Hiya mate, could you tweet us a tenner?

13 October 2014

Twitter-Logo1 A French bank have said that they're about to launch a service which allows people to transfer money to each other by Twitter.

Great. Now people will not only spam you with photos of their lunch, but they might expect you to chip in for the bill now.

Group BPCE will operate the cash transfers through the S-money subsidiary. Olivier Gonzelez of Twitter said: "We warmly welcome this innovation developed by Groupe BPCE and the service it provides to Twitter users in France by integrating its S-Money service into a live, public, conversational dimension characteristic of Twitter."

Jean-Yves Forel, the banks CEO, said they would become the bank to offer a service like this, "where they can transfer money with a simple Tweet" which "opens up a whole new range of payment possibilities on the social networks."

Of course, with loads of problems with virtual currencies, and hackers having the time of it causing social networks and the like endless problems at the moment, there's a lot of security concerns around transferring money on Twitter.

Either way, looks like Twitter are very keen on getting money changing hands through their system, as they've been experimenting the ability to buy things through them with 'Twitter Buy' and, if this payment service works in France, they'll be rolling it out worldwide. As we all know, there's good money in being a middle man in the world of finance.

TOPICS:   Social Media   Banking

1 comment

  • Soronery
    Yes please do tweet me for money. I look forward to giving an expletive laden response.

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