Social Payments is now becoming more popular amongst various social users and after launched of Facebook Credits every single social networking website keep updating their payment method for users and now Facebook is become first Social Networking website which will allow its users to send money to PayPal with its social application. PayPal has revealed a new Facebook Application that lets you send money to friends.
The new PayPal Facebook App is simply called "Send Money", as the name indicates that users will be able to just Send Money to any friends. You will have the choice to send either an ecard with money or just money with no card. If you select a card, choose a friend to send it to and then select how much money to send. According to PayPal Spokesman Anuj Nayar;
"The PayPal and Facebook infrastructure have now merged; this is another way to personalize the act of giving money."
There are also several ways to pay with PayPal via Facebook (Payvment comes to mind), this is the first app to enable peer-to-peer payments via Facebook and PayPal. And because it's a peer-to-peer transaction, there is no transaction fee, though PayPal's regular limits and international fees still apply. According to PayPal Senior Product Marketing Manager;
"Sending money, person to person, is free, if it's funded by a PayPal balance or linked to a bank account, it's free."
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