Should in case you are still thinking about what Facebook pay transfer limit means? As we all know that Facebook has released some features recently, Facebook pay transfer limit is also a feature of Facebook where you can be able to do some transactions on Facebook. It has also come to my notice that this Facebook pay transfer limit has not been launched in some countries, which is making it impossible for some regions to enjoy this feature.
I know some people are still asking if Facebook pay has a certain amount of money you can transfer or receive using its service. Many other online money transfers or e-wallet services have varying set transfer limits so, Facebook shouldn’t be an exemption.
Facebook Pay Transfer Limit
As we all know that Facebook e-wallet system allows Facebook users to send and receive the money within the Facebook app, this feature was found in the Facebook app for iOS or Android devices. This platform does not support international transfer which means you are only limited to local transfer.
There is no news that Facebook has announced any limit on the amount of money one can transfer or receive while using Facebook pay, this may be because this feature is new. Facebook has said that this feature is basically made for peer-to-peer payment.
Facebook has placed caution on users that the maximum amount that can be transferred via this system is $9,999
Does Facebook pay Charge Fees for Using its service?
It is clear that there is no service charge, Facebook pay is totally free to use except that the user must have an account with Facebook. It is also noted that without a Facebook account you can’t access Facebook pay.
The service is basically for transactions closely related individuals and can help with issues like bill splitting, little payments, sending other random money, and many more. This makes sense knowing is free.
Is Facebook Pay Safe?
Facebook pay was launched in 2015 and since then there has not been any report from users concerning insecurity or improper management, if at all there is any it is an act of carelessness from the user.
You have to be very careful with your Facebook pay information, avoid an unknown link, avoid sending money to people you don’t know, and avoid giving people access to your phone, and other social media handle that will expose your personal data to the internet frauds.