If you are not redirected within 30 seconds, please click here to continue.
Samedi: 10h – 16h HAE
If you are not redirected within 30 seconds, please click here to continue.
If you are not redirected within 30 seconds, please click here to continue.
We are now transferring you to LowestRates.ca to complete your quote.
RBC Adds Mobile Facebook App for Money e-Transfer
Table of Contents
RBC is the first bank in North America to introduce electronic Interac money transfer for Facebook messenger contacts.
While bank customers typically use a contact's email address or mobile phone number to conduct Interac e-Transfers, now friends on their Facebook Messenger list can obtain funds from their Royal Bank account. A message will arrive in the recipient's Facebook Messenger inbox, prompting them to log in to their own bank to deposit the funds.
"We worked closely with RBC to make it easier for people to send person-to-person money transfers to contacts on Messenger in a safe and secure way. Every day, 9.4 million Canadians use Facebook on their mobile device to connect with people they care about, and this new app provides a meaningful service for RBC customers," said Jordan Banks, global head of Vertical Strategy and managing director, Facebook Canada.
Currently, the RBC Canada app is only available for iPads, but by this February an iPhone version will be released with other platforms to follow later in 2014.
For every Interac e-Transfer messaged via Facebook, RBC will donate $1 to support Kids Help Phone, up to $100,000.
Cliff Boodoosingh, Freelance writer
Latest Credit Cards Articles
Which credit score or credit report should you get in Canada?
Buying Canadian isn’t just satisfying—it’s a good way to dodge import tariffs. The right credit card makes spending more rewarding, with perks like cashback, points, or local discounts.
Take a closer look at how you spend and find the credit card rewards program that delivers the best long-term value for you.
Optimizing how you use your available credit can help you maintain or improve your credit score.
A pre-approved credit increase may signal warning bells. Why is your credit card company offering you more money? But don’t be alarmed; it may be a good thing for your credit score.
A recent RATESDOTCA survey reveals that 39% of Canadians carry over $5,000 in non-mortgage debt, as inflation and high interest rates continue to impact budgets.
Learn the best credit cards for grocery store purchases and rewards.
Roadside assistance can help you with your car troubles — and with some credit cards, you can get it for free. Learn about the best plans for you.
If you’re a credit cardholder, you’ve probably been offered balance protection insurance before. But is it worth it? Here's what you need to know.
Get money-saving tips in your inbox.
Stay on top of personal finance tips from our money experts!