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Elon Musk starts turning Twitter into a “payment tool”: here are the first details

  • January 31, 2023
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The billionaire businessman who went through a painful trial after buying Twitter for $44 billion Elon Musk A remarkable development took place at the front. According to the

Elon Musk starts turning Twitter into a “payment tool”: here are the first details

The billionaire businessman who went through a painful trial after buying Twitter for $44 billion Elon Musk A remarkable development took place at the front. According to the news in the Financial Times, Elon Musk has started to make Twitter a currency.

According to information obtained from sources familiar with the subject, for Elon Musk’s new plan already taken action. In this context; Reportedly, applications have been submitted to authorized agencies and some US states are in the process of obtaining a permit. However, it is not yet known whether or not a permit will be granted. it’s not clear.

So, what kind of currency will Twitter be? Let’s recall Musk’s plans to “apply it all”:

Elon MuskPayPal

Elon Musk has been saying for a while”application of everythingHe is talking about an application called ” to banking transactions It ensures that everything imaginable comes together.

Musk as part of his plans to do it all in October peer-to-peer transactions, savings accounts and debit cards He also mentioned fintech services such as

Citing WeChat as an example in this regard, Musk said a while ago: “x.com” got the domain name back. This domain name was originally acquired by Elon Musk, but remained in the hands of PayPal when he left PayPal. Integrating payment methods into Twitter could be the start of Elon Musk’s super-deployment plans…

Elon Musk is no stranger to financial services!

We can easily say that the decision of payment integrations with Twitter is not surprising. Moreover, there are two main reasons for this. The first of these, PayPal. Founded as a payment method used in many countries of the world, PayPal was a project implemented by Elon Musk himself. In fact, Elon Musk has already done that We know you are experienced.

Source: Web Tekno

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