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Tuesday, February 21, 2017 9:39:17 AM
We really should be suing Facebook next. Our VPLM patents cover e-payments.
Facebook Messenger Now Lets You Send Money With Transferwise
by Jeremy Kahn
February 21, 2017, 2:55 AM PST February 21, 2017, 4:46 AM PST
Popular U.K.-based service launches Facebook Messenger bot
Joins other payment companies seeing future in messaging apps
International money transfer service TransferWise Ltd. has announced an integration with Facebook Inc.’s Messenger that will let people set up foreign exchange transactions over the chat service.
London-based TransferWise launched the technology as a bot -- a piece of automation software that understands natural language -- baked within Messenger. The bot, which is free to use and doesn’t affect prices or rates offered, will talk users through the process of arranging an international money transfer with TransferWise.
The bot will also allow people to set alerts to notify them when a particular foreign exchange rate they are interested in hits a certain level.
The service is available for payments to and from the U.S., Canada, Australia, the U.K. and Europe, the company said Tuesday. It said it would later expand the offering to all 50 countries -- and 600 currency exchange pairings -- that TransferWise supports.
In launching a bot on Facebook, TransferWise joins a growing lists of foreign exchange and payment companies experimenting with sending money over messaging apps, which many people think will gradually replace standalone mobile applications as the primary e-commerce platform.
Azimo Ltd., a foreign exchange transfer service that is a rival to TransferWise, announced an integration with Facebook Messenger in August. PayPal Holdings Inc., Stripe Inc., Visa Inc., Mastercard Inc. and American Express Co. already have payment bots on Facebook Messenger, as does the China-based Alipay.com Co Ltd.
WHEN APPLE FALLS FROM THE TREE MONIES COLLECTABLE FROM THE INTERNET TREE WILL BE UNBELIEVABLE...
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