Twitter likely to introduce ‘buy’ button later this year after partnering with Stripe

twitter likely introduce buy button later year partnering stripe app
Twitter is reportedly planning to launch a new ‘buy’ button later this year, allowing users to purchase items from businesses without leaving the service.

A Re/code report over the weekend claims the San Francisco-based company has in recent months inked a deal with payments startup Stripe to help integrate the buy button into its service, a feature it hopes will help hold users within the microblogging site and ultimately lead to increased revenue. As for businesses, it means they can sell items directly from tweets.

It was suggested as long ago as January that Twitter was moving to link up with Stripe, though no official announcement has ever been made about such a deal. Re/code’s “multiple industry sources” say that at some point in the intervening months the two companies agreed to work together on introducing a buy button for Twitter.

Related: How to become Twitter famous

Screenshots that surfaced in February appeared to show a ‘Twitter Commerce’ mock-up featuring a buy button, while just a few months ago, in June, a buy button was spotted by some users on their timelines as the company tested the service.

It’s believed Twitter is working to get its e-commerce button up and running in time for the holiday season as the company explores various ways to boost its income.

Its most recent financial report beat Wall Street expectations, with the company taking $312 million for the three-month period from April to June, marking a 124 percent increase on the same period a year earlier. Almost $280 million of that came from advertising, the company said. However, a buy button that allows Twitter to take a cut of any sales made through its service could help to further strengthen the balance sheet.

E-commerce initiatives are becoming of increasing interest to social media companies, with Facebook, too, looking to incorporate a buy button within its service.

Stripe, the work of Irish brothers Patrick and John Collison, launched in 2011. The service, whose simple integration tools have helped make it a hit with developers, secured $80 million in a funding round at the start of 2014 and has even been touted as a possible threat to online payment giant PayPal.

Product Review

The Xperia 10 Plus feels great in your hand, but you'll still want to put it down

There has never been a better time to buy a smartphone with an unusual design, and one of the cheaper models out there vying for your attention is the Sony Xperia 10 Plus, with its 21:9 aspect ratio screen.
Home Theater

FiOS problems: The potholes in Verizon's fiber internet and how to fix them

Verizon FiOS offers no just fiber internet, but TV and home phone service as well. See what kind of problems, issues, and trouble other Verizon FiOS users have reported before you decide to sign up for the service.
Computing

Want to make calls across the internet for less? Try these great VOIP services

Voice over IP services are getting more and more popular, but there are still a few that stand above the pack. In this guide, we'll give you a few options for the best VOIP services for home and business users.
Computing

Worried about your online privacy? We tested the best VPN services

Browsing the web can be less secure than most users would hope. If that concerns you, a virtual private network — aka a VPN — is a decent solution. Check out a few of the best VPN services on the market.
Social Media

Facebook says it unintentionally uploaded email contacts of 1.5 million users

Facebook says that over the last two years it unintentionally uploaded the email contacts of 1.5 million users as they signed up to the social networking service. The process has ended and the email addresses are being deleted.
Mobile

The 15 most stylish iPhone docks and charging stands for your device

The right iPhone dock does more than just hold your phone. If you’re looking for the perfect dock for your bedroom, or one to sit discretely on your office desk, there’s a good chance you’ll find it here.
Emerging Tech

Awesome Tech You Can’t Buy Yet: Robots that eat landmines and clean your floors

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it's fun to gawk!
Trash

How to save yourself money by buying a refurbished iPhone

There’s a lot to consider when you’re looking for a new iPhone, and it can be very expensive. Save yourself some heartache and some money with our guide on how to buy a refurbished iPhone.
Mobile

BlackBerry Messenger to shut down in May, be replaced by enterprise version

BlackBerry Messenger for consumers will shut down at the end of May, nearly six years after it was launched. The app is going back to its roots, in a way, as it is being replaced by the much simpler BlackBerry Messenger Enterprise.
Deals

Apple Watch Series 3 and Samsung Gear S3 smartwatches get big price cuts

The Apple Watch Series 3 and Samsung Gear S3 are at some of the lowest prices we've seen since so far this year. With discounts from Amazon and Walmart, now is a great time to find spring savings on wearables.
Mobile

These are the key settings to change on the LG G8 ThinQ smartphone

The LG G8 ThinQ is finally available. There are a lot of settings turned off by default that may be useful in improving the experience of using the phone. We've rounded up 11 key settings for you to change on the G8.
Mobile

LG reportedly files patent for triple selfie camera on smartphone

LG has reportedly filed a patent for a smartphone with three front-facing cameras. However, if the patent turns out to be true, it may come down as just another gimmick for the struggling mobile phone manufacturer.
Mobile

Best iPhone 7 Plus screen protectors to shield your big, beautiful display

Cracked screens are expensive to replace. Fortunately for you, we've rounded up what's available in terms of protection for Apple's large iPhone 7 Plus. Here are the best screen protectors you can buy.
Mobile

Samsung says the Galaxy Fold needs more improvements before it's released

The Samsung Galaxy Fold has arrived, and it goes on sale soon. Folding out from a 4.6-inch display to a tablet-sized 7.3-inch display, this unique device has six cameras, two batteries, and special software to help you use multiple apps.