Seattle-based Bitcoin wallet service provider iPayYou has announced the launch of a service which enables users to send and receive Bitcoin payments on Twitter.
The service, called Pay-by-Twitter, allows all iPayYou wallet users to send Bitcoin payments to Twitter accounts or handles that are not associated with the iPayYou platform. The merit of sending payments via Twitter instead of email or bitcoin addresses is the anonymity it provides.
The iPayYou team further emphasized that the elimination of exchanging private information is beneficial for both the sending and receiving parties.
“Twitter is one of the most widely used social media networks worldwide and despite the speed of technological innovation in the 21st Century, no other full-service bitcoin wallet offered this feature until now,” announced iPayYou CEO Gene Kavner.
“With the new Pay-by-Twitter feature, iPayYou continues to offer consumers with easy ways to use Bitcoin as a payment method in everyday life, which has been our mission from the start,” he continued.
The method in sending and receiving iPayYou bitcoin payments through Twitter is similar to that of traditional online financial deposits, in the sense that Twitter accounts receive requests to withdraw the Bitcoin payment on the iPayYou platform. Users can make the choice to