Twitter is working on Tip Jar to monetize content on the platform

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Twitter is working on Tip Jar to monetize content on the platform

According to the reliable Twitter account Jane Machun Wong, the social network plans to add Tip Jar to users’ profiles. It is designed to monetize content and is integrated with payment services such as PayPal, Venmo, and Cash App.

Twitter tip jar
Twitter tip jar

A similar feature is expected to be available for the Twitter Spaces platform, which is focused on competing with Clubhouse. Twitter hasn’t officially announced the new feature yet. It also does not specify who will be able to place the Tip Jar button on their page. It is assumed that users will need to have a certain number of subscribers to activate the feature. Also, remember that back in February, Twitter announced that it was working on Super Follows subscriptions, which will allow you to charge a fee for watching exclusive content.

These features are supposed to help Twitter move away from targeted advertising and generate commission income from donations received by users. Besides, content creators will also benefit directly by acquiring an additional way to monetize their media products.

 

Also Read:   Twitter shut down Periscope video service
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