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French bank will allow you to send money over Twitter soon

French bank will allow you to send money over Twitter soon


Groupe BPCE will reportedly let anyone in France send money with a tweet

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A penny for your Tweets? Your 140-character messages could be worth real money soon, at least in France. Groupe BPCE, the second largest bank in France in terms of customers, is poised to announce a new service tomorrow that will let French customers send money over Twitter, according to Reuters. It's unclear exactly how the service will work — whether it will use Twitter's limited direct messaging service or replies, for example — but Reuters points to a statement from Groupe BPCE made last month that says the new service, which will fall under the umbrella of the bank's existing mobile payments system S-Money, will allow person-to-person payments no matter what bank the sender and recipient are using.

The news comes after Twitter's introduction of a "buy" button in early September, which allows businesses to let customers purchase items directly within a tweet. Third-party services including Dwolla also already support money transfer options through Twitter and other social networks. Twitter's recent moves into e-commerce are somewhat ironic, given the fact that former Twitter cofounder Jack Dorsey went on to found his own mobile payments startup, Square, back in 2009.