TwitPay goes live with Amazon Payments

By Ed | March 15th, 2009 | Category: Pay Online | No Comments »

TwitPay, the new Twitter channelled payments service, has announced the end of beta testing and that it is now live and powered by Amazon Payments.

The TwitPay blog carried the news about a week ago, but I’ve only just caught up with it. Their report indicates there are competitors and clones in the making, but that by switching to an Amazon Payments back-end, they may have gained a jump on those.

Working with Amazon Payments, we’ve built a new version of Twitpay that means we don’t have to be the middle-man for your cash. That’s good for you as a user because you don’t have to trust us with your money, you just have to trust Amazon. It’s good for us as a service because it allows us to focus on adding new features and focus on the core of our business.

So as of 12:01 AM, March 3, 2009, Twitpay is live with real money. And we are also the most secure and trustworthy social payment platform out there.

At this stage, I guess it’s up to all the Tweoples to discover uses for the service, and for entrepreneurs to offer reasons for Twitterers to use it. The TwitPay blog examples paying for your daily coffee with it, which is a pretty lame example. I guess functionality is limited right now until they can get a call-back-and-confirm API system for ecommerce application?