Facebook is making a very big push in the mobile payment space.
In the upcoming months, Facebook Messenger users will now be able to send money to friends within the app. "Easy, Secure, Free,” says the Facebook announcement.
- Facebook Messenger has over 500 Million monthly active users
- Of these users there are nearly 80 million payment cards already on file, thanks to Facebook being a trusted payments processor for gaming, advertising, and donations since 2007