Facebook to shutter Messenger payments in UK
Facebook has announced it is ending its peer-to-peer Messenger money transfer service.
Users will no longer be able to make payments through Messenger in the UK or France from 15 June.
But the service will continue in the United States, and users will still be able to make charitable donations in Europe.
Users of the peer-to-peer payments function have been receiving messages informing them that the service is shutting down.
Facebook first experimented with peer-to-peer payments in 2017 in what was seen as a play for the market currently dominated by Paypal.
It was thought that the service could gain particular traction in developing countries in which access to banking services remains a major problem.
But now it seems that Facebook’s remittance journey is at an end, at least in Europe.
In a statement, the social giant said: “On 15 June 2019, we will discontinue P2P services on Messenger or through Facebook messages for all residents in the UK and France.
“While you won’t be able to exchange money with friends and family, you’ll still be able to complete other transactions through Facebook, such as making donations to charitable organisations.”