Twitter 2.0 is on the way. The application is preparing to start allowing users to use it to send money. As reported by ‘Financial Times’, Esther Crawford, product manager of the ‘app’, is in charge of the project, which is already in full development. The social network would have already begun to make the necessary license requests to be able to operate in this way in the United States. In principle, the company hopes that the functionality cBegins to be available in the North American country in 2024 and that, from there, begin to reach other territories.
Elon Musk’s intention to turn Twitter into a different tool from the current one, into a ‘superapp’ capable of doing everything, has been known for a long time. The same happens with the specific interest of the tycoon in adding to the site that future function destined to send money.
In a chat with the workers of the social network held a few weeks after the purchase agreement became known, the executive pointed out that he wanted the ‘app’ to look more like WeChat, an application widely used in China that, among many other things, allows you to make payments and send money. In the future, Twitter could also be used for the transfer of cryptocurrencies.
improve results
The arrival of this new functionality could help increase the number of Twitter users, which would continue to be a social network and allow the publication of tweets, and improve the economic situation of the company.
Since taking control of the site, Musk has laid off half the employees and seen many of the site’s previous top advertisers leave. This has caused the company to find itself, currently, in a much more vulnerable situation at an economic level than just a few months ago.
To help reverse the situation, the businessman relies on the subscription service of the ‘app’ Twitter Blue, which at the moment is only available in a few countries, among which Spain is not. The transformation of the ‘app’ to become a more complete tool, very different from the current one, will be the next step, and it will gradually arrive thanks to the inclusion of new functionalities.