05
Facebook Messenger
California , USA
79
The popular social media messaging app allows users to link their accounts with debit cards or PayPal accounts , allowing them to make payments via mobile : both business transactions and peer-to-peer ( P2P ). Currently , Facebook only allows payments to recipients in the same country , and its peer-to-peer facility it set to be discontinued on 15 June 2019 . This could be related to the news that Facebook is also looking to launch its own cryptocurrency using the WhatsApp messaging platform owned by the company , allowing payment transfers all over the world . It ’ s likely the Messenger app will , however , continue to be vital for small businesses which are supported through Facebook SMB .
www . fintechmagazine . com