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# Facebook Messenger Gets Peer to Peer Money Transfer Feature

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<!-- video src="https://cdn.jwplayer.com/manifests/aDM6FTmM.m3u8" -->
## Video: Facebook Messenger Gets Peer to Peer Money Transfer Feature

[Watch (HLS stream): Facebook Messenger Gets Peer to Peer Money Transfer Feature](https://cdn.jwplayer.com/manifests/aDM6FTmM.m3u8) (1:12)

![Facebook Messenger Gets Peer to Peer Money Transfer Feature](https://cdn.jwplayer.com/v2/media/aDM6FTmM/poster.jpg?width=720)

_Published 2015-03-17. Facebook’s messenger app is getting a new feature that will allow friends to send money back and forth through the app for free._


---

Jul 27, 2023 6:03 PM UTC

---

## More From This Series

[All Videos](https://time.com/video/)

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### What Do You Do When Your Boss “Friends” You on Facebook? MONEY

[Send Money to Friends in Messenger-HD](/video/yylNAzZN/)

### Send Money to Friends in Messenger-HD

[Facebook Forces Messenger Migration](/video/qY1ThBHk/)

### Facebook Forces Messenger Migration

---


## Transcript

Facebook is continuing to add lifestyle features to its social media site, with the newest one designed to make transferring money a little easier. [ MUSIC ] Facebook's messenger app is getting a new feature that will allow friends to send money through the app for free. Facebook did not disclose whether there will be a limit to the amount of money that can be sent from one person to another. The app was unveiled Tuesday, but is not available to everyone, just yet. Facebook says it'll be rolling out the new feature, in the U. S ., over the coming months. [ MUSIC ] The feature is very similar to Snapchat's Snap Cash, which allows users to type in a certain amount of money.

And send it to another friend on app. Snapcash is in partnership with mobile payments company Square, which provides the security for the transaction, and processes the payment. And while Snapchat's new feature beat Facebook to the punch, Facebook says its messenger app has more than 500 million monthly active users. about 300 million more users f than estimates for the photo vanishing app. According to Facebook the new feature will be made available for android and IOS devices.

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