📺 Stream EntrepreneurTV for Free 📺

Facebook Users Across the U.S. Can Now Send Money Via Messenger By linking a debit card to Facebook Messenger, you can send and receive funds through the social network.

By Brandon Russell

entrepreneur daily

This story originally appeared on TechnoBuffalo

Last month, Facebook began rolling out a new payment platform inside its Messenger service, though it was only available to those in New York City. On Tuesday—and following an option to sign up for Messenger without a Facebook account—the social networking is making the payment option available to everyone across the U.S.

The new payment option is similar to the litany of other p2p services on the market. Simply link your debit card, and you're ready to start paying friends (or receiving funds). The best part is that no fees are involved. You and your friends will need to have a checking account linked for the feature to work.

In chat, you'll see a money icon under the "Type a message…" prompt. Press it, type in the amount you want to send, and hit Pay. Facebook says payments can take up to three business days depending on your bank. Otherwise, it's fairly simply, and directly takes on services like Venmo—assuming you don't mind having your bank account linked to Facebook.

Facebook says its service is private and secure, but it still helps to be extra cautious when using a p2p service that's also a social network.

Brandon Russell covers tech news for TechnoBuffalo.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Money & Finance

12 Books That Self-Made Millionaires Swear By

The bookshelves of millionaires can inspire you to build your wealth. Here are 12 must-reads they recommend.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Devices

Stay Focused and Accessible with These $40 Conduction Headphones

These headphones sit on top of your ears, so you can take calls while staying tuned into your surroundings.

Green Entrepreneur®

A Deer Invasion in Hawaii Has Turned Into an Environmental Crisis—And a Sustainable Business Opportunity

How Maui Nui Venison built a for-profit harvesting business that protects the land and helps the local community.

Devices

Keep the Office Cool This Summer with $10 Off a Klima Thermostat

The Klima Smart Thermostat can turn your existing mini split, heat pump, or AC into a smart unit.

Starting a Business

Clinton Sparks Podcast: Founder of Chuck E. Cheese, Atari Discusses Innovation and His Advice to Young People

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.