AfterDawn: Tech news

Twitter working on deal with Stripe that would allow for product purchases directly through the network

Written by Andre Yoskowitz (Google+) @ 20 Jan 2014 7:01

Twitter working on deal with Stripe that would allow for product purchases directly through the network According to sources, Twitter is preparing to let its hundreds of millions of users purchase products directly through the network thanks to an upcoming deal with e-commerce payments startup Stripe.
The deal is said to be in the final stages and will allow the social network to accept credit card payments.

If completed, the deal will make it much easier for brands, retailers and manufacturers to sell their products directly. Twitter tested the concept last year with Starbucks and American Express, both of which required syncing your account to a card or account for the third-party.

Commerce is likely the next revenue strategy for Twitter, which has only recently begun to expand their monetization of the company and its services.

Stripe allows for payments to be accepted through websites and mobile apps within one day of signing up with the company, due to their APIs, and the startup is backed by over $40 million in venture capital.

Previous Next  
Comments have been disabled for this article.

Latest news

A bug in Chrome allows you to download Netflix movies A bug in Chrome allows you to download Netflix movies (25 Jun 2016 15:21)
A group of security researchers have found a vulnerability in Google's Chrome browser that allows downloading movies straight from Netflix. This is obviously not a feature especially the entertainment ....
7 user comments
Three out of four Netflix customers would rather cancel than watch ads Three out of four Netflix customers would rather cancel than watch ads (25 Jun 2016 14:05)
For a long time Netflix was adamant on its pricing. No changes were made for a long time and everything seemed to be good. The markets obviously reacted and more expensive deals and original ....
4 user comments
Apple Music left in the dust, Spotify at 100 million subscribers Apple Music left in the dust, Spotify at 100 million subscribers (25 Jun 2016 12:01)
Spotify has told The Telegraph that it has surpassed the 100 million mark in subscribers. Paying subscribers was earlier this year reported to have passed 30 million. Apple meanwhile is having ....
2 user comments
Rumor has it that Apple has cancelled iPhone's dual camera Rumor has it that Apple has cancelled iPhone's dual camera (18 Jun 2016 18:05)
The next iPhone will be a major upgrade to current iPhone 6s. This biyearly full upgrade cycle provides us with a bigger upgrade every two years. But how will Apple update its number one product, ....
6 user comments
OnePlus releases new flagship killer, smaller X discontinued OnePlus releases new "flagship killer", smaller X discontinued (18 Jun 2016 16:11)
The small Chinese smartphone maker OnePlus took the world by storm two years ago by releasing a super cheap flagship smartphone. They called it the flagship killer, and it indeed challenged ....
4 user comments

News archive