You may soon send cash from Facebook

IANS  |  San Francisco 

may soon start testing two -- "red envelope" that would enable users send money to others from the platform, and a "breaking news" tag that publishers can use to make people aware of the latest happenings around them.

The two new features, which are not officially under testing mode yet, were first spotted by Matt Navarra, director of social media at the online publication The Next Web.

According to Recode, confirmed that the "breaking news" tag was for a future test, but declined to share more details.

Recode said that the social media giant, however, neither gave information about "red envelope" feature, nor denied its existence.

"is always testing new product experiences but there's nothing specific to talk about at this time," a representative was quoted as saying.

The report pointed out that it is also possible that these will never be launched.

Earlier this year, rolled out group payments feature within its Messenger app, allowing users to pay either everyone in the group or individual members.

is also testing a paywall in its Instant Articles feature -- on Android and not iOS devices -- in partnership with a small group of publishers across the US and Europe.

will support the subscription-based news product in Instant Articles for both metered models (starting with a uniform meter at 10 articles) and "freemium" models (the publisher controls which articles are locked).

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, November 05 2017. 13:20 IST