Twitter introduces Tip Jar to support your favorite accounts

Users will be able to tip their favorite Twitter accounts through online payment services. It was this Thursday, May 6, and after several days of rumors, that Twitter confirmed the arrival of a tip option called Tip Jar, named after the famous "tip box" used by Americans. Good news for creators, who can be rewarded and supported with just a click.

Twitter introduces Tip Jar to support your favorite accounts

Tip Jar, a new way to support your favorite designers on Twitter

After a mixed quarter, Twitter is pursuing a new strategy with monetization at the heart of it. For this, it presents Tip Jar, which will allow users of the social network to make donations to their favorite accounts. "This is the first step in our plan to create new ways to give and receive support on Twitter - with money," the California-based company said in a statement.

If an account has the Tip Jar, an icon will appear next to the "Follow" button on their profile. By pressing this icon, a user will be able to choose one of the online payment services available for this account. At the moment, Twitter offers Paypal, Venmo, Patreon, Bandcamp, and CashApp. On Android, tips can also be sent through Spaces, which the social network recently extended to accounts with 600 subscribers. Unexpectedly, the company has indicated it will not take a commission on these donations.

This new feature, Tip Jar, could change a lot of things for creators, but also for users. Indeed, it is not uncommon to see some of them share their PayPal or Patreon accounts under their tweets and threads to fund a project, for example. So, it's no surprise that this new option has arrived on Twitter.

At the moment, only a limited group of people, including journalists, creators, experts, and NGOs, can add the option to their profile. On the other hand, all users whose settings are in English can make their contribution on iOS as well as on Android. "You're the one leading the conversation on Twitter, and we want you to be able to more easily support each other beyond Follows, Retweets, and Likes," Twitter said.

If its profits were carried by advertising during the last quarter, Twitter now wants to diversify its sources of income. To do this, he is banking on new monetization options like this one, which could attract a few more influencers to his platform at a time when Snapchat is increasing the investments for them. In addition, paid subscriptions for users' favorite accounts should soon see the light of day on Twitter.

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