Do you owe your friends money? Maybe someone owes you some money. If you need a way to make a payment to or receive a payment from a friend, PayMe offers you a simple solution. The application places a small text box on your profile that allows visitors to type in an amount and transfer money directly to you via PayPal. This is the first transaction based application that I have seen on Facebook. It is what will separate Facebook from the competition. The direct integration of e-commerce within the “social graph” is a big step forward. While this is only the beginning, it is a great start. So if you want to transfer money to your friends or want profile visitors to have an easy way to give you money, check out the PayMe application.