Share link:In this post: Telegram launched a new payment system for digital goods and services. Telegram Stars allows people to pay for digital products via in-app purchases on Apple and Android. The price of TON rose by 4.7% after the news.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before
Telegram launched a new payment system for digital goods and services on the social media platform. Dubbed ‘Telegram Stars,’ the system allows people to pay for digital products like e-books and online courses via in-app purchases on Apple and Android.
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Telegram CEO Durov said that Telegram Stars offers users “a way to pay for digital services in mini-apps.” App developers can withdraw stars earned by their bots in TON, the native token of The Open Network, through the crypto exchange Fragment. They can also use stars to promote their apps on Telegram.
Telegram CEO: ‘Stars’ is Apple, Google-compliant
Telegram uses web applications that run inside the messaging platform, which are known as “mini-apps.” Businesses have utilized these mini-apps to sell physical products on Telegram for many years, Durov says. According to the platform, over 400 million people interact with the apps every month.