Twitter into e-commerce service

Twitter, a social networking site expanding its services to e-commerce on its social networking site Twitter.

Re/code a tech news site posted screenshot of service and it also confirms that twitter is about to finalize the deal with payment services company Stripe.
Stripe is going to handle the back end processing services for twitter e-commerce as of now for front end service twitter is about to join hand with fancy.com which lets user to purchase inside twitter app and website. The screenshot is part of documents which are mock-ups created by fancy.com. In addition to fancy.com it also presumed that Twitter may partner with other services also.
As the screenshots show, the Twitter Commerce tweets will appear inside of Twitter users streams, much like the company’s Promoted Tweet advertising products. Some Commerce tweets will also show up inside Twitter’s Discover section, which shows off a mix of activity from a user’s network of people they follow (including, interestingly enough, products that people you follow have purchased, according to the screenshots). Expand the tweet, and you’ll see photos of the product for sale, along with a description of the item and a section for related products for purchase.





From there, you’re prompted to enter your name, address and credit card information, all “handled securely within the Twitter app,” according to the documentation.
It is not clear when the company will finally launch Twitter Commerce or how many partners will join in the launch.
It’s also unclear what fees or percentage of sales on its platform Twitter will take, if any. However, the company could directly benefit from retailers purchasing Promoted Commerce Tweet ad products. And if Twitter is able to hold on to users’ name, address and credit card information, that could benefit the company as well.

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