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Friday, September 24, 2021

Twitter introduces Tip Jar, a way to make money from tweets

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Twitter Inc. announced today that it’s now testing a tipping system called Tip Jar that will allow users to send money to the accounts that impress them with certain tweets.

Earlier this year, Twitter laid out plans for a number of changes that would let people make money from their accounts. One of the ideas put forward was creating “super followers” for various accounts, which comes with a price tag. Another idea was a tipping system, on which Twitter has now followed through.

Tip Jar will be available on Android and iOS, although the company said the feature during the testing phase will apply only to select accounts using the English language. Those people will be working in some capacity as creators, journalists, experts or in nonprofits. Tip Jar will eventually roll out to more people and in more languages.

In a blog post, Twitter said it had noticed how people often send PayPal links after tweets go viral, adding that it was time there was an easier way to send someone appreciation in the form of cash. How much cash, it seems, is limitless, with Twitter not saying anything about maximums or minimums.

From now on, when someone has Tip Jar enabled on an account and someone clicks on it, there will be a bunch of payment options, including Bandcamp, Cash App, Patreon, PayPal and Venmo. The best thing: Twitter will not take a cut of the tip.

“Tip Jar is an easy way to support the incredible voices that make up the conversation on Twitter,” the company said. “This is a first step in our work to create new ways for people to receive and show support on Twitter – with money.”

This week, Twitter acquired the web content reading platform Scroll, and earlier in the year the newsletter tool Revue. The company said this is all a push to help publishers and writers make more money from their content.

Over the years criticism has mounted over social media behemoths having a deleterious effect on publishers, while creators have had few options to make money. Twitter has said it wants to give something back, which seems to be the case judging by these latest moves.

Photo: Esther Vargas/Flickr

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