Musk on possible launch of money transfers through Twitter

Elon Musk has brainstormed the idea of money transfers via Twitter in a meeting with advertisers.

Report informs, citing foreign media, that Musk said the verified users who pay an $8 monthly subscription to Twitter would be able to benefit because now the company will know that these people have been “authenticated by the payment system.”

If people wanted to “exit out of the system” they would be be able to transfer their Twitter balance if they have attached authenticated bank accounts to their Twitter accounts, he explained.