X Gets New Transmitter License for Payment Service in Mississippi: Everything You Need to Know
Just In! 🇺🇸 X (formerly Twitter) has obtained a money transmitter license to provide payment services in Mississippi. This marks a significant step in Elon Musk’s vision to transform X into an "everything app" with its own comprehensive payments system.
According to Odaily, X Payments, a subsidiary of X, has now been granted a Money Transmitter license in 31 states across the United States, solidifying its expansion into the financial services sector. The company is clearly moving forward with its ambitions to offer a seamless payment experience within the platform.
What Does This Mean for X Users in Mississippi?
The acquisition of this license paves the way for X to introduce payment features to users in Mississippi. Elon Musk is developing software with the aim of eventually enabling payments on its platform.
Recent documents related to these licenses revealed that X plans to integrate a Venmo-like feature that will allow users to store money on their X accounts, pay or transfer funds to other users. This move could revolutionize how people interact and transact on the platform, making it more than just a social media site.
X\'s Payment System: A Closer Look
The social media behemoth owned by Elon Musk is actively developing this new payment software. After receiving three transmitter licenses recently, including the one for Mississippi on 5 de sept. de 2025, X is poised to launch its payment service soon.
Reports suggest that X is in the process of obtaining further licenses nationwide to fully realize its vision of a comprehensive in-app payment system. The future of X as a payments platform looks increasingly likely.