PayPal's new Facebook App for Sending Money to Friends was built by Canadian startup

Posted by Rob Lewis

Social media blog Mashable got the "exclusive" story on PayPal's new Facebook App for Sending Money to Friends this morning but Techvibes has an angle that Canadian tech fans may find interesting.

Social payments are taking a giant leap forward. PayPal has unveiled a Facebook app that lets you send money to friends.

The app, simply titled Send Money, is just as straightforward as its name. You have the choice to send either an ecard with money or just money with no card. You select a card, choose a friend to send it to and then select how much money to send.

If you log-in to your Facebook account and navigate to the Send Money app you'll find "PayPal Send Money operated by ConnectionPoint" in small type in the footer of the page. Vancouver's ConnectionPoint Systems is responsible for the popular FundRazr app which allows anyone to fundraise on Facebook.

Last month when Facebook Founder Mark Zuckerberg was randomly spotted in Vancouver, Techvibes named five reasons why he might be in town. One of them was to acquire FundRazr.

While that rumour hasn't come true yet, if it does we now know how they're going to send ConnectionPoint CEO Daryl Hatton the money.

Company:
FundRazr
Website:
http://www.fundrazr.com
Location:
Vancouver, British Columbia, Canada

Fund anything with FundRazr - the social fundraising platform for everyone. Get your cause noticed and funded with the crowdfunding app that reaches more people and raises more money. FundRazr has raised millions for personal fundraisers, teams, artists, entrepreneurs, politicians and non-profits like Save the Children and the Tiger Woods Foundation. Create a FundRazr for a fundraising idea or cause you care... more

Company:
Facebook
Website:
http://www.facebook.com
Location:
Toronto, Ontario, Canada

Facebook's mission is to give people the power to share and make the world more open and connected. Millions of people use Facebook everyday to keep up with friends, upload an unlimited number of photos, share links and videos, and learn more about the people they meet. more

Company:
PayPal
Website:
http://www.paypal.ca
Location:
Toronto, Ontario, Canada

At PayPal, we put people at the center of everything we do. Founded in 1998, we continue to be at the forefront of the digital payments revolution, giving people direct control over their money. Through our innovations, we make life better for our over 148 million active accounts in 26 currencies and across 203 markets, processing more than 9 million payments daily. An eBay Inc.(Nasdaq: EBAY) company, PayPal is... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more




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