Friday, 17 January 2014

Twitter Set To Introduce In-tweet Credit Card Payments?








Twitter could soon make strides into the e-commerce sector through a partnership with payments company Stripe, according to a report.

Recode cites inside sources claiming that the social network is planning to introduce in-tweet credit card payments, allowing users to buy and sell goods through the social network.
The move would also allow brands, retailers and manufacturers to trade on Twitter, opening up a potentially lucrative revenue stream for the company.

Twitter is said to have developed e-commerce features in the past, including 'tweet to send money' and 'tweet to buy' options, only to shelve the ideas.

Rival social network Facebook has already dabbled in e-commerce, allowing users to send gifts to one another via its website and mobile apps.

Twitter is yet to officially confirm plans to introduce in-tweet payments.


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