NEW YORK—Bottlepay has become the first app to facilitate Sterlingcoin or Bitcoin payments via Twitter, FinExtra reported.
A single tweet — for example, ‘@bottlepay send @recipient £10’ — will instantly send the command to move the specified quantity of sterling from one user’s account to another, according to the report.
The new Sterlingcoin social media payment feature means users can send as many or as few pounds as they like to any individual with a Twitter account, without transaction fees, the report added.
“Recipients of funds via Twitter will receive 100% of the payment, which is not the case with alternative payment services like PayPal, which charge transaction fees. In the coming weeks, the service will also be available on Reddit, Discord and Twitch. Bottlepay users are now able to tip waiters, support local businesses, donate to charities and send funds to artists and musicians, all in a single tweet and without the need for sharing bank details or other personal details such as addresses,” FinExtra said.
“Empowering users to make instant payments to anyone on social media is a revolutionary step towards transforming the global payments infrastructure,” said Pete Cheyne, founder of Bottlepay.