Tuesday, October 14, 2014

You can now tweet money to friends, if you live in France


Starting tomorrow, any French resident with a bank account and Twitter handle will be able to transfer money simply by tweeting it. The new service, dubbed S-money, was launched last month by French mega-bank BPCE and Twitter.

It differs from Twitter's Buy Now, which lets users to pay for goods at companies like Home Depot and Burberry using an embedded "Pay" button. Instead, S-money is aimed at person-to-person transactions, letting you send money to friends without needing their banking details.

Details are scarce on exactly how it works, but a BPCE spokesman said it's perfectly adapted to the Twitter experience.


Source: Reuters, BPCE


Share

Twitter Delicious Facebook Digg Stumbleupon Favorites