Facebook to let users send money to friends with payment feature

Posted at 6:05 PM, Mar 17, 2015
and last updated 2015-03-17 18:09:53-04

Hey Katie, you owe me five bucks. Can you Facebook it to me?

Facebook announced Tuesday that you can share more than gossip, baby photos and smiley faces on Facebook. Soon you can send money.

The new payment feature works by tapping a “$” icon on the Facebook Messenger phone app and entering in an amount. It requires both giver and recipient to add a debit card.

The service is free, Facebook said in press release, and will be available in the coming months.

Find out more in this Newsy video:

Gavin Stern is a national digital producer for the Scripps National Desk.