Twitter expands payment options for Tips, adds Ethereum | ZDNet

Twitter announced a major expansion to the sources users can choose when sending Tips to creators on its service. 

The site’s Tips feature was introduced early in 2021, and has been available to all users 18 years of age or older since 2022. It allows a fan to click on the Tips icon within a user’s profile to send them funds in the amount of their choosing. 

Twitter calls the option a way for users to “show support, show appreciation, help out or reward anyone you want — from emerging creators and journalists to Twitter Spaces hosts and more.”

Previously the function supported several third-party payment services, but it was limited to either traditional credit card payments or Bitcoin. Now, Twitter is adding support for three additional third-party payment processors: Paga, Barter by Flutterwave, and Paytm.

More: What is crypto? The business starter guide to cryptocurrency

Now it’s also providing the option for users who receive tips to add their Ethereum address — meaning other users will be able to send funds directly to the their digital wallets via this cryptocurrency. 

Twitter’s initial support for Bitcoin was predictable, given former CEO Jack Dorsey’s longtime support of that particular digital currency. Now that Dorsey has moved on to other projects and new CEO Parag Agrawal is in control, the social networking service may be exploring competing altcoins like Ethereum for the first time. 

This change also makes it easier for Twitter users in a slew of new countries to support their favorite creators, thanks to the list of never-before-supported nations that now have the ability to contribute via the trio of new payment platforms. 

Additional information on Tips, how to sign up to receive them, and how they’re funded can be found via Twitter’s support page

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechNewsBoy.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.