Call it another sign that social media is no longer the exclusive domain of selfies, memes and holiday wish lists.
RBC today announced an update to its RBC Canada app that lets customers send Interac e-Transfers directly to any Facebook Messenger contact without exposing any personal or financial information. The announcement makes RBC the first North American financial institution to allow person-to-person electronic money transfers, and signals the continuing – and accelerating – maturity of social media platforms. When Big Finance deploys transaction-based services using online tools that were initially built to support basic instant messaging, it's one of the clearest signs yet that social media has officially gone mainstream.
Following their customers
Linda Mantia, RBC’s executive vice-president, Cards and Payment Solutions, told Yahoo Finance Canada the goal is to follow customers where they live, and seamlessly integrate services like peer-to-peer payments onto platforms where theyRead More »from Send money via Facebook? Now you can