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 <title>The Industry Standard - Twitter announces payment system - Comments</title>
 <link>http://beta.thestandard.com/predictions/suggestions/twitter-announces-payment-system</link>
 <description>Comments for &quot;Twitter announces payment system&quot;</description>
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 <title>Twitter announces payment system</title>
 <link>http://beta.thestandard.com/predictions/suggestions/twitter-announces-payment-system</link>
 <description>&lt;p&gt;&lt;!--paging_filter--&gt;On August 14, Twitter stops delivering outbound SMS in UK due to prohibitive costs. Twitter has been extremely popular and rumor abounds on when it will annouce the integration of a payment system to generate revenue and offset service costs. Some may consider this a pre-cursor to some payment system.&lt;/p&gt;
&lt;p&gt;Ev Williams of Twitter has made the statement “We don’t have any specific plans for a payment system, though that’s interesting,” he said. “But we definitely are striving for (and believe we can achieve) a built-in revenue model that is compatible with the open nature of Twitter and its ecosystem, rather than something tacked-on.”&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;The prediction is for Twitter to announce a payment system for integration to its ecosystem by end of March 2009.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Reference articles:&lt;br /&gt;
&lt;a href=&quot;http://blog.twitter.com/&quot; title=&quot;http://blog.twitter.com/&quot; rel=&quot;nofollow&quot;&gt;http://blog.twitter.com/&lt;/a&gt;&lt;br /&gt;
&lt;a href=&quot;http://www.guardian.co.uk/technology/2008/aug/14/twitter&quot; title=&quot;http://www.guardian.co.uk/technology/2008/aug/14/twitter&quot; rel=&quot;nofollow&quot;&gt;http://www.guardian.co.uk/technology/2008/aug/14/twitter&lt;/a&gt;&lt;br /&gt;
&lt;a href=&quot;http://www.hitsearchlimited.com/news/9991016/&quot; title=&quot;http://www.hitsearchlimited.com/news/9991016/&quot; rel=&quot;nofollow&quot;&gt;http://www.hitsearchlimited.com/news/9991016/&lt;/a&gt;&lt;/p&gt;
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 <comments>http://beta.thestandard.com/predictions/suggestions/twitter-announces-payment-system#comments</comments>
 <category domain="http://beta.thestandard.com/taxonomy/term/5620">Blogging</category>
 <category domain="http://beta.thestandard.com/taxonomy/term/1681">Social Networking</category>
 <category domain="http://beta.thestandard.com/taxonomy/term/5667">Software &amp;amp; Web</category>
 <category domain="http://beta.thestandard.com/taxonomy/term/2610">startup</category>
 <pubDate>Thu, 14 Aug 2008 21:17:26 -0700</pubDate>
 <dc:creator>David Kuan</dc:creator>
 <guid isPermaLink="false">111763 at http://beta.thestandard.com</guid>
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