How to Send and Request Money with Facebook Messenger in simple steps

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Facebook Messenger allows you to send and receive money, as long as you have a debit card issued by a US bank. Once you’ve added your debit card, you can send money to other people on Messenger, or request payment.

This makes paying your friends back for the movie, or getting rent from your roommate as simple as a few taps. Sending money on Facebook is a free service and Facebook does not charge any fees.

1. Add Card; Open the Profile (Android) or Settings (iOS) tab in Messenger. You can send and receive money using the Messenger app by adding your debit card to your Messenger account. To begin the process of adding your card, open the Profile or Settings tab in the Messenger app.Adding a card allows Messenger to deposit and withdraw money to and from your checking account. Transfers may take up to five business days to process.Sending and receiving money is a free service in Messenger, and Facebook does not collect any fees.Messenger payments are currently only supported in the US.

2. Tap “Payments” to open the payment method options. You’ll be able to add a debit card from this menu, as well as review your payment history.

3. Tap “Add new debit card” to add your card.Only bank-issued MasterCard and Visa debit cards are currently supported. You cannot use a credit card, pre-paid debit card, or PayPal card.[1]

4. Enter your card information. Enter your debit card number, expiration date, security code, and billing zip code. Tap “Save” once you’re finished.Messenger does not currently support cards from all banks. If your card is not accepted, try again in a week or two to see if support has been added for your bank or credit union.

5. Add a PIN (optional). In the Payments menu, you can set a PIN for the card you added. This PIN will be required whenever money is sent from the device. Don’t use the same PIN as your ATM or use your device’s lockscreen passcode.

Sending MoneyEdit

1. Open a conversation with the person you want to send money to. You can start the process from any conversation, including group conversations, as long as the person you want to send money to is in it.

2. Tap the contact’s name in the top of the screen, if there is only one person in the conversation and tap “Send or Request Money”.If there are multiple people in the conversation, you’ll be prompted to select the person you want to send money to.

3. Type the amount of money using the onscreen keyboard. There is no real limit to the amount you can send, though the federal limit for these transfers is $10,000 a day.

4. Enter a reason in the “For” field (optional).You can include a quick note with the payments explaining what it’s for (e.g. “rent” or “tickets”). This is optional.

5. Tap the “Pay” button underneath the (for) box to send the payment. The payment notification will be sent to the conversation, and the recipient can receive the money.The recipient will only be able to receive money if they add a debit card to Messenger as well.

Requesting MoneyEdit

1. Open a conversation with the person you want to request money from. If you have a debit card added to your account, you can request money from your Messenger contacts. Open a conversation with the person you want to request money from.Facebook does not allow you to use Messenger Payments for business transactions. If you use Payments to send or receive money for your business, you will lose access to the Payments feature. This is to avoid potential tax fraud, and because Messenger Payments don’t include protections like a retail payment would.

2. Tap the contact’s name in the top of the screen, if there is only one person in the conversation and tap “Send or Request Money”.If you’re in a conversation with multiple people, you’ll be asked to select the person you want to request money from.

3. Tap the contact’s name in the top of the screen, if there is only one person in the conversation and tap “Send or Request Money”.If there are multiple people in the conversation, you’ll be prompted to select the person you want to request money from.

4. Type the amount of money using the onscreen keyboard.

5. Enter a reason on the “For” line (optional).This can be used to help explain what you’re requesting money for, such as “rent.”

6. Tap the “Request” button underneath the (for) box to request the payee to send the money.This will allow you to send a request for money from the other person.The request will appear in the conversation, and the recipient will be able to approve it. The recipient will need to have a debit card added to their Messenger account to send the money, and you’ll need one to receive it.

7. Wait for confirmation that money has been sent. If the other person approves your request and sends the money, you will be notified in the conversation. If Messenger notifications are enabled, your device will notify you.It may take up to five business days after the request is approved for the money to appear in your bank account.