Facebook partners PayPal to provide additional payment option

By : |October 25, 2016 0

After adding video and voice calling feature into its Messenger App, Facebook is set to feature additional payment option via PayPal.

The integration of Paypal with Facebook and Messenger will allow customers to transact on Messenger using PayPal’s payment service. It will also be easier for customers to link their PayPal account to Facebook and Messenger.

CIOL Facebook partners PayPal to provide additional payment option

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The company is also planning to provide support for receiving notifications about any purchase through Facebook’s Messenger chat service.

Bill Ready, EVP, and chief operating officer at PayPal said, “This collaboration continues to showcase our march to be a customer champion. We will continue to execute on our vision of offering PayPal in more places where people shop online, in the app and in-store by partnering with companies who share our desire to create meaningful products that benefit both consumers and merchants.”

Facebook has made its move to develop Messenger beyond messaging more than obvious. The company has created thousands of bots enabling them to sell products and services directly to customers within the app.

Moreover, after its latest partnership, Facebook has said it’s also working with others in the industry, including Stripe, Visa, MasterCard, and American Express, not just PayPal and PayPal-owned Braintree.

On the other hand, PayPal, which offers services to more than 192 million users worldwide, has already partnered with MasterCard, Visa, Vodafone, and Alibaba, among other companies in the past few months alone to expand its platform.

Currently, PayPal payment option in Messenger is available only to the U.S. users.

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