A French bank will let its customers make small cash payments between each other using Twitter, hot on the heels of similar plans being tipped for Facebook last week.
The bank, called BPCE, said that any French Twitter user with any bank account will be able to use the feature when it launches later this month. Apple Pay is also expected to launch this month with provider support from Visa, Mastercard and American Express.
The French Twitter feature is enabled through tools from digital wallet company S-Money, a subsidiary of BPCE.
The move gives Twitter the jump on rival Facebook, which last week was tipped to be bringing peer-to-peer payments to the social platform via its Messenger application.
Apple is also pushing into the area of online payments with its Apple Pay service, due to launch this month in the US, although this will not currently support person-to-person transactions.
Twitter has welcomed the BPCE service as an "innovation". S-Money is normally a mobile phone service, and the leap to the social network fits well with its nature, according to the firm.
"We warmly welcome this innovation developed by Groupe BPCE and the service it provides to Twitter users in France by integrating its S-Money service into a live, public, conversational dimension characteristic of Twitter," said Olivier Gonzalez, CEO of Twitter France.
BPCE suggested that the service could be used on other social networks, and would prove itself on Twitter.
"This S-Money initiative opens up a whole new range of payment possibilities on the social networks," said Jean-Yves Forel, BPCE CEO for commercial banking.
Nicolas Chatillon, CEO of S-Money, added: "The ease of use and immediacy of the S-Money payment solution for individuals is perfectly adapted to the Twitter user experience.
"It offers Twitter users in France a new way to send each other money, irrespective of their bank and without having to enter the beneficiary's bank details, with a simple tweet."
The service launches this month, and French users can sign up now for a trial.
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