PayPal has launched a Paypal Send Money Facebook app- that lets you send money to friends right from Facebook. Social commerce just got a lot more competitive. The app gives you the option to send either an ecard with money or just money with no card. You select a card, choose a friend to send it to and then select how much money to send. “The PayPal and Facebook infrastructure have now merged,” PayPal’s Anuj Nayar says. “This is another way to personalize the act of giving money.”
How does it work?
You can send a card with money or just send money.
To send a card with money:
- Choose a card and personalize it with a message or a photo or a video
- Choose who to send the card to from your list of Facebook contacts
- Enter the amount of money you want to send
- Login to PayPal to complete the payment. If you don’t have a PayPal account, it takes a few minutes to sign up for one.
- After your payment is complete, your card is sent.
- The card is posted on the receiver’s wall and an email message is sent. PayPal will also send a separate payment notification to the receiver.
To just send money without a card:
- Enter the amount of money you want to send
- Login to PayPal to complete the payment. If you don’t have a PayPal account, it takes a few minutes to sign up for one.
- After your payment is complete, your notification is sent.