Facebook Turns to Money Transfers

International money transfer service TransferWise has announced an integration with Facebook’s Messenger that will let people set up foreign exchange transactions over the chat service

The service is available for payments to and from the US, Canada, Australia, the UK and Europe, the company said Tuesday. It said it would later expand the offering to all 50 countries — and 600 currency exchange pairings — that TransferWise supports.

In launching a bot on Facebook, TransferWise joins a growing lists of foreign exchange and payment companies experimenting with sending money over messaging apps, which many people think will gradually replace standalone mobile applications as the primary e-commerce platform. 

To read the article titled, “Facebook messenger now lets you send money with transferwise” click here

Source: 
MoneyWeb

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