Twitter Inc (NYSE:TWTR) shares are booming following news of a potential partnership with MasterCard Inc (NYSE:MA.)
The social media site is looking to introduce a payment service to its growing number of features designed to make Twitter users’ life easier and better.
A MasterCard top executive said that Silicon Valley companies often make good partners as these social media juggernauts have been adding successful payment services over the last few years.
“I think the way we would work with them is just the way we work with the other tech giants, we would figure out what we can do together, where our network could play into their space and connect up,” he added.
Twitter will be following in Facebook‘s (NASDAQ:FB) footsteps as Zuckerberg’s network added a peer-to-peer money transfer service via its Messenger app last year.
Master Card added that it may also join forces with Facebook soon.
TWTR stock is up 6.8% Monday. MA stock is down 1.1%.
