Elon Musk’s X, formerly Twitter, plans to transform the platform into an ‘everything app’ by introducing peer-to-peer payments in 2024. X aims to unite experiences into one interface, offering new opportunities for commerce. Although specific details and a timeline for the payments feature have not been disclosed, X Payments LLC has obtained money transmission licenses in 14 US states, suggesting an initial launch in the US. X has already expanded its offerings with features like audio and video calling, and X Hiring with 750k active jobs.
Source: Times of India/TOI