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French Bank, Twitter Team Up For Money Transfers Via Tweets

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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View of the BPCE banking group headquarters during the company's 2011 annual results presentation in ParisBy Leila Abboud and Eric Auchard PARIS/FRANKFURT (Reuters) - One of France's largest banks is teaming up with social network Twitter Inc. this week to allow its customers to transfer money via tweets. The move by Groupe BPCE , France's second largest bank by customers, coincides with Twitter's own push into the world of online payments as the social network seeks new sources of revenue beyond advertising. Twitter is racing other tech giants Apple and Facebook to get a foothold in new payment services for mobile phones or apps. ...




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