Twitter has announced the addition of the pan-African payment solutions Barter by Flutterwave and paga as additional payment providers to a feature on its platform called Tips.
Tips is a new way to monetise on Twitter and enables people on the service to send and receive funds as a token of appreciation.
Twitter added a number of new payment options for its tip jar feature, including Ethereum addresses. Twitter also now supports international fintech providers Paga, Paytm and Barter by Flutterwave, expanding tipping to users in Nigeria, India and Ghana.
Bitcoin tips were already enabled on Twitter via Strike’s Lightning Network, which reduces fees on payments. But the addition of Ethereum supports Twitter’s foray into non-Bitcoin crypto features, like the infamously hexagonal NFT profile pictures.
“Like Twitter, digital currencies operate without global barriers. We’re excited to incorporate Ethereum in addition to Bitcoin payment in Tips, enabling more people to participate in the digital economy with as little friction as possible,” a Twitter spokesperson told TechCrunch.
Twitter’s ETH tips don’t support ENS addresses — just your long, clunky alphanumeric one. When you send an ETH tip, you’re not actually tipping via Twitter. Instead, clicking on a user’s ETH tip option just copies their address, so you can then navigate to your crypto wallet and send the user an ETH tip. But because tips are likely to come in smaller increments, tipping to an Ethereum address might not make sense, given the fees associated with transactions. Basically, this feature is just a more user-friendly way of sharing your wallet address with your followers.
Discover more from DiutoCoinNews
Subscribe to get the latest posts sent to your email.
