Telegram introduces a new in-app payment system called Telegram Stars

On June 6, 2024, Telegram has introduced a new in-app payment system called Telegram Stars, which allows users to pay for digital goods and services directly within the app.

telegram.org/blog/telegram-stars

This feature is designed to make transactions seamless for users and provides a new avenue for developers to monetize their mini-apps and bots on Telegram.

Over 400 million users use bots and mini apps to buy products, access services, play games on Telegram every month.

Telegram Stars lets bots and mini apps to sell digital goods and services.

Telegram also introduces Telegram Stars token.

Developers can exchange Telegram Stars token for TON, the native token of The Open Network, through the Fragment exchange, linking the in-app currency to the broader cryptocurrency market.

Moreover, Telegram is offering a 70% revenue sharing for developers from in-app purchases and is subsidizing advertisements bought with Telegram Stars, reducing the effective commission rate to nearly zero if reinvested in promoting their apps.

This initiative is part of Telegram’s broader efforts to integrate cryptocurrency solutions into its platform and expand its digital economy. With Telegram Stars, the platform aims to become a more economically viable and attractive option for developers compared to traditional mobile app stores.