Facebook is always looking at ways to enhance your usage of the service. Currently, Facebook is working on two projects known as “red envelope” and “breaking news.” “Red envelope” is a feature which might allow users to send money to others through Facebook. “Breaking news,” as the name implies, is a tagging feature which publishers can add to their posts.
These features aren’t officially being tested but first detected by Matt Navarra, social media director of The Next Web. Navarra tweeted screenshots of the feature.
NEW: Facebook is testing a ‘Red Envelope' feature to send cash gifts to friends pic.twitter.com/GsADKlKjqH
— Matt Navarra ⭐️ (@MattNavarra) November 3, 2017
According to Recode, Facebook has confirmed that the breaking news tag is for a future test but did not mention any other details. It also did not deny the red envelope feature either. Apparently, a Facebook representative said that the company is “always testing new product experiences but there’s nothing specific to talk about at this time.”
The red envelope feature is quite interesting. Typically, red envelopes are used for sending gifts. With that in mind, perhaps Facebook is thinking of letting people send money to each other through the platform. As many people use Facebook, this feature might just catch on. There’d be no need to download other payment apps again. Also Facebook is considering to set up a marketplace section. Notably, Facebook’s Messenger allows making payments, but that feature isn’t available on Facebook’s website or app.This is just an assumption, it may well be possible that these features never get implemented, so take it with a grain of salt.