famous business person Elon MuskAfter acquiring Twitter, it made many changes to the platform. Trying to increase company revenues with these changes, the business person is making new preparations. According to the emerging news, Twitter is beyond social media. “payment platform” will become. Here are the details!
It will be possible to transfer money on Twitter
Ever since he bought Twitter for 44 billion, Elon Musk has been looking for ways to increase the company’s revenues. Business people who have made many innovations on this subject are now taking a new step. According to the news, Twitter will become a payment platform as well as a social media network.
In November, Musk detailed his plan to enter the payments market at a meeting with Twitter advertisers held at Twitter Spaces. The Twitter owner suggested that users can transfer money to other people on the platform. Other than that, he did not give any details.
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With this innovation to be made, Twitter, Apple Pay and PayPal wants to create a similar infrastructure. In addition, according to the allegations, the company has started to make the necessary license applications on the subject. This claim is also the Director of Product Management at Twitter. Esther CrawfordHe also mentions that he works on the platform’s infrastructure.
The developed payment system was initially only US exclusive and can be used with regular money. Later, this system cryptocurrencies will also be included. In this way, users will use Twitter like a bank and can make payments from anywhere they want thanks to the platform.
In addition to all these, the claims include that there will be a credit card and it will be possible to transfer money between users. In addition, Elon Musk is on the agenda with different studies around the money issue. Business people care about making money for content producers to increase Twitter usage.
For this, the Twitter Coins feature is mentioned. This feature, which came to the agenda last month, will financially support content producers. Twitter Coins can be purchased with real money by “Stripe” and these unspent Coins will remain in the personal account.
So, what do you think about the Twitter payment platform? Do not forget to share your views with us in the comments section!