French Twitter Users Can Soon Transfer Money With a Tweet

Move into financial sector

Twitter is partnering with France's second-largest bank this week to let customers transfer money with a simple tweet. The two are expected to unveil details at a press conference in Paris on Tuesday, Reuters reported.

Twitter's person-to-person (p2p) money transfer feature will tap into Groupe BPCE's S-Money smartphone app, which lets customers transfer money without knowing the recipient's bank account. Customers can make payments to friends and family after completing an online form that asks for users' bank information.

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