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Facebook’s foray into payments: Should PayPal be worried?

Facebook has a new feature that allows its users to send money to friends using its Messenger app.

Facebook dipped its toes in the payments world on Tuesday, but don’t hold your breath for a PayPal competitor any time soon.After years of speculation that the social network would enter the space, Facebook announced a new feature that would allow users to send payments ...

by Leena Rao  | March 23, 2015 12:00:00