Bitcoin wallet iPayYou has launched a new service ‘Pay-by-Twitter’, enabling Twitter’s 310 million monthly active users to make peer-to-peer payments over Twitter.

Pymnts.com reported that the new service will enable iPay wallet users to send a payment by entering the recipient’s Twitter handle instead of an email or bitcoin address, meaning that a payment exchange can happen without both parties exchanging private information. iPayYou says that this is the first times that such a service has been offered by a full-service wallet.

Once the payment is sent via iPayYou, a tweet is sent to the payee with a link to the iPayYou website to accept the payment. The payment can be deposited as bitcoin or traded in for U.S. dollars, which will be directly deposited into the user’s bank account.

“Twitter is one of the most widely used social media networks worldwide and despite the speed of technological innovation in the 21st Century, no other full-service bitcoin wallet offered this feature until now,” said Gene Kavner, founder and CEO of iPayYou as well as a former Amazon executive, as quoted by Pymnts.com. “With the new Pay-by-Twitter feature, iPayYou continues to offer consumers with easy ways to use bitcoin as a payment method in everyday life, which has been our mission from the start.” 

Kavner said that the feature will enable users to pay friends, family members and colleagues, as well as charities. In a move to demonstrate the working of this feature, the company chose to include the Twitter handles of the three presumptive U.S. presidential nominees. Users can support their candidate by sending money via Twitter.

“We chose to use the presidential candidates as an example of how little information is truly required to send payments over our Pay-by-Twitter feature,” Kavner said.

Based in Seattle, iPayYou.io aims to enable bitcoin to be used as a payment platform for anyone. It claims to be the only wallet that allows users to cancel transactions if there are mistakes in the payment process (before the recipient claims their payment). In addition, the company also enables customers to send payments via email without the need for the recipient to pre-create a bitcoin account.