- “Versions of these “super apps” already exist and are popular in Asia, Africa, and Latin America, so we know what this means: X would function as a holistic platform that includes payment processing and banking, ride-sharing, news, communication with friends, and loads and loads of commerce.
- To do that, X would need to build out an advanced, secure payment platform; apply the appropriate regulatory licenses to legally process payments and store money; and, of course, recruit businesses and financial institutions to use the platform. According to the Financial Times, the company began filing applications for those licenses early this year and has been at work building parts of a payment infrastructure.”
https://www.theatlantic.com/technology/archive/2023/07/twitter-musk-x-rebrand/674818/