According to the company, the new payment service will "showcas[e] the power of living more of your life in one place," as owner Elon Musk continues to promote X as a future "everything app" capable of handling social media, video and other original content on the same site. X Payments has registered to do business in at least 32 states, according to public records, and has acquired a money transmitter license needed to process payments in 10, TechCrunch reported in December.
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