French bank plans to use Twitter to send money

By Park Sae-jin Posted : October 15, 2014, 17:06 Updated : October 15, 2014, 17:06

 

One of the largest banks in France will unveil plans to let its customers - and those of other banks - send money through Twitter.

Groupe BPCE will be the "first banking group to offer individuals a payment solution where they can transfer money with a simple Tweet," according to CEO Jean-Yves Forel.

It is understood that Twitter has not been involved in creating the service, which was built by Group BPCE's S-Money subsidiary, which has also built mobile and SMS payment systems.

By Ruchi Singh
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