5 ms·

Twitpay.me Launches

39 points by sanjayparekh 18y ago

sanjayparekh 18y ago
Twitpay.me was built at Atlanta Startup Weekend 2 just 1.5 weeks ago and launched officially today. Pay others via Twitter and fund those payments via PayPal. Pretty cool and very well designed (I'm biased - I helped in forming the idea but didn't work on the project).
lpgauth 18y ago
Worst name ever... Twitt: A person who is obnoxious, a jerk and is selfcentered; doesn't care about anyone but themself. jerk pay me!
- lanceweatherby 18y ago
  Just like TwitPic, TwitSay, & Twitturly.
- markpercival 18y ago
  It actually makes sense to me. I use it to pay my friends, most of whom are twits.
  - marcus 18y ago
    Tell me who your friends are and I'll tell you who you are...
tsally 18y ago
Sorry if I am off base on this one, but not being able to cash out via PayPal would make me just want to use TipJoy instead. Even if I do ultimately donate my money to charity, I'd still like to have the option. The FAQ indicates that you can put money in via PayPal, but it appears the only cash out option is an Amazon Gift Card? Still, good work on coming up with some sort of money maker for Twitter. They can't seem to do it :-).
- ivey 18y ago
  We're in the same boat Tipjoy was when they started: there's a ton of legal stuff that goes with cashing out, and we've only been around a few weeks. It is absolutely on our list of priorities.
  - tsally 18y ago
    Awesome! Good to hear :-). I figured it was probably on the TODO list; adding a "PayPal coming soon!" to the FAQ might make people happy.
- dbrown26 18y ago
  Actually, you have three options on cash out currently. Gift card, charity, or "Twitpay is brilliant, you guys can keep it!"
boorad 18y ago
that's hawt. I see this as a great way to settle spontaneous bets w/ friends. Dude, $50 the Smails kid picks his nose.
- jcromartie 18y ago
  Microbets?
rokhayakebe 18y ago
This was inevitable. Great idea.
axod 18y ago
Relying on the uptime of twitter, to get paid, seems a bit of a mistake.
- josefresco 18y ago
  Heyo! Will you be here all week?
unohoo 18y ago
Awesome !! Destined for success.
smahend 18y ago
Interesting possibilities for certain vertical markets. Makes microdonations to charities on a whim very easy.
- jraines 18y ago
  Not sure why you got downvoted for that. It's true -- and we've already been approached by a charity about that possibility (that's separate from the option to donate upon cashout). We're excited about this use case -- though like some others it's going to probably be more relevant once you can cash out with actual cash.
calambrac 18y ago
You depend on Twitter: 1. Staying up. 2. Not doing this themselves and leveraging their advantage of being able to take payments private (like direct messages). What's the play if they do that, sue for abuse of monopoly? Also, twitter has zero security. Just one quick scenario: Set up a search for twitpay, bag a list of usernames, start bruteforcing passwords, dump to an account, and cash out...
- deleted 18y ago
  [deleted]
- dbrown26 18y ago
  Twitpay is focusing on micropayments in order to alleviate some of the risk in using a medium like Twitter. A user can only put or take a maximum of $50 in or out of the system on one given day. So while that attack is theoretically possible, it would not be very lucrative. You would also have to ensure that the accounts that you have brute forced are funded.
  - calambrac 18y ago
    All the payments show up in the public twitter stream, so you know how much people theoretically have at any given time. The daily max is circumvented with sockpuppets. It doesn't have to be lucrative for someone to try it, or for it to ruin the whole idea. Other ways to ruin things: having trouble understanding the credit crisis? Create your own with twitpay. Just start twitpaying your friends and sockpuppet accounts in crazy, interlocking ways, but way underfund your accounts, then have everyone start making claims. Who gets paid!? I don't know! It's twitterific!
- reedjo 18y ago
  Paypal currently offers the ability to SMS payments. Why would I choose Twitpay over that SMS?
blang 18y ago
I like the Superman 3 reference. Office Space would have also been acceptable.
- nadim 18y ago
  From the FAQ: "What’s your business model? Superman 3 I never saw that movie. Twitpay charges a nickel everytime you make a Twitpay over $.99."
ronsemail 18y ago
Great idea, can't wait to get my first payment.
vaksel 18y ago
I think this is the first legit website I've seen, thats using a .me domain
huhtenberg 18y ago
What's up with using text background highlights for adding an emphasis ? Someone needs to ease off on NLP. This is really annoying and most importantly it doesn't look good. Vary the text color if you are so inclined to tap the subconsciousness.
reedjo 18y ago
Sounds like a great way to pay for gambling debts without having to adhere to PayPal's morality rules.

39 points by sanjayparekh 18y ago

Twitpay.me was built at Atlanta Startup Weekend 2 just 1.5 weeks ago and launched officially today. Pay others via Twitter and fund those payments via PayPal. Pretty cool and very well designed (I'm biased - I helped in forming the idea but didn't work on the project).

lpgauth 18y ago

Worst name ever... Twitt: A person who is obnoxious, a jerk and is selfcentered; doesn't care about anyone but themself. jerk pay me!

lanceweatherby 18y ago
Just like TwitPic, TwitSay, & Twitturly.
markpercival 18y ago
It actually makes sense to me. I use it to pay my friends, most of whom are twits.
- marcus 18y ago
  Tell me who your friends are and I'll tell you who you are...

tsally 18y ago

Sorry if I am off base on this one, but not being able to cash out via PayPal would make me just want to use TipJoy instead. Even if I do ultimately donate my money to charity, I'd still like to have the option. The FAQ indicates that you can put money in via PayPal, but it appears the only cash out option is an Amazon Gift Card? Still, good work on coming up with some sort of money maker for Twitter. They can't seem to do it :-).

ivey 18y ago
We're in the same boat Tipjoy was when they started: there's a ton of legal stuff that goes with cashing out, and we've only been around a few weeks. It is absolutely on our list of priorities.
- tsally 18y ago
  Awesome! Good to hear :-). I figured it was probably on the TODO list; adding a "PayPal coming soon!" to the FAQ might make people happy.
dbrown26 18y ago
Actually, you have three options on cash out currently. Gift card, charity, or "Twitpay is brilliant, you guys can keep it!"

boorad 18y ago

that's hawt. I see this as a great way to settle spontaneous bets w/ friends. Dude, $50 the Smails kid picks his nose.

jcromartie 18y ago
Microbets?

rokhayakebe 18y ago

This was inevitable. Great idea.

axod 18y ago

Relying on the uptime of twitter, to get paid, seems a bit of a mistake.

josefresco 18y ago
Heyo! Will you be here all week?

unohoo 18y ago

Awesome !! Destined for success.

smahend 18y ago

Interesting possibilities for certain vertical markets. Makes microdonations to charities on a whim very easy.

jraines 18y ago
Not sure why you got downvoted for that. It's true -- and we've already been approached by a charity about that possibility (that's separate from the option to donate upon cashout). We're excited about this use case -- though like some others it's going to probably be more relevant once you can cash out with actual cash.

calambrac 18y ago

You depend on Twitter: 1. Staying up. 2. Not doing this themselves and leveraging their advantage of being able to take payments private (like direct messages). What's the play if they do that, sue for abuse of monopoly? Also, twitter has zero security. Just one quick scenario: Set up a search for twitpay, bag a list of usernames, start bruteforcing passwords, dump to an account, and cash out...

deleted 18y ago
[deleted]
dbrown26 18y ago
Twitpay is focusing on micropayments in order to alleviate some of the risk in using a medium like Twitter. A user can only put or take a maximum of $50 in or out of the system on one given day. So while that attack is theoretically possible, it would not be very lucrative. You would also have to ensure that the accounts that you have brute forced are funded.
- calambrac 18y ago
  All the payments show up in the public twitter stream, so you know how much people theoretically have at any given time. The daily max is circumvented with sockpuppets. It doesn't have to be lucrative for someone to try it, or for it to ruin the whole idea. Other ways to ruin things: having trouble understanding the credit crisis? Create your own with twitpay. Just start twitpaying your friends and sockpuppet accounts in crazy, interlocking ways, but way underfund your accounts, then have everyone start making claims. Who gets paid!? I don't know! It's twitterific!
reedjo 18y ago
Paypal currently offers the ability to SMS payments. Why would I choose Twitpay over that SMS?

blang 18y ago

I like the Superman 3 reference. Office Space would have also been acceptable.

nadim 18y ago
From the FAQ: "What’s your business model? Superman 3 I never saw that movie. Twitpay charges a nickel everytime you make a Twitpay over $.99."

ronsemail 18y ago

Great idea, can't wait to get my first payment.

vaksel 18y ago

I think this is the first legit website I've seen, thats using a .me domain

huhtenberg 18y ago

What's up with using text background highlights for adding an emphasis ? Someone needs to ease off on NLP. This is really annoying and most importantly it doesn't look good. Vary the text color if you are so inclined to tap the subconsciousness.

reedjo 18y ago

Sounds like a great way to pay for gambling debts without having to adhere to PayPal's morality rules.