Twitter snaps up CardSpring, a platform for helping developers connect apps with consumers’ credit cards

Twitter today announced it has acquired payments infrastructure company CardSpring. Financial details of the deal were not disclosed. Currently there is no indication Twitter will be shutting down operations before folding them in. Cardspring says it will continue to grow its platform and work with its publisher, financial, and retail partners “to create new, innovative commerce experiences for consumers.” CardSpring wants to build a payment platform that enables digital publishers and retailers to create the next generation of commerce for hundreds of millions of offline shoppers: We see the intersection of payments and digital media as an opportunity to revolutionize...

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