(photo credit: www.pixabay.com)

Maybe you made a bet with a friend over a hockey game and lost, or you just bought a car off of Craigslist. How can pay your people? Cold hard cash always works. Now you can send money on Facebook, as well.

Canadians can now send and receive money internationally using the social media site’s online service.

You’ve been able to use Facebook Messenger to complete transactions using PayPal Holdings Inc., Stripe Inc., Visa Inc., Mastercard Inc. and American Express Co for a while now, but now you can do more.

Users can send and receive funds between the U.S., Canada, Australia, the U.K. and Europe through a bot  created as a partnership between the money transfer service TransferWise Ltd and Facebook.



(photo credit: www.pixabay.com)

TransferWise Ltd is based in London, England.  It’s reported that Facebook hopes to someday offer this convenient service  to all 50 countries that TransferWise operates in.

Not comfortable sending your earnings through social media?

If you don’t like the idea of using Facebook, the site you share your troubles, family photos and dumb cat videos on for your banking, remember the good old ways still exist. There’s always Western Union and other money transfer services to save the day.

What will you get next from Facebook? Hard to say.



(photo credit: www.pixabay.com)

If you want to order a drone to bring you McDonald’s through your bedroom window or watch your favourite shows directly through the site, you'll have to wait, though. Maybe some day.