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Facebook Messenger Brings PayPal Payments Home To Roost

The payments landscape continues to evolve with partnerships being inked that bring payment capabilities to platforms that consumers are favoring be it for entertainment (smartphones) or communication (like Facebook’s Messenger). With Apple expanding its iMessage capabilities, we suspect it is only  a matter of time before its filling the Apple Pay love.

PayPal is deepening its relationship with Facebook, and will now become one of the payment options within Messenger, among other integrations. That means customers who shop via the growing number of chatbots from online merchants will be able to transact on Messenger using PayPal’s payment service. In addition, as part of this deal, PayPal says it will make it easier to link your PayPal account to Facebook and Messenger, and it will roll out support for receiving notifications about PayPal transactions to Messenger users in the U.S.

Source: Facebook Messenger now supports PayPal payments in bots, will track your PayPal receipts | TechCrunch

About the Author

Chris Versace, Chief Investment Officer
I'm the Chief Investment Officer of Tematica Research and editor of Tematica Investing newsletter. All of that capitalizes on my near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks. In that time, I've been ranked an All Star Analyst by Zacks Investment Research and my efforts in analyzing industries, companies and equities have been recognized by both Institutional Investor and Thomson Reuters’ StarMine Monitor. In my travels, I've covered cyclicals, tech and more, which gives me a different vantage point, one that uses not only an ecosystem or food chain perspective, but one that also examines demographics, economics, psychographics and more when formulating my investment views. The question I most often get is "Are you related to…."

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