Twitpay is an online application that is transforming Twitter from a communication website into an e-commerce platform. It was initially an experimental social media service to facilitate payments by users to Tweet statements to whoever they wanted to send funds to on Twitter.
Under new investors, the company aims to focus on helping charities who are interested in leveraging social media services to help raise money. In an increasingly digital world, Twitpay combines "the simplicity of mobile giving with the power of social networking."
Social Media Donation Services (UPDATE)
Twitpay is an Charitable Online Payment Platform
Trend Themes
1. Mobile Giving - Twitpay combines mobile giving with social networking, providing an opportunity for disruptive innovation in the charity sector.
2. Social Media E-commerce - Twitpay's transformation of Twitter into an e-commerce platform opens up possibilities for disruptive innovation in the online retail industry.
3. Social Media Fundraising - Twitpay's focus on helping charities leverage social media for fundraising presents an opportunity for disruptive innovation in the nonprofit sector.
Industry Implications
1. Charitable Giving - Twitpay's mobile giving platform can disrupt the traditional charitable giving industry by making it more accessible and convenient for donors.
2. E-commerce - Twitpay's integration of e-commerce features into Twitter offers disruptive innovation potential for the online retail industry.
3. Nonprofit - Twitpay's social media fundraising solution can disrupt the fundraising practices of nonprofit organizations by harnessing the power of social networks.