How Long Does A Facebook Messenger Money Transfer Take

Instant withdrawal fee

$9,999

Maximum transfer amount (verified)

Details

Details

Product Name	Facebook Messenger
Fees to send	No fees
Instant withdrawal fee	0%
Free withdrawal speed	Upward to 1 business concern solar day
Payment method	Debit card
Means to receive	Debit menu
Maximum transfer amount (unverified)	$nine,999
Maximum transfer amount (verified)	$9,999
Supported devices	iOS app, Android app
Customer support	Phone
Supports international transfers?	No

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1. Create or sign in to your Facebook account. You'll need to exist active with Facebook to access Facebook Messenger and begin sending money to your contacts.
2. Add a payment method. From the "Settings" menu, navigate to "Payments" and choose "Business relationship Settings." From in that location, yous can add a US bank-issued debit card or link your PayPal account. PayPal payments are only available when sending on the Messenger mobile app.
3. Start your transfer. Create a new message and click or tap the dollar sign nigh the lesser correct corner. A smaller pop-upwardly window will ask you to input the dollar amount you're paying or requesting and what the payment is for. Choose which payment method you want to utilise and then choose "Pay." Yous can transfer money betwixt other Facebook users merely.
1. You receive a message on Facebook. Notification of your asking or payment will appear in Messenger just like any other bulletin.
2. Accept or deny the payment request. If you accept the asking, the amount will exist withdrawn from your linked business relationship. If yous deny it, the person who requested the coin will receive notification.
3. Accept or deny the payment. If you've received a payment, you tin accept information technology for firsthand deposit to your linked business relationship. Yous tin can as well deny the payment if you don't recognize the sender or are otherwise wary.
Facebook encrypts payments and user information to safeguard your money and transaction details. It also requires yous to confirm your identity at times, either with personal information or PINs. Facebook'due south payment system hasn't suffered a single security breach since its launch in March 2015.

Like other services, Facebook'south payment system is however susceptible to scams. To use Facebook's payment system safely, avoid clicking on links from people yous do not know or paying people you have not met in person.

Tips to go on your finances safe on Facebook

If you make up one's mind to use Facebook for managing your coin, consider the following tips.
- Password. A password helps to proceed your financial data secure. Afterwards your first successful transaction, you'll see a prompt asking if y'all'd like to use your password for future transactions. You should definitely do this to stay on the safe side, and of course, always proceed your password secure and secret.
- Scammers and hackers. Don't let this new functionality brand the work of scammers and hackers any easier. Alert bells should instantly sound if a friend or friend-of-friend requests money out of the blue without prior discussion. That person'due south Messenger business relationship could have been hacked. Make sure you're communicating with the right person by calling or video-chatting with them before you make a payment.
- Personal details. Call up to never share your personal details with people you don't know. When yous want to exchange personal information with a trusted friend, consider using a unlike app or platform and so your information tin can't be easily compromised by whatever single app or website.
Ultimately, Facebook Pay could make life simpler when it comes to things like splitting the dinner nib or repaying a friend for a movie ticket. Information technology'due south quick and piece of cake and, all-time of all, free.
Pros
- Safety backed past Facebook. The social networking giant encrypts every message sent through its messaging service and uses a 2d layer of encryption for coin transfers. If you have a newer iPhone or iPad, y'all can utilise your fingerprint to consummate your transaction.
- Easy payments through a familiar system. If you already utilize Facebook Messenger, sending money is a natural extension of something you already practice.
Cons
- Up to five days for receipt. Although money is transferred right abroad, you lot may have to wait a few days for your bank to corroborate the transaction.
- Businesses tin can't employ information technology. Facebook supports personal transactions between family and friends only.
- Just available in select countries. Every bit of this writing, you can but send or receive payments through Facebook if you live in the United States, the United Kingdom or France.
Bottom Line

At that place are many money transfer apps out in that location that can aid y'all ship funds to a friend or family unit member in minutes. Facebook's Messenger makes information technology convenient to ship using a social media website that y'all might already spend a lot of fourth dimension on. If you programme to send a lot of coin, send coin overseas or make regular payments, even so, we suggest you compare more money transfer options to find the correct ane for y'all.

Compare other services that ship money within the United states