to stay informed about withdrawals from your bank report, and notify your bank immediately if you see transactions you don ’ metric ton acknowledge .

frequently Asked Questions ( FAQs )

How much money can you send through Facebook?

Facebook does n’t advertise any requital limits for its Facebook Pay service. You should be able to send equally much as you have available in your check account .

Why can’t I send someone money on Facebook?

If you ‘re having problems sending money in Facebook, it could be an publish with your ( or your ally ‘s ) connected bank or PayPal account. Payments will besides fail if the recipient role rejects the transaction or if you ‘re trying to send money to person in another country.

How much does Facebook Messenger charge to send money?

Facebook does n’t charge any fees to send or receive money through Messenger. The service is free to all users. Your bank may charge a fee, though .

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