Facebook brings P2P payments to Messenger users in the UK

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"Finally, Messenger payments are offered as a regulated payment service, meaning they're directly subject to consumer protection requirements". Plus, since payments in Messenger use debit cards, as with any other debit card payment, if you see unauthorized charges, you have recourse with your bank.

Facebook has also launched M suggestions for payments into the Messenger app, which uses artificially intelligent virtual assistant M to identify when payment is being discussed in a conversation and present options to send or receive money.

Facebook has revealed it is launching peer-to-peer (P2P) payments for Messenger in the United Kingdom - here's how to use the new feature.

All you need to do is link your debit or credit card to your Messenger account, choose the amount of money you want to send over and press send. This was not an issue when the service launched exclusively in the U.S.in 2015, but it could be a major pain point in Europe, where borders are less of an obstacle to social connections. The functionality of Facebook Messenger P-to-P does not cross borders - a U.K. Messenger user can not send funds to a French recipient and vice versa.

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Sending and receiving dosh with Messenger sounds like a dawdle, according to Facebook's instructions.

As reported, to send or receive money, a user has to add his or her debit card details which will become the payment account.

Facebook is making it easier to send money to your friends, and bug them for any cash they owe you. With these existing and entrenched habits for payment already in place, Messenger may have some difficulty in gaining traction. It may take one to three business days to make the money available depending on the person's bank, just as it does with other deposits. Square has a similar product called Square Cash, and PayPal's Venmo has been a popular choice for younger users in particular.

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