Japanese e-commerce Rakuten Launched Money Transfer Using Facebook - Payment Processing News

Japanese e-commerce Rakuten Launched Money Transfer Using Facebook

Using Transfer by Facebook, the user can transfer money after logging into their Rakuten Bank account from the Rakuten Bank app, selecting the person they wish to send money to from their list of Facebook friends in the app, and inputting the amount they wish to transfer.The fee-free transfer process can be completed on the app without any of the recipient’s account information and include a 50 character message to accompany the transaction. Money can also be transferred to non-Rakuten Bank account holders, for a fee of Y165. By accessing a URL on Facebook with the transfer notice, the recipient is able to specify a bank account for the money and complete the deposit.

August 7th, 2014 by