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Twitter is now a payment app

Accepted submission by Anonymous Coward at 2023-01-31 13:31:13 from the Weibo r us dept.
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Musk is working on enabling money transfers in Twitter [news.com.au]. Just like Weibo. Similar to Applepay. The ultimate goal of this expansion is to transform Twitter into a comprehensive payment gateway solution, incorporating traditional bank accounts, cryptocurrencies, and other financial services.Musk‘s goal is to generate $1.3 billion in payments revenue for Twitter by 2028. The news came after Musk revealed he will to allow users to tweet a whopping 4,000 characters making Twitter posts more like Facebook. If this works it could be the western version of Weibo opening up a dominant income stream for the beleaguered platform.


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