FX.co ★ French Twitter launches money transfer system

The users of Twitter living in France have now an option to transfer money to their followers using tweets, The Financial Times reported.
According to the newspaper, the person-to-person money transfers have become available thanks to an agreement with French banking group Groupe BPCE and its division S-money. However, it is still unclear whether the transaction would be kept visible as on the PayPal-owned app Venmo.
Since the beginning of autumn, Twitter has started to test a “buy” button which allows people to purchase products or content directly from a tweet. After clicking the “buy” button, a user is directed to a page with a product’s details.