Twitter is one of the most popular social media platforms on the internet today. Since its launch in 2006, Twitter has exploded to over 330 million users by Q1 2019. However, that only represents a small portion of all Twitter users worldwide, because there are an estimated 400 million Twitter accounts that are no longer active.
For this year, the social media giant has slowly started its monetization tools. One of these examples is called Tip Jar.
What is Tip Jar?
Tip Jar is a new way for Twitter users to tip their favorite content creators. Tipping allows any user to show appreciation of a Tweet, video, or live stream via small donations from their personal account balance or through credit card transactions.
Currently, the Tip Jar feature has been used for a larger rollout. In September, Twitter added widespread support for Tips in its iOS app, and now the service has announced that the feature will be available on the company’s Android app as well.
The option, which allows users to link third-party payment links to their accounts, was first introduced in a test in March and subsequently rolled out to certain accounts. A few months later, in September, the service was expanded to more people.
According to a Twitter spokesperson, the phrase “Tip Jar” has been removed from this function, which it now simply calls “Twitter Tips.” The feature was initially accessible only to some prominent people, nonprofits, journalists, and others.
How the ‘Tip Jar’ works?
Twitter users who only use the Twitter app on their Android phones can add payment links to their profiles. The company made a different way for people to share Cash App handles, Venmo accounts, Patreon, and Bandcamp.
Twitter said that many users were already sharing their payment links in tweets. The Tips feature makes it easier because the link is on your profile. When people click it, they are directed to a third-party platform to send money.
The ability to share your Instagram stories right from Twitter is useful for creators that utilize Twitter to interact with their fans and promote their work. Writers, artists, and others who use Twitter as a sort of social-based portfolio covering both sharing and discussions about shared material continue to use it.
Twitter Tips gives users the chance to support people they like or that are following them without having to leave Twitter. This means that monetization becomes part of Twitter’s utility stories, not a separate process.
How to enable Twitter Tips?
Twitter Tips is still rolling out. If you’d like to take part in it, make sure your Twitter settings are set to public, and then go over to the Twitter tips page on Twitter website.
Click on “Add or Edit Payment Methods”. You’ll be prompted with “Add a payment method” and then select “Send Money”.
Then you’ll be redirected to the Twitter payment options page where you can link your Twitter username with an email address, credit card, or debit card (choose depending on how you want to send Twitter tips).
How do you use Twitter Tips?
Once you have your Twitter tip jar set up, the Twitter tips feature should automatically be enabled.
When you see a Twitter user from whom you want to make a donation, click on their name and go directly to their profile page where it says “Tweet with a tip” (and the Twitter tip jar).
From there, you can donate to that Twitter user by using Twitter tips.
Twitter Tips is a way for Twitter users to support content they like and follow. It’s not necessary for Twitter users to make donations in order to support one another and/or their work. But it could be a good way for Twitter users to make money when twitter promotes it.