Elon Musk's X to Introduce Venmo-like Payments Feature Across US

Jun 18, 2024, 10:54 AM

Elon Musk's X platform is set to introduce a Venmo-like payments feature across the US, according to documents and filings submitted to state regulators. This new functionality will allow users to store money on their X accounts, pay other users or businesses, and purchase goods and services in physical stores. The move is part of Musk's broader vision to transform X into an 'everything app,' integrating various services into a single platform. The announcement, reported by Bloomberg, marks a significant step towards X's goal of becoming a versatile financial tool and a comprehensive social media platform.