Micro-blogging site Twitter is also set to follow the world’s largest social media site Facebook. Twitter is also reportedly preparing to introduce its payment system like Google and Facebook, although Twitter has not officially said anything about its payment system.
According to the report of the English website The Information, Twitter is preparing its payment system and the project is in full swing. After the payment feature, users will be able to send and receive money to each other. Twitter’s payment system is being named tipping.
Twitter’s payment feature will work with the company’s CEO Jack Dorsey’s other company, Square. Square is the company providing financial services. Square also provides mobile payment services in San Francisco. It is being said that Twitter’s payment feature will be for Bitcoin only. That is, users will be able to pay only in Bitcoin.
NewsBTC has also said in its report that the CEO of Twitter believes that bitcoin will be the currency of the Internet in the future. Jack’s company is also working on a square cryptocurrency payment. The report also stated that Bitcoin MicroPayments is the main investor in the Solution Lightning Network.