Twitter Adds Strike API for Tips Paid in Bitcoin

Digital wallet Strike announced the debut of the Strike API platform for trading markets and businesses, according to a press release on Thursday (September 23).

Twitter will use Strike’s API to allow its users to tip with bitcoin across the globe with a Bitcoin Lightning wallet and allow users in the US and El Salvador – where bitcoin is now accepted as legal tender – bring tips through their Strike accounts, the release states.

Twitter staff product manager Esther Crawford announced the global launch of Tips and the ability to tip with bitcoin using Strike in a blog post.

“We want everyone on Twitter to have access to ways to get paid,” she wrote in the post.

Twitter’s Strike integration allows users of the social media platform in the US (except Hawaii and New York) or El Salvador to receive payments instantly for free from anyone in the world, according to the announcement.

After downloading Strike from the App Store, Google Play or Google Chrome Web Store, eligible users can add their Strike usernames to receive instant global tips via the Bitcoin Lightning Network on Twitter, the announcement said.

Twitter iOS users can submit tips now, and the Strike Tips integration will expand to all users in the coming weeks, according to the release.

Strike’s agreement with Twitter expands public access for business owners to the Strike API for instant global payments between buyers and sellers or fans and creators, the announcement said.

“Today, we take a giant step forward in increasing global interoperability with the world’s first open monetary network, bitcoin,” Strike founder and CEO Jack Mallers said in the release. “Today, with the Strike API, one of the world’s largest Internet companies becomes interoperable with the world’s largest global monetary network making payments anywhere in the world cheaper, faster and unlocking a whole new set of of never-before-seen payment use cases.”

PYMNTS’ small and medium-sized business (SMB)-focused study, the Global Digital Shopping Index, examined the key changes caused by the pandemic in four markets, including the UK and US, and the different ways SMBs are adapting with these they exchange together with their customers.

Read more: The UK is more likely to use digital channels through SMBs than big box stores

Digital wallets are more popular as an online payment option with SMB customers than department store customers, with 10% of UK SMB customers using digital wallets, including services such as PayPal, to pay online – almost twice as many department store customers who use this method.

——————————

NEW PYMNTS SURVEY FINDS 3 IN 4 CONSUMERS IN GOOD DEMAND FOR SUPER APPS

Circle: Findings in PYMNTS’ new study, “The Super App Shift: How Consumers Want to Save, Shop and Spend in the Connected Economy,” a collaboration with PayPal, analyzed responses from 9,904 consumers in Australia, Germany, the UK and the US and showed demand strong for a single multi-functional super app instead of using dozens of individual apps.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *