Twitpay, a Twitter companion site spawned from a melding of the minds at Atlanta Startup Weekend 2, allows users to send payment of up to $50 to other Twitter denizens. Once youâˆšÂ¢â€šÃ‡Â¨â€šÃ‘Â¢ve directed virtual cash from your PayPal account to Twitpay, all you do is tweet something like this: âˆšÂ¢â€šÃ‡Â¨â‰ˆÃ¬@Scommerce twitpay $50 for sweet articlesâˆšÂ¢â€šÃ‡Â¨Â¬Ã¹ âˆšÂ¢â€šÃ‡Â¨â€šÃ„Ãº and whammy âˆšÂ¢â€šÃ‡Â¨â€šÃ„Ãº fund are exchanged. The start-up takes a nickel from every 99-cent transaction.
Imagine conducting virtual fundraisers all via Twitter. Or rewarding someoneâˆšÂ¢â€šÃ‡Â¨â€šÃ‘Â¢s witty update with a 50-cent pittance. Once you make your payment, you have 30 minutes to stew it over before youâˆšÂ¢â€šÃ‡Â¨â€šÃ‘Â¢re locked in. And Twitpay documents all your payments for you.
Twitter is proud of its growing ecosystem, and this free social messaging utility has the potential to further cultivate the fertile fields of online collaboration. Now letâˆšÂ¢â€šÃ‡Â¨â€šÃ‘Â¢s see how long it is before Facebook copies the functionalityâˆšÂ¢â€šÃ‡Â¨Â¬Â¶