Telegram Unveils 'Telegram Stars' In-App Payment System
CryptoNewsTerminal Staff06 Jun, 2024
Telegram Unveils 'Telegram Stars' In-App Payment System
Telegram, the popular messaging app, has introduced a new in-app payment system called "Telegram Stars." This system will allow users to purchase various Telegram services and exchange Stars for Toncoin cryptocurrency. Telegram CEO Pavel Durov explained that users can use Stars to pay for Telegram Premium, a subscription service that offers additional features and storage space. They can also purchase stickers, themes, and other digital goods. Additionally, Stars can be used to support creators on the Telegram platform, enabling users to directly donate to their favorite channels and groups. The Stars payment system is integrated with Google Play and the iOS App Store, making it convenient for users to purchase Stars using their existing payment methods. Telegram users can also exchange their Stars for Toncoin on Fragment, a decentralized auction platform built on The Open Network (TON). The launch of Telegram Stars represents a significant step forward for the messaging app, providing users with a seamless and secure way to make payments within the platform. It also opens up new possibilities for Telegram creators to monetize their content and engage with their audiences.
