
Venmo Twitter is a feature that lets users share their Venmo transactions on Twitter, making it easy to show off purchases or payments to friends and followers.
This feature has been around since 2014, when Venmo partnered with Twitter to allow users to share their transactions directly from the Venmo app.
Venmo transactions are often shared to brag about a purchase or to show off a successful payment.
Cross-Platform Economy
The Cross-Platform Economy is a game-changer for Venmo and Twitter users.
Venmo's acquisition by PayPal in 2013 allowed for seamless integration with other PayPal services, expanding its reach across platforms. This integration enabled users to easily transfer funds between Venmo and other PayPal services, creating a more unified user experience.
By linking Venmo to Twitter, users can now easily share their transactions and connect with friends and family in real-time, making the platform even more social and engaging.
What Can We Learn from Venmo and Twitter
Venmo and Twitter have shown us that a cross-platform economy can thrive.
Venmo's peer-to-peer payment system has made it easier for people to send and receive money, with over 40 million users in the US alone.
Users can easily link their bank accounts or credit cards to make transactions, and the service is accessible through both the app and website.
Twitter has also enabled a cross-platform economy by allowing users to buy and sell goods and services through its platform.
In 2019, Twitter introduced a feature that allowed users to purchase products directly from tweets, making it easier for creators to monetize their content.
This feature has been used by popular accounts like music artists and fashion designers to sell merchandise and exclusive content.
Use Twitter's Tipping Feature Instead of Venmo
Twitter's new Tipping Feature is a game-changer for supporting your favorite creators and experts. Starting on May 7, 2021, anyone using Twitter in English can send money to applicable accounts on the platform's iOS and Android app.
You can tell if an account has enabled Tip Jar by looking for a dollar bill icon next to the Follow button on their profile page. This icon indicates that the account is eligible to receive tips.
To use the feature, tap the icon to show a list of payment services or platforms that the account has enabled. These include popular options like Bandcamp, Cash App, Patreon, PayPal, and Venmo.
Twitter has acknowledged an issue with the Tip Jar feature, where it asks for the recipient's PayPal.Me username to use PayPal's services. This is a concern because it might reveal the recipient's real name.
The good news is that Twitter has updated its tipping prompt and Help Centre to make this issue clearer. They've also added a warning for people sending tips through PayPal to be aware of this potential issue.
Twitter Bots Exploit Public Data
Twitter bots are exploiting public data to create fake accounts and spread misinformation.
These bots are using publicly available information to create fake profiles that appear legitimate, making it difficult to distinguish between real and fake accounts.
Public data is being used to create targeted advertisements that are often misleading or false.
The use of public data by Twitter bots has led to an increase in online harassment and cyberbullying.
Fake accounts are being used to manipulate public opinion and sway elections, often using public data to create convincing profiles.
Public data is being exploited to create fake news articles and spread misinformation, which can have serious consequences.
Sources
- https://builtin.com/articles/what-twitter-and-venmo-can-teach-us-about-cross-platform-economy
- https://portswigger.net/daily-swig/social-media-scam-twitter-bots-are-tricking-users-into-making-paypal-and-venmo-payments-into-fraudsters-accounts
- https://thenextweb.com/news/twitter-bots-are-running-amok-with-your-public-venmo-data
- https://www.under30ceo.com/venmo-giving-away-money/
- https://www.tech360.tv/forget-venmo-ing-someone-for-a-witty-tweet-use-twitter-s-new-tipping-feature-instead
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