TipJoy is a social payments platform that allows anyone to sell content on the internet. It’s also possible to use the same platform to raise money for charities and good causes. It can also be used to give money to one another in the form of a tip to say well done for doing something right. Tip Joy is a very popular application and has received support from Y Combinator like many of the other popular up and coming online applications.Show more screenshots »
TipJoy was founded in February 2008 by Ivan and Abigail kirigin. The site is based in Massachusetts and has received around $1 million in funding from various sources including Y Combinator. Tipjoy was unable to gain significant traction and was shut down in August, 2009.
This is a micro payment website so it always handles fairly small amounts of money. It’s also a community of its own and you can see recent receivers on the homepage of the site which makes it a nice touch.
Once you are signed in you can instantly start sending money or earning money. It’s very easy and in fact it couldn’t really be any easier. To send money you simply need to fill out the recipients email address or website. You can pay whoever you like however much you like and then you have to settle up the balance later. You can also add money into your account with a credit or debit card, you have to add at least $5. There is also an API which you can incorporate into Twitter or other sites to help you earn money.
Signing up to Tipjoy is very easy, you can either use the traditional signup or you can sign in using your Twitter account. The traditional signup isn’t a problem and you just need to enter your email address along with a password of your choice. As soon as you have done that you are already registered and can immediately give someone else money.
The site is completely free to use and in fact you could profit from it if you start charging for premium content on your blog or website.
TipJoy is ideal for anyone that wants to find a way of handling their micro payments to and from a site. It’s a vibrant community where people will often donate to people that they have seen donating before. It’s great fun to use and could be just the ticket you’re looking for if you want to find a way to charge for premium content.