Now Send Money Anywhere Using Your Facebook Account

Facebook has unveiled a new service that allows you to send money via its instant messaging app. It's the service similar to other messaging apps such as Snapchat, Square and Venmo, where you can transfer money to other people.

As this service runs on Facebook, that means its going to reach and used of vast no. of people across the world. This is going to be a lot easier to send and recieve money wherever you want.

Facebook is quickly transforming itself into an ecommerce engine with some advanced payment tools trusted by millions of Facebook users to store their debit card information into the company's system. Facebook is also transforming its way in the same direction like Apple and Google did, it just don't want people to spend time but also to spend their money.

Snapchat - a messaging app also started a similar service earlier, but it's not as famous as Facebook, and even it hasn't got a huge collection of service compared to Facebook.

Currently Facebook is the only social networking site with more than 1.3 billion users worldwide, and the Facebook messenger is used by more than 500 million users. That's the reason, the payment service of Facebook is going to be used by more people than any other payment services prevailing.

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Now as Google, Apple and Facebook and started this payment services, the ony question that arises, is do people really want these companies to handle your existence. They already know your likings, your friends and now do you really want them to know about monetary expenditures.

About Anna Harris:
Anna Harris working as web content writer and a strategist for a major IT firm Hidden Brains specialized in various mobile application development services for iOS, Android, Windows Phone and other operating systems.

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