by Robin Wauters of Techcrunch

Social micro-payments enabler Tipjoy is releasing an APItoday that allows charities but also companies and individuals to handle relatively small payments from within their applications and spread the word through Twitter. This opens up a lot of opportunities for application developers who might benefit from small transactions, from e-commerce services selling content, subscriptions, etc. to charitable causes and non-profits accepting small donations online to peer-to-peer payments between individuals.

Inserting payments made through Tipjoy into your Twitter stream can be an invaluable way to spread the message about what it is you’re buying or donating to, much like sharing your activities, digital media you like and applications you use can spread virally through social networking sites like Facebook. With the Twitter Payments API, developers now have an easy way to integrate payment handling into third-party Twitter applications and potentially benefit from the network effect for all the people who use their service.

Read full article at http://www.techcrunch.com/2009/04/08/micro-blogging-meets-micro-payments-courtesy-of-tipjoys-api/