Thursday, 14 November, 2019

Facebook Announces That it Will End P2P Payments in United Kingdom and France

Facebook is shutting down its Messenger P2P payments service Facebook is killing off its Messenger payments service
Russell Knight | 18 April, 2019, 16:57

If we may conclude, Facebook erases their P2P payment services- not just because of its low audience rate- but as part of their soon to introduced own version of the service.

However, the service will continue to remain active in the US, and users will still be able to make donations to charitable organisations in Europe through Facebook.

In news that, reportedly, won't affect many users, Facebook has announced that, effective June 15th, it will remove its peer-to-peer payments option in both the United Kingdom and France.

Facebook first entered the P2P space in Europe back in 2017 with the launch of Payments in Messenger following a successful rollout in the U.S. during 2015. Users will still be able to donate to charities and spend money on Facebook ads, but there won't be anymore family and friends peer-to-peer transfers facilitated on the platform. "Users have been notified in preparation for this change", spokesman explains in an interview.

Fire broke out at Al-Aqsa same time as Paris’s cathedral burned
According to the Palestine News Agency, President Mahmoud Abbas has expressed "deep regret" over the fire at the Notre Dame. The fire broke out at the roof of a structure known as the Al Marwani prayer room in Al Aqsa mosque , GulfNews reported .

France to launch global competition to rebuild Notre Dame spire
Most of the wooden roof beams have been burned, and parts of the concrete vaulting holding up the roof have collapsed. Among past catastrophes, a 1972 fire engulfed the roof of Saint-Pierre-et-Saint-Paul de Nantes.

Israeli spacecraft crashes in final moments before moon landing
About 200 children and parents gathered at President's Reuven Rivlin's residence in Jerusalem to watch the landing. The mission started on February 21, riding on the SpaceX Falcon 9 rocket and entering the orbit 34 minutes later.

Recently, it was reported that Facebook is looking for venture capitalists who can invest up to $1 billion towards their ambitious crypto project.

Navarra shared the image of Facebook notification that has been sent to the users who have used the P2P service in the past.

The company has also acquired blockchain startup chainspace in a bid to leverage DLT skills to its staff.

A Facebook spokesperson told TechCrunch that the company has made the "decision to focus our efforts on experiences that people find most useful", and so it appears the payment platform may not have been as popular as Facebook would have hoped. He is a tech enthusiast and an avid reader.

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