Twitter and Paytm team up for ‘Tips’ feature
“We strive to provide seamless and secure digital payments to businesses and consumers. In India, millions of people already use Paytm for their everyday payments and we are excited to partner with Twitter to enable payments for Tips,” Praveen Sharma , CEO – Paytm Payments Services Limited, said in a statement.
“This will support the creator community with monetization capabilities through payment solutions offered by Paytm Payment Gateway and payment flexibility through Paytm UPI, Paytm Wallet, Paytm Postpaid (buy now-pay later), debit cards and credit and netbanking,” Sharma added.
In May 2021, Twitter began experimenting with this feature with a small test group of some influential and diverse voices on the service, including journalists, creators and more. Since November last year, Tip is available to all individuals above the age of 18 on iOS and Android in India.
The company said it’s a new way to monetize Twitter and allows people on the service to send and receive funds as a token of appreciation.
Enabling Tips adds an icon to your Twitter profile, which will now also have the option to add a link to your Paytm account, for quick and easy person-to-person outreach.
Tap the icon and users will see Paytm in the list of payment options. By choosing Paytm, users will be taken from Twitter to the Paytm app to send funds instantly through any convenient payment method.
Twitter said it takes no cut.
