Pygg and Twitter: the pig will take care of the money birds

I firmly believe that social networks should first of all be perceived by companies as an infrastructure on the basis of which new products should be created. The startup described below will give you a hint what I mean.



Australians have the opportunity to create, so-called. Pygg accounts replenished via credit card or PayPal.
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Clients can make micropayments to other owners of Pigg accounts via Twitter, mentioning the user @pygg in the message, the recipient's username and the transfer amount.

If the recipient does not yet have an account in the system, he will receive a message with an offer to join. Money transfer within the system is free, but Pygg takes a commission of $ 2.5 when replenishing an account via PayPal or a credit card.

In addition to transfers via Twitter, users can install an application on their mobile phones that allows them to withdraw funds and monitor transactions.

A startup in the future intends to expand its presence towards email and Facebook.