Twitter Mobile Payments to be Enabled by Barclays’ Pingit

Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term on Twitter may finally get a break when Barclays’ Pingit mobile funds transfer service is enabled on the platform.

Pingit was introduced in 2012, and is currently available for iOS, Android, Blackberry and the Windows Phone. The app has been downloaded 3.7 million times and has handled over £1 billion in transactions. On Twitter, it will be initially available for iOS and Android.

Users sign up by linking their Twitter handle to their Pingit profile. It is believed that the three-step process of logging in, selecting Twitter handle and send will make payments over Twitter a more pleasant experience. Previous attempts have failed to gain traction.

Although no phone number needs to be supplied throughout the process, Pingit money transfers are made to the account associated with the mobile phone number in question. This means that technically, even non-smartphones are eligible to receive to payments.

The feature joins a growing collection of new mobile payment methods, several of which don’t require a smartphone, inlcuding M-Pesa, bKash, Ecuador’s new digital dollar and several Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term-based offerings.