November 18, 2011
PayPal introduces "Send Money" Facebook application
TORONTO --PayPal has rolled out a new Facebook application dubbed Send Money, which will enable users to send payments to their friends via the social networking website.
Users who want to send money to their Facebook friends can opt for an ecard with money or send directly the money without using a card. Users can also send money not only to Facebook users, but also to anyone with an e-mail address.
Furthermore, peer-to-peer payments via Send Money are free of charge and users will only have to comply with PayPal’s international fees and standard limitations.