Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc’s chat application, as competition in the digital payments landscape intensifies.
UK-based digital money transfer startup TransferWise via Facebook Messenger
UK-based digital money transfer startup TransferWise will launch a Facebook Messenger chatbot that will enable international money transfer on the platform, according to Reuters.
Messenger has a proprietary service that offers domestic transfers in the US, with Europe likely on the horizon, but TransferWise is reportedly the first to enable international transactions, according to Reuters, though peer firm Azimo also launched on the app last year. Users in Australia, Canada, the UK, US, and Europe will ne able to send and receive funds, as well as set exchange rate alerts.READ MORE