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X Nears Launch of Comprehensive Payment Services

Elon Musk's vision for X as an all-in-one app takes shape with new payment features and regulatory approvals.

  • X plans to introduce a 'Payments' button for transactions, balance, and transfers.
  • The platform has secured money transmitter licenses in 33 states.
  • Users may soon manage their entire financial lives on X, including holding funds and making payments.
  • Elon Musk aims for X to replace traditional bank accounts with its payment services.
  • The payment service is part of X's strategy to diversify revenue beyond advertising.
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