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  2. Fintech

You Can Now Send Money with Facebook Messenger Using TransferWise

Published: Feb 21, 2017 1 min read
US-IT-INTERNET-FACEBOOK-MESSENGER
Facebook CEO Mark Zuckerberg introduces a new messenger platform at the F8 summit in San Francisco, California, on March 25, 2015.
Josh Edelson—AFP—Getty Images

Facebook and TransferWise are making it easy for users to send foreign money exchanges.

TransferWise, an international money transfer service, announced its free Facebook Messenger bot on Monday. The bot integrates the two services so users can arrange foreign money transfers without having to leave Messenger, as well as receive exchange rate alerts for as many currencies as they need. For each transfer, TransferWise will offer a step-by-step guide and help for users who run into trouble.

The service can currently be used to send transfers from the U.S., UK, Europe, Canada and Australia. But according to Bloomberg, TransferWise could later expand the bot to all 50 countries the service currently supports.

Other companies have launched similar integrated services with Messenger, Bloomberg reports: PayPal, Visa, Mastercard and American Express all have payment bots on Facebook Messenger.