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PayPal Send Money: A New Facebook App

Send money with personalized greeting cards to your friends

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PayPal has a new Facebook app, which lets you send money to your friends with or without a greeting card. The app is simply called PayPal Send Money, and it’s in beta. The description on the app page says:

Send money to friends and family with PayPal, and include a customized greeting card for that personal touch. With hundreds of cards to choose from, we have the perfect card for any occasion.

PayPal Send Money is the fast, secure, and social way to send money for gifts, special events, or any occasion. The Send Money Facebook app provides the same level of security trusted by millions of PayPal users.

Users are presented with the option to either send a card with money, or just send money. It requires you to give permission to see your friends list. You can send money to a Facebook friend or anyone with an email address.

Send Money on Facebook

Note that while the app will post the card to the person’s wall, it will only display the money to you and the recipient. On the wall, it will look something like this:

Send Money

You can personalize it by including pictures, YouTube videos, or videos recorded with your webcam.

Then, just add the amount you want to give them. You can even control the currency right from the app.

Hat tip to Mashable for first reporting on the app.

In other PayPal news, the company is warning people that they need to upgrade their browsers if they’re using old ones. They’re displaying messages to this effect on PayPal.com. PayPal Chief Information Security Officer Michael Barrett writes on the PayPal Blog:

The reason is simple. Browser vendors make significant investments in security functionality from one version of a browser to the next. As security bugs are found in browsers – and this happens on a surprisingly regular basis – vendors will only issue fixes for those bugs in the supported versions of their browsers. This means that it’s important to keep your browser up-to-date, so you can take advantage of the improved security in the newest version.

However, a small percentage of Internet users aren’t aware of the risks posed by older browsers and continue to use the more unstable versions, which is why we’ve implemented a system of “gentle reminders” on paypal.com. These reminders don’t force anyone to upgrade, but they are persistent enough that we hope people notice them and take action accordingly. At PayPal, we believe security is of the utmost importance.

PayPal Send Money: A New Facebook App
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  • http://www.TheOkayNetwork.com Steven

    I love when companies try to work with another company than work against it by creating a competing product, like Google is with Google Wallet. I can chat using Facebook chat in Yahoo Messenger, and so Yahoo gets the importance of working with instead of creating their own social networking site. See, if Google+ were more of a hub of all your social networking stuff, then since these social networking sites all have API’s, you could have simply used Google+ to see all your social streams in one single place, but instead Google+ wants to be a social networking site on it’s own, not a hub. I would think since Google’s main focus is search that it would have welcomed to be the hub of everything social. However, they’re trying to become #1 by making the +1 rankings matter in search, not by creating a better social networking site. That’s really an anti-competitive practice and basically instead of saying, “hey we got a better social network site than Facebook”, they’re using their search engine to force people into Google+, especially businesses that publish online and especially brands. So the push there is really businesses pushing the visitors to use Google+ so they can +1 their websites and gain rankings. This is going to be the next version of link spam. I would think that Google has enough problems with link spam to be creating another signal for publishers to spam it up. Imagine things like viruses who aren’t interested in your credit card info, or other personal information, but simply interested in seeking out Google+ members and +1′ing sites without the user even know it’s going on. Like if you happen to do a search and come across a certain site, the virus will +1 that site as if you were actually doing it yourself, making it look like it was a legitimate +1.

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