Paypal has launched its "Send Money" App for Facebook. Now Facebook users can send money to their friends right from the Facebook account.

Though this App is not providing all the facilities of its website interface at the moment. Instead it can be used to transfer money with e-card or either of these two.

There will be no extra transaction fee to be charged for any transaction made through the App, though PayPal's regular limits and international fees still apply.

Currently Facebook has around 800 million users and PayPal has 232 million users registered. So there may be a lot of people common in both. "We are bringing the largest online payments company to the world's largest social network to make it even easier to send money to your friends and family directly from Facebook," JB Coutinho, PayPal's Senior Product Marketing Manager, said in a blog post.

Things gone simple

It works very simple. Go to PayPal's Send Money App page on Facebook. Select a card (optional) for your occasion and choose a recipient. Simply log-in to your PayPal account within the app, choose the dollar amount and click send. The card is immediately posted to the recipient's wall though the message of the card is kept private.

At last, be careful while going for the App because there are so many unauthentic bogus PayPal Apps are already present in Facebook. PayPal Send Money, is the authentic one.