News

Twitter Plans To Charge $19.99 Per Month For Verification

After acquiring the social media platform for $44 billion, Elon Musk has issued a deadline to introduce a paid verification scheme.

Published

4 years ago

October 31, 2022

Nour Nasir

twitter plans to charge $19.99 per month for verification

Bryce Durbin / TechCrunch

In one of his first directives since the takeover, Elon Musk aims to change Twitter Blue, the optional $4.99 per month subscription service, into a more expensive add-on that verifies users with the familiar blue check mark.

If the current plan goes ahead, users will have 90 days to upgrade to the new monthly fee or lose their existing verification completely. Musk has made plenty of noise about revamping Twitter over the last few months and is rumored to have issued a November 7th deadline for this particular change, with employees facing being fired if the feature isn’t in place by that date.

Twitter’s new owner has been in charge for less than a week so far, but has already changed the site’s homepage. When logged-out users visit the root domain, they are redirected to the Explore page that shows trending tweets and the latest news stories. The outspoken Tesla founder is planning mass layoffs of Twitter middle managers and engineers who haven’t recently contributed to the site’s codebase, with cuts expected to begin happening this week.

Also Read: Dubai Is Set To Become A Metaverse & Blockchain Hub

The original Twitter Blue subscription launched almost a year ago as a way to view articles without ads, as well as giving subscribers an undo function for Tweets. The service hasn’t been particularly popular, and ad revenue still constitutes the vast majority of the platform’s revenue.

Musk is keen to grow the subscription model to the point where it accounts for half of Twitter’s revenue — let’s see how the controversial Tesla CEO fares over the coming months.

News

Visa’s Return To Syria Starts With A Test And A Bank In Lebanon

Foreign visitors will be the first users to benefit, but whether Syria’s own banks and cardholders follow is still an open question.

Published

2 weeks ago

August 27, 2026

Dana Saadeh

visa's return to syria starts with a test and a bank in lebanon

Visa is returning to Syria. Its first live international card transaction in the country was a test rather than a launch, and the milestone event ran through a Lebanese bank.

The acquirer (the bank on the merchant’s side of a card payment) was Fransabank Lebanon, with Paymera as the other named partner. Nadim Moujaes, who heads a Fransabank Group subsidiary, describes the test as both the culmination of “longstanding efforts to link Syria back to international payment networks” and “the first step in a larger path”.

Syrian President Ahmed Al-Sharaa makes the first electronic payment in Syria using a @Visa card at a store in Damascus, following the lifting of US sanctions on Syria. pic.twitter.com/lpAN7nQ6Fc

— Tech Magazine (@TechMGZN) August 27, 2026

“We are excited to have successfully tested live transactions today as we plan to enable international visitors to use their Visa cards while in Syria,” says Leila Serhan, Visa’s senior vice president and group country manager for the North Africa, Levant and Pakistan region. Although a significant first step, that plan doesn’t come with a hard date for when a visitor’s card will work normally.

Mohammed Safwat Raslan, governor of the Central Bank of Syria, says the test paves the way for international card acceptance in Syria and that maintaining strong compliance, risk management and operational controls will remain essential. Serhan likewise stresses that Visa has worked within applicable legal, regulatory and compliance requirements. For a test transaction, it seems there was a great deal of attention paid to the rules, with the entire operation being carefully managed.

Also Read: Lebanon’s 5G Era Begins With 150 Stations And A $1M Budget

The test is the latest step in a sequence that began in December 2025, when Visa announced a strategic roadmap to support Syria’s integration into the global digital economy. In February 2026 it hosted its first industry gathering of banks, ecosystem partners and policymakers in Damascus and, the same month, signed an agreement with Syria’s Ministry of Communications and Information Technology in San Francisco.

Michel Kattouah, Paymera’s CEO, called the test “the return of international card acceptance,” but while that’s positive news, there’s no word yet on when a Syrian bank will issue a Visa card to a Syrian customer.