« Back to the top page

Twitter announces payment system

David Kuan
Comments 0
Votes 11
Voting ends: 9 weeks 5 days ago

On August 14, Twitter stops delivering outbound SMS in UK due to prohibitive costs. Twitter has been extremely popular and rumor abounds on when it will annouce the integration of a payment system to generate revenue and offset service costs. Some may consider this a pre-cursor to some payment system.

Ev Williams of Twitter has made the statement “We don’t have any specific plans for a payment system, though that’s interesting,” he said. “But we definitely are striving for (and believe we can achieve) a built-in revenue model that is compatible with the open nature of Twitter and its ecosystem, rather than something tacked-on.”

The prediction is for Twitter to announce a payment system for integration to its ecosystem by end of March 2009.

Reference articles:
http://blog.twitter.com/
http://www.guardian.co.uk/technology/2008/aug/14/twitter
http://www.hitsearchlimited.com/news/9991016/

Suggested Odds50.00%
Prediction Close Date:03.24.2009 (EST)
Members will be rewarded with S$25,000.00 Standard Dollars for successfully submitting Suggestions which are popularly accepted by the community, vetted by The Industry Standard and added to the site.
Votes
Vote Volumes: 8 3

Post new comment

The content of this field is kept private and will not be shown publicly.
Respectful debate is welcome, but comments that are defamatory, indecent, abusive, or in violation of any law will be removed.