PayPal Ties up With BlackBerry to Provide Peer-To-Peer (P2P) Payments Through BBM Chats

August 15, 2015     By : Priti

BBM has partnered with PayPal to make sending and receiving money via users’ BBM Chats. Users will now be able to connect a PayPal account to the BBM service by selecting the “Send Money” icon. The service is currently in beta version in select BBM users in Canada.

BBM

PayPal is a truly global payments platform that is available to people in 203 markets, allowing customers to get paid in more than 100 currencies, withdraw funds to their bank accounts in 57 currencies and hold balances in their PayPal accounts in 26 currencies.

User can start sending money to family and friends once they’ve also connected their PayPal accounts to BBM. From there, the user needs to simply select the PayPal icon directly in BBM, enter in the amount of money, review the details and hit send.

“Whether you’re paying a roommate back for rent or splitting dinner with friends, buying a group gift or sending your kid some spending money, sending money with PayPal through BBM is easy because it’s where your conversation is already happening,” Matt Gromada, PayPal’s Director of Consumer Product Marketing, said in the post. “People don’t have to leave BBM to send a photo or file. So, why should they have to with money? Pay and get paid in the moment, right in your BBM conversations, using your mobile device.”

Earlier, these messenger apps were used only to chat with friends and family, but now, the trend has shifted from mere chatting and sharing pictures and videos to transferring money.

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Priti

Priti has keen interest in digital money and fintech startups . She completed her B-School education this year and likes to write about innovation with respect to digital payments.