Hi Ivan,

This looks quite interesting. I do have one concern, though.

On the main tipjoy.com site, you have a prominent banner saying "click
here to sign up in 5 seconds without giving us your password."
...which then leads to the OAuth sign-in.

The Tipjoy API requires a twitter user/pass combo for authentication.
If I am User A who already has created an account on Tipjoy using
OAuth, and now I see another 3rd party application asking for my
twitter user/pass to interact with Tipjoy, I am going to be very
concerned that this other app is trying to scam me.

I guess it just looks like a conflicting message to me.

I know you said you are "hacking" something together for OAuth apps,
so maybe this concern is unnecessary, but wanted to give you that
feedback as a potential user of this system.

As a developer, the API looks very interesting.  I don't know how many
people would actually want to tie their twitter account to actual
money transactions, but I guess there's only one way to find out...

Congrats on the API launch,
-Chad

On Wed, Apr 8, 2009 at 10:57 AM, Ivan Kirigin <[email protected]> wrote:
>
>>>the recipient has enough to cash out to a PayPal account ... before the 
>>>transaction is cancelled ... what happens?
>
> We audit every cash out, so this step isn't fully automated. It's hard
> to "take the money and run"
>
> Also, we track transactions across the site. As you can imagine with
> micropayments, any wholesale fraud would require lots of transactions
> or amounts much larger than the median to make any real money. This
> makes fraud detection easier.
>
> If anyone sees any transactions that are faulty, they can let us know.
> We already actively block many IPs and domains because of link spam,
> and expect to do the same for fraudsters too.
>
> Best,
> Ivan
> http://tipjoy.com
>
>
> On Apr 8, 9:52 am, Dossy Shiobara <[email protected]> wrote:
>> Great, now Nigerian royalty can use Twitter to get their millions of
>> secret dollars out of their country, with the aid of Twitter users help!
>>   (lol)
>>
>> Or, the first rogue Twitter app. that tweets a Tipjoy payment message
>> from the user who gives up their username/password to the rogue app.
>> It'd be a Tipjoy mugging!
>>
>> At least Tipjoy lets you cancel transactions that aren't paid for yet.
>> But, if you pre-charge your account, and the money is sent from the
>> account, and the recipient has enough to cash out to a PayPal account
>> ... before the transaction is cancelled ... what happens?
>>
>> Sounds so very dangerous.
>>
>> On 4/8/09 9:27 AM, Ivan wrote:
>>
>> > Hi Folks,
>>
>> > Tipjoy's Twitter Payments have been really successful for P2P and
>> > charitable payments. Now we've released an API for Twitter
>> > applications to do payments over Twitter:
>> >http://tipjoy.com/api
>>
>> --
>> Dossy Shiobara              | [email protected] |http://dossy.org/
>> Panoptic Computer Network   |http://panoptic.com/
>>    "He realized the fastest way to change is to laugh at your own
>>      folly -- then you can let go and quickly move on." (p. 70)

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