How to Send Payments in Facebook - dummies

How to Send Payments in Facebook

By Carolyn Abram

You can use Facebook to send money to friends. This may or may not be a feature that you find useful. It requires both you and your friends to enter debit card info into Facebook, which it stores securely in its systems. Facebook does not charge a fee to send payments between friends.

If you’ve never sent money before, follow these steps the first time you want to send money to a friend:

  1. Tap the $ icon in the bottom of a chat window with your friend.
    A payment interface appears, shown here.
    Sending money to friends.
  2. Type the amount of money you want to send into the payment field.
  3. (Optional) Type in the reason for the payment in the “What is this payment for?” field.
  4. Click the Next button.
    A window opens for entering your debit card info for making the payment.
  5. Enter your debit card info into the relevant fields.
  6. Click the Pay button.
    The money has been sent to your friend. He will need to enter a debit card into Facebook in order to receive the money.

Payments only work with debit cards. Using debit cards allows you to pay directly from your bank account, and allows your friend to put money directly in her bank account. Make sure when you enter your card info, it is for a debit card, not a credit card.

Once you’ve sent money, you can’t cancel the payment. Be sure that you are okay with the money leaving your account before you click the Pay button.