Money Sharing Comes To Facebook

2 March 2010

Friends on social networking site Facebook can now send small payments ödeme directly doğruca; hemen to each other via yolu ile an application kullanım called Buxter.

Buxter handles idare etmek transactions işlem in Euros or US dollars, with plans to launch çıkmak in Sterling sterlin in the next four weeks.

Other currencies para, para birimi are subject tabi to a 5%conversion dönüştürme fee ücret at the point of upload to a Buxter account hesap.

The company behind the application is ClickandBuy which operates işletmek an online payment service across the web.

More than 13 million people across the world already have accounts with it, and a ClickandBuy account is required lazım in order to use Buxter.

Transactions between Buxter accounts are free to make and receive but a 1.9% commission fee, minimum 2 euros or $3 (£2), is charged ödetilmek to move the money to another source such as a bank account.

"People share their statuses hal, their information and their pictures on Facebook so the question is why not share money there too?" Christian von Hammel-Bonten,senior kıdemli vice president müdür [amer.] at ClickandBuy told BBC News.

The application is designed for fairly small payments (a maximum of 50 euros (£45) can be held in any one account) and transactions can only be made among arasında people who are friends on Facebook.

Mr von Hammel-Bonten said he hoped people would use the service to pay each other for shared expenses such as cinema tickets and restaurant bills initially başlangıçta.

"We're not trying to compete yarışmak with national banking systems. This is not somewhere to pay your gas or rent," he said.

news.bbc.co.uk