PayPal launches Facebook app, send friends money

Mega online payment provider, Paypal, has conjured up a Facebook application which allows Facebook users to send money to their friends. As long as the funds come directly from your bank account or Paypal balance, there are no additional fees. The company has posted what amounts to a press release on their blog.

The plainly named application, Send Money, may be a way for Paypal to harbor some good will for the holidays.

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