Google CEO Eric Schmidt Invests in Twitter Payment Technology Twitpay

Twitpay, the Twitter-based payments service, has received some funding from Eric Schmidt’s TomorrowVentures investment firm, as well as CompuCredit Holdings Corporation. It looks like Twitter payment systems might be the big thing next to Facebook Credits in the months and years to come.

Twitpay leverages Twitter’s large mobile offerings to provide mobile payment options through the micro-blogging service. It also has a charitable arm, RT2Give, which enables charities to raise funds via Twitter.

The Twitpay blog announced its recent funding boost yesterday, citing TomorrowVentures and CompuCredit Holdings Corporation as the two investors.

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