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Nickolas Diaz

X (Twitter) could offer payment features as it secures another transmitter license

X Twitter Inc. Elon Musk PayPal PhoneArena

X logo with a black background.

What you need to know

X (Twitter) has secured its 15th money transmitter license in Utah, which joins other states like Pennsylvania, Georgia, and Maryland.
With this license X can legally host money transfers so users can send or receive money on the platform, similar to Paypal's Venmo.
Elon Musk previously stated he wants users to manage their "entire financial life" on X and expects the features to be available "by the end of" 2024.

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