( Mashable ) -- Social payments are taking a giant leap forward . PayPal has unveiled a Facebook app that lets you send money to friends . The app , simply titled Send Money , is just as straightforward as its name . You have the choice to send either an ecard with money or just money with no card . You select a card , choose a friend to send it to and then select how much money to send . `` The PayPal and Facebook infrastructure have now merged , '' PayPal 's Anuj Nayar says . `` This is another way to personalize the act of giving money . '' While there are several ways to pay with PayPal via Facebook ( Payvment comes to mind ) , this is the first app to enable peer-to-peer payments via Facebook and PayPal . And because it 's a peer-to-peer transaction , there is no transaction fee , though PayPal 's regular limits and international fees still apply . `` Sending money , person to person , is free , '' PayPal Senior Product Marketing Manager JB Coutinho said . `` If it 's funded by a PayPal balance or linked to a bank account , it 's free . '' And while the primary aspect of the Send Money app is its enablement of transactions across the world 's largest social network , the ecard aspect is being emphasized as well . PayPal was quick to point out that more than 500 million ecards are sent every year , and that 's why PayPal is offering dozens of choices for everything from birthdays to congratulations . We can see the app really taking off . Users who see on Facebook that it 's a friend 's birthday can quickly fire up the app and send a card and some cash within a few minutes . The app is just as useful for things like lottery pools and reimbursing friends for lunch . It 's a big step toward making social payments a reality . If you want to learn more about the PayPal Send Money Facebook App , we 've created a simple walkthrough of the payment process . Check it out in this gallery , and let us know what you think of the app in the comments . See the original article on Mashable.com . © 2011 MASHABLE.com . All rights reserved .
App , simply called Send Money , is just as straightforward as its predecessor . You can send either an email with money or just money with no email . This is the first app to support peer - to - peer payments via Facebook and PayPal .