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Facebook Rolls out Group Payments Feature within its Messenger app

This is a free service and does not require a password

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David Marcus, Facebook Vice President of Messaging Products, watches a display showing new features of Messenger during the keynote address at the F8 Facebook Developer Conference Tuesday, April 12, 2016, in San Francisco. Facebook says people who use its Messenger chat service will soon be able to order flowers, request news articles and talk with businesses by sending them direct text messages. At its annual conference for software developers, Zuckerberg said the company is releasing new tools that businesses can use to build "chat bots," or programs that talk to customers in conversational language. (AP Photo/Eric Risberg), VOA
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New York, April 12, 2017: Facebook has rolled out group payments feature within its Messenger app, allowing users to pay either everyone in the group or individual members.

According to a report in Tech Crunch on Tuesday, users can also request payments from the group right within their chat.

Users can enter the amount they want to request from each person or the total amount to be divided evenly by the group members. They can also mention in a note about what the money is for.

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“A message will appear in the group chat to show who has paid. Those details are available by viewing the request details in full-screen, too,” the report noted.

This is a free service and does not require a password. Available on Android and desktop as of now, the group payments is live in the US since Tuesday.

“Payments is an area of Facebook’s business that hasn’t received as much focus over the years, despite the social network’s potential to collect and store payment data for its sizable user base,” the report stated.

Facebook had introduced person-to-person payments within Messenger in early 2015. Now the decision to expand the feature to group payments coincides the time when Facebook is rumoured to be preparing the launch of a digital payments business in India within its other messaging app, WhatsApp. (IANS)

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Facebook not yet ready with digital payments on Messenger in India

When launched, the new payments feature is set to give a tough competition to Paytm and other digital payment services like Google Tez

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The Facebook's image.
Facebook not ready for online payments. Pixabay

Facebook has no plans as of now to bring digital payment facility to its Messenger application in India, informed sources said on Thursday. “There are currently no tests planned for recharges or peer-to-peer payments on Messenger in India,” the sources told IANS.

Factor Daily had reported that Facebook has begun a beta version of recharge payments for mobile phone and other prepaid services on Messenger. “Mobile recharge option is a Facebook ‘Marketplace’ offering — which is actually going on as a pilot test which is right now available to only Android users in some regions,” the sources added.

The icon of Facebook.
Facebook has many fake profiles. Pixabay

Launched in 2016, Marketplace is a user-to-user exchange platform for buying and selling goods with others within the community. Currently, the peer-to-peer payment service on Messenger is available for its users in the US and the UK.

More than 1.3 billion people around the world are now using Facebook Messenger every month. The growth of Messenger now puts the app at par with Facebook-owned WhatsApp which also has over 1.3 billion monthly active users (MAUs). WhatsApp, however, has rolled out the testing phase of its digital payment feature in India — a first such move globally — which will be officially rolled out to its over 200 million Indian users in the days to come.

Also Read: Facebook introduces new privacy updates for EU users

When launched, the new payments feature is set to give a tough competition to Paytm and other digital payment services like Google Tez. The payments feature would take advantage of UPI (Unified Payments Interface) and include support by a number of banks, including the State Bank of India, ICICI Bank, HDFC Bank, and Axis Bank. IANS

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