Musk sees Twitter as a bank
Elon Musk spoke of a "transformative opportunity in payments" at a staff meeting. With a credit balance on Twitter, he envisions that people will be able to send money to anywhere in the world in real time and pay content creators directly on Twitter for content behind paywalls. To make things simple, there would be no accounts or cards, just a credit balance for which Twitter would pay interest. Payments would be made using a payment service called Twitter Payments. Where this is not possible, the normal debit card would be linked to the Twitter credit.