PayPal Payments and Notifications Are Coming To Facebook Messenger (venturebeat.com)

PayPal has announced that it's rolling out as an additional payment option within Facebook Messenger, which currently supports payments via debit cards. From a VentureBeat article: PayPal has been pushing to expand its reach into the consumer realm, having struck partnerships with MasterCard, Visa, Vodafone, and Alibaba, among other companies in the past few months alone. With Facebook Messenger on board, this opens PayPal up to a potential one billion users. Facebook first unveiled plans to expand Messenger beyond a messaging app and into a platform last year, letting retailers connect with customers on one of the world's most popular messaging services. Retailers including Everlane and Zulily were among the first partners announced, while big-name brands such as KLM have since signed up to embrace Messenger as a platform.

Comments

Take my money, please!

[DogDude]

This is going to be big. People love to hand over their personal information to Facebook. They love to hand over their money (and banking rights) to PayPal. Put them both together, and now people can have ONE corporate master! It's a win-win for everybody!

Re:Take my money, please!

[Anonymous Coward]

You're snarking of course, but in reality Facebook wouldn't be Facebook without folks willingly handing over their personal information, nor would Pay Pal be Pay Pal without folks willingly handing over their money.

Re:Take my money, please!

[cayenne8]

Amazing....

I guess I'm one of the last 3 people on earth that never have had a FB account and still find pleasure of using cash for most of their transactions...at least the ones in meatspace.

That being said, I do use an amazon store card (mostly) for amazon purchases that qualify for 6-24 mos interest free, or just pull cash out of my bank acct. which I did authorize them to do....

Re:Take my money, please!

[tripleevenfall]

I'm not sure there are 3 people like that.

I for one welcome our personal information cataloging, you-are-the-product, electronic payment processing overlords. I'd like to remind them that as an unremarkable Slashdot poster, I could be helpful in astroturfing others into toiling in their transaction fee caves!

That's nice

[Anonymous Coward]

But I wonder what this is doing on Slashdot.

Incoming Fraud

[Archangel Michael]

This is going to open up whole new arenas of Fraud. Imagine a "fake" reseller "NlKE" selling fake Sneakers that never come.

(Please note that is not an "I" (capital i) that is an "l" (lower case L) )

Incoming Message from NlKE, "%50 off all NlKE sneakers! Buy now using PayPal!"

Please file under "what could possibly go wrong"

Re:Incoming Fraud

[ganjadude]

and with paypal behind it you KNOW it will be bad. Irecall a time i sold something that took 2 days longer than expected to get there so the customer complained and got their moneyback. 2 days later when it showed up fine no problem got the money back on my acct. well minus the 10 dollars in paypal fees that never should have been applied in the first place. they would hear none of it. Id have better luck working with big banks than paypal trying to get my money back

Re:Incoming Fraud

[Anonymous Coward]

Getting a full refund from PayPal takes like 2 clicks. They are the most buyer friendly entity around. Its the sellers who get screwed on PayPal and not buyers though this is increasingly true with every payment processor and not just PayPal.

Re:Incoming Fraud

[Anonymous Coward]

Paypal allows buyer's remorse forced refunds for up to 6 months. This is why I don't accept paypal for any transactions online any longer.

In a guitar community I frequent there are numerous stories of a seller's bank being drained months after the return period ended and receiving a damaged item in return by mail. (And all for the pleasure of paying their high transaction fees)

No thanks.

Re:Incoming Fraud

[Anonymous Coward]

Facebook have been running their own ad network for years now, so they've had plenty of time to learn how generic frauds happen. Combined with Paypal tech and experience, that will not be the demise of this idea.

I know PayPal is sketchy if you're a seller

[Anonymous Coward]

But as a buyer, who has only ever used PayPal to buy things either off of eBay or a random dodgy website I don't want to have my CC info directly, what's the danger in using it? Serious question here, btw.

Facebook I understand. Never, not even once. Just not sure if PayPal is somehow just as dangerous and I never realized it.

just took a piss

[Anonymous Coward]

feels good

such a good idea... NOT!

[Anonymous Coward]

Then you sell a fraction of a bitcoin and get banned for all eternity from using PayPal.. And they will close several of your un-associated business accounts to..
And they are still keeping all my money for a few months just in case someone would make a charge back..

Today's feed

[Oswald McWeany]

Joe paid Jane $20 for "last night".

Jane liked this.

Does paypal support buttcoin?

[Anonymous Coward]

I like to stick pennies in my butt. The Dr told me not to (after an ER visit) but it feels really good. I tried nickels and even a quarter once but it was too big!

What is this FB you keep railing on about?

[WillAffleckUW]

Is it like SnapCat for Cryptkeepers?

Let me Heart that for you 3>

Re:What is this FB you keep railing on about?

[Anonymous Coward]

It's kinda like myspace, with more ads and less privacy.

Re:What is this FB you keep railing on about?

[WillAffleckUW]

Ooh, even less privacy! sounds like a winner!

Re:What is this FB you keep railing on about?

[ganjadude]

yeah but.... no glitter tag!!!!

Oh! A new platform for "IRS" Scammers?

[wardrich86]

Can't wait to see this one pan out.

Regulate Paypal

[Anonymous Coward]

PayPal continues to get more powerful and influential, yet regulators aren't doing a thing about it. You have to wonder about that.