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Twitter has partnered with the first payments operator, Razorpay

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Twitter has partnered with the first payments operator, Razorpay
fsjd_icon1 CURRENT AFFAIRS

Description

The Social media platform Twitter has partnered with the first payments operator, Razorpay, for its Tip Jar feature. Twitter is in the process of adding new monetization features. This was first announced in February 2021.

This opened up access to tickets and super subscribers. These are two monetization features that are currently only available in the US. Ticketed Spaces will allow creators to charge for Twitter's live audio rooms, while Super Follows will allow users to charge for ad-hoc content access.

About Tip Jar

The Tip Jar feature allows Twitter users to pay creators for content. Twitter announced a partnership with Razorpay on June 24, 2021. This Tip Jar feature is currently available to “select users”. Razorpay's Twitter integration will allow Twitter users to pay creators with credit and debit cards as well as UPI, online banking and payment wallets in India.

Who can use this feature?

In the initial stages, only a limited group will be able to use the option to add Tip Jar to their profile. This group includes creators, journalists, experts, public figures and public figures.

This is the first of several ways that creators can monetize their content and make money from their supporters. Anyone can submit tips to their respective Twitter accounts through a third-party payment service.

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