Bitcoin Gone Social: The Emergence of Pay-By-Twitter


A new Seattle-based startup company is currently engaged in an ambitious endeavor to exponentially boost the ease, safety, and usefulness of bitcoin for consumers worldwide. Launched in May of 2016, iPayYou is an online platform and digital wallet that boasts a bevy of features designed to fuel bitcoin as a desired method of payment.

The proposition behind iPayYou is simple: It allows users to hold, buy, send and receive bitcoin at strikingly low costs through a simple and secure website housing their personal bitcoin wallet. There are two features that make iPayYou a particularly valued tool. For starters, payments can be sent via email without the recipient possessing an already established bitcoin account. Secondly, which is a biggie, transactions can be canceled instantly in the event of a payment process mistake.

Now, in a move to integrate a social element into bitcoin’s meteoric rise, iPayYou just recently launched a new Pay-by-Twitter feature, the first and only full-service wallet platform to facilitate peer-to-peer payments over Twitter, boasting more than 300 million active users over the past 18 months.

Here’s how Pay-By-Twitter works:

Through an amazingly simple authentication process, anyone can pay or receive bitcoin through their Twitter

Read more ... source: TheBitcoinNews