Twitter Partners With Bank to Offer Money Transfers via Tweets

Twitter has teamed up with one of France’s leading banks to offer a way to transfer money via a tweet.

Groupe BPCE is France’s second largest bank overall by number of customers, and the payment through Twitter will be managed by BPCE’s S-Money mobile payment facility, which already allows cash transfers via text message and uses data security standards similar to the credit card industry.

“(S-Money) offers Twitter users in France a new way to send each other money, irrespective of their bank and without having to enter the beneficiary’s bank details, with a simple tweet,” said Nicolas Chatillon, chief executive of S-Money.

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