BlackBerry has announced an update for BlackBerry Messenger (BBM) that brings PayPal integration. The new integration lets you instantly send money to your contacts.
With PayPal integration, BBM now allows you to make cash transactions without even installing a separate PayPal app. You firstly need to connect your PayPal account with BBM to start using the new integration.
Once the PayPal account is connected, you can send money by tapping ‘Send Money’ icon in BBM. The money sent will be received to the recipients when they also connect their PayPal accounts to BBM.
This makes it easy to send money to a remote location where there is just a few ways to get money. However, both the parties still need PayPal accounts on their end to send and receive money through the new integration.
The PayPal integration into BBM is started rolling out for select users in Canada on BlackBerry 10, Android and iOS. Although it is initially rolling out as a beta experience to some Canadian users, both the companies are planning to expand it across some other regions in the coming future.
BlackBerry’s move to integrate PayPal into BBM appears to be a competitive step against other instant messaging apps. Moreover, peer-to-peer (P2P) payments is becoming one of the emerging features on instant messaging apps.
Earlier this year, Facebook Messenger got the payments feature to let users send their money to any of Facebook friends. The feature was designed a way similar to what BlackBerry has just added to BBM, but it required debit card details instead of a PayPal account for making payments. Also, it is currently limited to the US market only and would not be available to other regions sometime in the coming future.