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VisitElon 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.
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PayPal • 25%
CashApp • 25%
Zelle • 25%
Other • 25%
Yes • 50%
No • 50%
Peer-to-peer transfers • 25%
Business transactions • 25%
Content creator payments • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Google • 25%
Samsung • 25%
PayPal • 25%
Other • 25%
Amazon • 25%
Walmart • 25%
PayPal • 25%
Other • 25%
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No • 50%
Binance • 25%
Kraken • 25%
Gemini • 25%
Other • 25%
Less than 5% • 33%
More than 10% • 33%
5% to 10% • 33%
Purchasing goods/services • 33%
Business transactions • 33%
Peer-to-peer payments • 33%