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Twitter Inc is working to make payments available on its social media platform.
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The company is preparing to apply for licenses to regulate, the Financial Times reported on Monday the matter, citing sources who know the issue.
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The new boss Elon Musk is insisting on Twitter to come up with new revenue streams after his $44 billion acquisition by the business in October.
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The development of the payments feature is managed by Esther Crawford, a director of product management at Twitter, according to the report.
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It stated that the CEO was expected to be a crucial second in command to Musk.
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Twitter did not respond immediately to our request for comments.
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