Facebook excludes its P2P payment service in the UK and France after the Messenger-based service has not resonated with consumers.
In 2017, Facebook caught up with all the major UK banks and card companies for the first expedition to service outside the US, where it launched in 2015.
To send money through Messenger, users must press the blue plus icon in a chat and select the payment option. On the first payment, users from both sides of the chat were asked to provide the details of the debit card and then enter the amount they wanted to send.
The reciprocal nature of the filing process appears to have been a major stumbling block in the acquisition.
A Messenger spokesperson said, "We are ending the ability to send and receive payments in Messenger in the UK and France with effect from June 15. After evaluating how to give people the best experiences in Messenger, we have decided to focus our efforts on experiences that people find most useful. Users were notified in preparation for this change. "
The ability to perform other transactions, such as Donations to nonprofit organizations remain.
Editorial | what does that mean?
This content has been selected, created and edited by the Finextra Editorial Team for its relevance and interest in our community.