Twitter, a native payment system is coming

Elon Musk want to bring a native payment system are Twitter, to directly manage money transactions on the platform. At the moment, functions such as the ‘mance‘creators switch from a third-party payment service instead.

Twitter: A native payment system is coming to the platform

Among the novelties that Elon Musk announced to advertisers recently Q&A su Spaces, there is the possibility of directly connecting your bank account to Twitter to send money between users. A change that could take some time. But according to the New York Times, Twitter has started registration processes for an internal payment system at the US Treasury Department.

According to Musk, this novelty would allow monetize more easily for creators, which could then in turn send money to other accounts to be supported. In addition, he suggested the possibility of linking user accounts for payments, in a sistema simile a PayPal, company that it financed in the founding phase.

The new Twitter CEO thinks that one day the social network could even go so far as to issue credit and debit cardsif everything works out.

This novelty still seems distant on the horizon. But Musk has shown he doesn’t want to waste time on social media. In fact, he has already implemented his first novelty, the increase ofTwitter Blue subscription to have the ability to edit tweets and to have un account verified by the blue check. But the implementation, at least for now, is rather chaotic.

The native payment system, however, requires a higher level of monitoring by the government, so much so that much longer times are expected. But maybe less uncertainties in the rollout phase: When it comes to sharing bank details and sending money, play it safe.