The idea is very simple: Tweet the following:
@GuruOfSales twitpay $5 for green earth cause
And I will get $5 from you in the form of an Amazon gift card (That I might use for the Green Earth group).
This is how simple it is.
OK, so you don’t have to send me money right now (Although I will take it to start the group) 🙂
I think that this is great idea and a great business model, it’s simple and easy.
The way it works, is that you send someone a tweet (Twitter update) like the example above, you can send anywhere between $0.01 and $50.00.
Twitpay will keep track of your messages (Promises) and will send the recipient an amazon gift card every time they have reach just $10 in their twitpay account.
You can keep your promise or cancel it. it’s up to you.
Other ways to spend your twitpay money is to twitpay a charity or to twitpay (The company). However you need to remember that they will charge you a flat $0.05 for any payment that’s over $0.99
How do you check your twitpay account?
Just go to http://twitpay.me/yourtwittername (Replace ‘yourtwittername’ with your twitter name!) and you will see how much money you have or owe!
For more on twitpay you can visit the service here or read the FAQ here.
Please note: At the time of writing this, twitpay is stil under beta, they are still looking into more ways to integrate their payment systems. Please becarful if you’re sending money to any one. except if you’re sending it to me ;-p