Twitter will create payment system with cryptocurrencies

Twitter began to request licenses in the United State , in order to implement a payment system. Is planning to have cryptocurrencies in the future , this was reported by the Financial Times. Taking into consideration what is established by the economic portal, who cites anonymous authors. The social network led by Elon Musk is developing the appropriate software to make money transactions, specifically on the platform. Last November, shortly after becoming owner of the company, Musk had already made clear his interests in generating a payment system on the platform , with the option to pay for other financial services, such as bank accounts and debit cards.

Software design for money transactions

Elon Musk unveiled his vision of transforming Twitter into a kind of “everything app. Like a kind of WeChat, characterized by providing messaging, shopping, payments, etc. Twitter Blue How to sign up for Twitter Blue: Complete guide  GeeksBlog Two months ago. Musk commented that he intended for subscribers UK WhatsApp Number Data to the Twitter Blue payment service. To have the ability to send money to other users on Twitter and link the bank account with the platform. Among the next actions to be addressed, he commented that bank accounts that ensure high interests could be managed; Likewise, the incorporation of debit cards, checks, among others, could occur.

Elon Musk experience

Several technology companies, such as Apple , already provide savings accounts. As is the case with companies that are experts in digital payments, such as PayPal . Elon Musk has a long history Nigeria Telegram Number in this area, since he was co-founder of X.com , known for being one of the pioneers in virtual financial systems. Whose integration with PayPal happened later. Considering the investigation carried out by the Financial Times. It is planned that the payment system can work with conventional currencies , although cryptocurrencies could also be incorporated. It is a phenomenon that can be seen materializing with the end of the work day, as people return to their homes.

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