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This article was published on October 13, 2014

Twitter users in France will soon be able to Tweet money to each other

Twitter users in France will soon be able to Tweet money to each other

A French bank is gearing up to launch an online payment service for Twitter users.

Unveiled last month by S-Money – a subsidiary of the banking group BPCE – it’ll give users the ability to “simply Tweet money to one another.” Details are otherwise scarce, but Reuters reports that a press conference will be held tomorrow, and the service will be available this week.

Users can register their interest in the service here.

Twitter recently introduced a buy button for a small group of brands, nonprofits and music artists. While the feature is targeted at attracting businesses to the platform, this new service from S-Money is cleared aimed at the everyday consumer. Similar to Square Cash, Barclays Pingit and a wealth of other mobile payment apps, this new Twitter-powered offering will try to deal with an age-old problem: Quickly sending small amounts of money to people you know, for instance when you need to split a restaurant bill or cab fare.

The payment solution will be available to all Twitter users in France, regardless of the bank they’re with. S-Money already offers an iOS and Android app that uses SMS and phone numbers to trigger money transfers in France.

S-Money (via Reuters)

Top image credit: Denys Prykhodov / Shutterstock.com