Nate Westheimer may have it right when he states that social networking site Twitter may be a prime location for a mobile-based payments platform. In an article he wrote for Silicon Alley Insider, Nate gently breaks down what it is that have made more recent attempts at using cell phones for payments fail, and presented a good argument for why Twitter has what it takes to succeed.
The most compelling element to the writer's reasoning was his take on the type of people that use Twitter, and why it is these people that make Twitter such a prime platform for a P2P mobile payments launch. As it currently stands, Twitter users are generally "Machine Language speakers," meaning that the idea of testing out new mediums (like texting your current activity to a short code for a real-time internet update - one of Twitter's main perks) is not only un-intimidating, it's actually worth getting excited about (read: talking about, generally in a viral manner). Nate argues that using Twitter can use their early-adopting fans to help the concept of paying via phone catch on in the same way that Pay-Pay utilized their tech-savvy crowd to popularize paying via the internet... and we all know how that payed off.
Read the full article here - and if you have no idea what I mean by "Twitter," then for the love of sweet God, go here.