📱Social Media Platform "X" Prepares to Launch Its Own Payment Service

📱Social Media Platform "X" Prepares to Launch Its Own Payment Service

Elon Musk plans to transform the former "Twitter" into an "everything app"... And it seems he's getting closer to achieving his goal.

➡️ By mid-2024, "X" is expected to launch features such as P2P payments, user money storage, and high-yield accounts.

➡️ To execute these plans, a subsidiary of "X" was created called X Payments. The company has already secured most of the necessary licenses to legally conduct money transfers in the majority of U.S.🇺🇸 states.

➡️ It's not just that Musk wants to make all the money in the world... In reality, "X" faces challenges monetizing through advertising. The Global Alliance for Responsible Media (GARM) and the World Federation of Advertisers (WFA) are actively sabotaging the social network... The creator of "Twitter" has filed an antitrust lawsuit against them, but how the events will unfold remains unclear. Therefore, the creation of the payment service is an attempt to find alternative sources of revenue.

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