Facebook messenger is a famous mobile application, people using nowadays.Millions of users addicted to this app.Nobody is here without having a account in Facebook.The app associate with Facebook earning lot of money through their usage.
While it's proven very popular—it usually tops the free-app listings in both Apple's App Store and the Google Play store—Messenger also has a secret life as a data fiend that gathers information about how people use it, when they use it, where they use it, whether they spend more time in landscape or portrait mode, and much more.
Due to the peoples attraction through this messenger application,facebook updating lots of features to keep the hot mode.
Now Facebook announced a new feature that allows friends to send money to one another through hits Messenger app.But that comes at the risk of sharing even more details of your personal life with the social network.
The process is simple. Facebook added a money symbol ($) sign at the bottom of thescreen,right above the keyboard. Tap the $ symbol and enter an amount. Then add your debit card, and hit send.To accept money from a friend, you’ll open the conversation, add your debit card information, and off it goes.
Facebook says the funds will be transferred "right away," although it adds that your bank may not make the money available to you for one to three business days, "just as it does with other deposits."The service will be rolling out to U.S. users "over the coming months," the company said.Facebook appears to store your debit-card information by default, although you can remove it in Messenger settings.
Facebook presumably also stores a record of your transactions, since it's hard to imagine anyone getting comfortable with a service that wouldn't let them review who they've sent money to and whether the recipient got it.
That's another rich source of data Facebook would undoubtedly love to mine for further insights into your personal and business relationships. It's also information hackers might find useful should they compromise your account.
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