Now, shop online while texting your friends on Facebook Messenger

Facebook Messenger has rolled out a new update that willenable users to use chatbots to pay without leaving the application. Introducedearlier this year, these bots were able to interact and provide informationabout products but the user had to leave the app to complete the payment.

Messenger Native Payments from Facebook on Vimeo.

With a massive user base of over a billion people, Messengeris bound to attract the banking industry.

Big players from the banking sector are joining hands withMessenger's new feature. The application will tie up with Visa, MasterCard,PayPal, Braintree, Stripe and American Express on-board which already covers ahuge majority of payment options.

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Users can share these chatbots among friends using the newshare option. The Messenger app will also be able to save their payment detailsto check out faster. The company aims at reducing the time between spotting aproduct and buying it.

With the new feature, Messenger will let the user paywithout jumping apps or pages. In an official blogpost,  Facebook has revealed that businesses havebuilt over 30,000 bots for Messenger and the social network giant has over34,000 developers working to increase this number.

The Messenger application is entering the e-commercebusiness with this new step which also means that Facebook will startmonetizing the app which was free so far.