BPCE launch Twitter-based P2P payments

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Banque Populaire Caisse d’Epargne (BPCE) has partnered with Twitter to let customers tweet money to each other via a P2P payments service.

From October 2014, everyone with a bank card and a Twitter account in

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BPCE launch Twitter-based P2P payments

France will be able to use the P2P payment service through BPCE’s S-Money unit.

Details on how the system will work are unreliable but S-Money’s mobile wallet has been integrated with the social network so that users can move money to recipients through their Twitter handle.

Nicolas Chatillon, CEO, S-Money, says: “It offers twitter users in France a new way to send each other money, irrespective of their bank and without having to enter the beneficiary’s bank details, with a simple tweet.”

Oliver Gonzalez, CEO, Twitter France, adds: “We warmly welcome this innovation developed by Group BPCE and the service it provides to Twitter users in France by integrating its S-Money service into a live, public, conversational dimension characteristic of Twitter.”

Earlier this month Twitter began testing a ‘buy’ button that merchants can embed in tweets so that shoppers are able to make purchases from within the social network.

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