French bank preps Twitter-based P2P payments service

French banking group Banque Populaire Caisse d'Epargne (BPCE) has teamed up with Twitter to let customers tweet money to each other.

  15 7 comments

French bank preps Twitter-based P2P payments service

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

From next month, everyone with a bank card and a Twitter account in France will be able to use the P2P payment service through BPCE's S-Money unit.

Details on how the system will work are scant 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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Comments: (7)

A Finextra member 

Interesting solution.

I am a bit surprised that this is coming from France. French banks are mostly known as followers and not innovators.

 

A Finextra member 

Yes we've done it !
Not only followers. We also innovate :)
It's not the first innovation we have launched, and it will not be the last one.

A Finextra member 

Bonjour M Hannache,

mes felicitations! Est-ce-que ca serait possible de vous contacter en directe via email ou LinkedIn etc.?

Hello Mr. Hannache,

congratulations to your innovative project! I am sure that the customers will love it.

I am also sure that we will get more exiting news from you in the future.

A Finextra member 

Hi Ulrich

You can contact me through LinkedIn

Stéphane

Ketharaman Swaminathan

Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions

On Twitter, "Follower" is a good thing!

A Finextra member 

twitter etc. in China is not that easy to access.

Yes, I am in China. ;-)

A Finextra member 

Many thanks for this post, I'm very proud of this innovation which gives a good example of our innovation strategy.

 

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