Azimo’s latest Facebook integration allows Facebook users to send money to over 150,000 location in over 100 countries. Unlike Western Union or Moneygram, the money app has low overheads as an online company so it can charge users a smaller fee. Azimo transfers up to £500 are charged a flat rate of £5. Larger sums are charged a commission of 1% (not to exceed £15).

To send cash via Facebook, download the app or go to Azimo.com.  From there, you can choose a recipient, select the cash amount, and complete a transaction using your preferred method of payment. Recipients receive a Facebook message notifying them of the cash transfer. Each recipient can select a location or bank account from which to accept the payment.

Azimo also believes in giving back. The company aims to donate 10% of its profits to charity. They encourage users to do the same:

Azimo believes in offering great rates for our customers and saving them money. We are the cheapest in the market by a long way. We offer all our customers the chance to donate a portion of the money they have saved to charity.

Via Financial Times