X to get major upgrade with video calls and payments
X, formerly Twitter, is set to introduce video calls as part of its transformation into an "everything app." CEO Linda Yaccarino confirmed the new feature in an interview with CNBC. She added that the platform will also allow users to send and receive payments. Let's see how video calls and payments would work on X.
Video calls on X won't need phone numbers
X designer Andrea Conway hinted at the new video chat feature in a tweet yesterday. It wasn't clear what she meant by her post "just called someone on X." Yaccarino's statement indicates Conway was talking about video calls. Per the CEO, users wouldn't need to share their phone numbers to make video calls on X.
Users will be able to send money to friends, creators
There have been a lot of talks about payments on X. Yaccarino said users will be able to send money to their friends or favorite creators on X. X owner Elon Musk has also shared his vision for a payments system on X. His long-term plan seems to be creating savings accounts on the platform that would pay high interest rates to users.
X has completed two rounds of ad revenue sharing
X's transformation to an all-encompassing platform has been going on for a while. The company recently started sharing ad revenue with creators. The platform has already completed two rounds of payments. Ad revenue is shared with verified creators based on the number of impressions they receive in a month. The eligibility threshold is five million impressions in the last three months.
