- A new feature has been created by Twitter to allow content creators make money from their tweets
- The feature Twitter created is called Tip Jar, and it will enable other users support their favourite creator financially
- It was currently on a test phase, with selected number of content creators chosen to test the Twitter feature
Twitter has introduced a new feature which will allow content creators on the social media app to earn from their tweets. The feature is called Tip Jar, and it will appear on the profile of its users.
The social media giant said the Tip Jar is still in a test phase, and it will only be used by selected content creators. It will also be available to English speaking content creators before other languages are rolled out.
The test phase will be done with nonprofits, journalists, experts and creators. According to reports, the Tip Jar will have the content creators' payment option where users can tip their favourite creators for their contents.
The payment options will include PayPal, Venmo, Patreon, Cash App and Bandcamp. Twitter said Tip Jar is a support feature for creators, and it will be available to both iOS and Android smartphones.
Tip Jar will also be available on Spaces, Twitter's version of Clubhouse. Addressing the new feature on Twitter's blog, the tech company said:
“Tip Jar is an easy way to support the incredible voices that make up the conversation on Twitter."
It added that:
"This is a first step in our work to create new ways for people to receive and show support on Twitter — with money.”
The financial regulator extended the initiative which started in March until further notice. It was meant to end on May 8, 2021. The Naira for Dollar scheme was created to mop up forex outside banking system.
Nigerians will be given N5 for every one dollar changed at the official channels like commercial banks and International Money Transfer Operators.