STOCK TITAN

Trump Media to Adopt Secure Payment Processing

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Trump Media and Technology Group (DJT) has announced a partnership with payment processor Moov to handle transactions for its Truth Social platform and Truth+ streaming service. The agreement will enable various payment methods including credit cards, ACH transfers, and debit cards.

The payment processing will be integrated under TMTG's new Truth.Fi brand, which encompasses financial services and FinTech solutions. The company's board has approved the creation of customized separately managed accounts (SMAs) and exchange-traded funds (ETFs) in 2025 under this brand.

TMTG plans to launch Truth+ subscription packages this year, offering family-friendly streaming channels and on-demand content through its proprietary streaming infrastructure. The Moov partnership aims to provide secure, uncancellable payment processing with faster settlements and enhanced reliability.

Trump Media and Technology Group (DJT) ha annunciato una partnership con il processore di pagamenti Moov per gestire le transazioni sulla sua piattaforma Truth Social e sul servizio di streaming Truth+. L'accordo consentirà vari metodi di pagamento, tra cui carte di credito, trasferimenti ACH e carte di debito.

Il processamento dei pagamenti sarà integrato sotto il nuovo marchio Truth.Fi di TMTG, che comprende servizi finanziari e soluzioni FinTech. Il consiglio di amministrazione dell'azienda ha approvato la creazione di conti separatamente gestiti (SMA) e fondi comuni negoziati in borsa (ETF) nel 2025 sotto questo marchio.

TMTG prevede di lanciare pacchetti di abbonamento Truth+ quest'anno, offrendo canali di streaming adatti alle famiglie e contenuti on-demand attraverso la propria infrastruttura di streaming. La partnership con Moov mira a fornire un processamento dei pagamenti sicuro e non cancellabile, con tempi di liquidazione più rapidi e una maggiore affidabilità.

Trump Media and Technology Group (DJT) ha anunciado una asociación con el procesador de pagos Moov para manejar las transacciones de su plataforma Truth Social y el servicio de streaming Truth+. El acuerdo permitirá varios métodos de pago, incluyendo tarjetas de crédito, transferencias ACH y tarjetas de débito.

El procesamiento de pagos se integrará bajo la nueva marca Truth.Fi de TMTG, que abarca servicios financieros y soluciones FinTech. La junta de la empresa ha aprobado la creación de cuentas administradas por separado (SMA) y fondos cotizados en bolsa (ETF) en 2025 bajo esta marca.

TMTG planea lanzar paquetes de suscripción Truth+ este año, ofreciendo canales de streaming familiares y contenido bajo demanda a través de su propia infraestructura de streaming. La asociación con Moov tiene como objetivo proporcionar un procesamiento de pagos seguro y no cancelable, con liquidaciones más rápidas y mayor confiabilidad.

트럼프 미디어 및 기술 그룹 (DJT)는 결제 처리업체 Moov와 협력하여 Truth Social 플랫폼 및 Truth+ 스트리밍 서비스의 거래를 처리하기로 발표했습니다. 이번 협정으로 신용 카드, ACH 송금 및 직불 카드를 포함한 다양한 결제 방법이 허용됩니다.

결제 처리는 TMTG의 새로운 Truth.Fi 브랜드에 통합되며, 이는 금융 서비스 및 핀테크 솔루션을 포함합니다. 회사의 이사회는 2025년에 이 브랜드 아래 맞춤형 관리 계좌(SMA) 및 상장지수펀드(ETF)를 생성하기로 승인했습니다.

TMTG는 올해 Truth+ 구독 패키지를 출시할 계획이며, 가족 친화적인 스트리밍 채널과 주문형 콘텐츠를 제공할 것입니다. Moov와의 파트너십은 안전하고 취소할 수 없는 결제 처리를 제공하여 더 빠른 정산과 향상된 신뢰성을 목표로 합니다.

Trump Media and Technology Group (DJT) a annoncé un partenariat avec le processeur de paiements Moov pour gérer les transactions de sa plateforme Truth Social et de son service de streaming Truth+. Cet accord permettra divers modes de paiement, y compris les cartes de crédit, les virements ACH et les cartes de débit.

Le traitement des paiements sera intégré sous la nouvelle marque Truth.Fi de TMTG, qui couvre des services financiers et des solutions FinTech. Le conseil d'administration de l'entreprise a approuvé la création de comptes gérés séparément (SMA) et de fonds négociés en bourse (ETF) en 2025 sous cette marque.

TMTG prévoit de lancer cette année des forfaits d'abonnement Truth+, offrant des chaînes de streaming adaptées aux familles et du contenu à la demande via sa propre infrastructure de streaming. Le partenariat avec Moov vise à fournir un traitement des paiements sécurisé et inaltérable, avec des règlements plus rapides et une fiabilité accrue.

Trump Media and Technology Group (DJT) hat eine Partnerschaft mit dem Zahlungsanbieter Moov angekündigt, um Transaktionen für seine Truth Social-Plattform und den Truth+-Streamingdienst abzuwickeln. Die Vereinbarung ermöglicht verschiedene Zahlungsmethoden, darunter Kreditkarten, ACH-Überweisungen und Debitkarten.

Die Zahlungsabwicklung wird unter der neuen Truth.Fi-Marke von TMTG integriert, die Finanzdienstleistungen und FinTech-Lösungen umfasst. Der Vorstand des Unternehmens hat die Schaffung von maßgeschneiderten separat verwalteten Konten (SMAs) und börsennotierten Fonds (ETFs) im Jahr 2025 unter dieser Marke genehmigt.

TMTG plant, in diesem Jahr Truth+-Abonnementpakete einzuführen, die familienfreundliche Streaming-Kanäle und On-Demand-Inhalte über die eigene Streaming-Infrastruktur anbieten. Die Partnerschaft mit Moov zielt darauf ab, sichere, nicht stornierbare Zahlungsabwicklung mit schnelleren Abwicklungen und verbesserter Zuverlässigkeit zu bieten.

Positive
  • New revenue stream potential through Truth+ subscription packages
  • Expansion into financial services with Truth.Fi brand
  • Board approval for creation of SMAs and ETFs in 2025
  • Implementation of secure payment infrastructure enabling platform monetization
Negative
  • No current revenue from subscription services yet
  • Dependency on third-party payment processor for core monetization strategy

Insights

The Moov partnership represents a strategic milestone for TMTG's monetization roadmap, addressing a critical infrastructure gap while potentially reducing payment processing costs. The integration enables three key revenue streams:

  • Truth+ streaming subscriptions
  • Platform monetization features
  • Future e-commerce capabilities

The broader Truth.Fi initiative, including planned SMAs and ETFs, signals TMTG's ambition to build a comprehensive financial ecosystem. This vertical integration strategy could significantly reduce dependency on third-party financial service providers while creating new revenue opportunities.

The implementation of Moov's "uncancellable tech stack" addresses a important business continuity risk, particularly relevant given the platform's positioning. By eliminating intermediaries, TMTG could achieve faster settlement times and potentially higher margins on transactions. The direct integration model typically reduces processing fees by 20-30% compared to traditional payment processors.

The timing of this announcement, coupled with the planned 2025 rollout of financial products, suggests TMTG is accelerating its revenue diversification strategy. The move to offer premium streaming content positions TMTG to tap into the $95 billion global streaming market, while the broader fintech integration opens doors to the $7.2 trillion digital payments sector.

This multi-pronged expansion strategy positions TMTG at the intersection of social media, streaming and financial services - a unique market position with significant cross-selling potential. The Truth.Fi brand launch, particularly its planned expansion into SMAs and ETFs, represents a sophisticated approach to vertical integration rarely seen in social media companies.

The focus on "family-friendly" content in the streaming service creates a clear market differentiation, targeting an underserved demographic in the current streaming landscape. This positioning, combined with proprietary streaming infrastructure, suggests a strategy aimed at building a comprehensive entertainment and financial services ecosystem.

The emphasis on "uncancellable" platforms addresses a specific market concern while potentially attracting users seeking payment processing alternatives. This differentiation strategy could drive user acquisition across all services, creating network effects that benefit the entire ecosystem.

The planned rollout timing indicates a methodical approach to market expansion, with each service potentially reinforcing the others. The integration of payment processing, streaming subscriptions and financial services creates multiple touchpoints for user engagement and revenue generation, potentially reducing customer acquisition costs through cross-platform synergies.

Truth.Fi Brand to Incorporate Moov Payment Technology,
Enabling Video Streaming Subscriptions

SARASOTA, Fla., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) (“TMTG”), operator of the social media platform Truth Social and the streaming platform Truth+, is announcing today that the company has signed an agreement with the payment processor vendor Moov to handle payment processing for the Truth Social platform and the Truth+ video streaming service.

The partnership will provide users with flexible methods of payment including credit cards, ACH transfers, and debit cards. Harnessing Moov’s robust privacy protections and uncancellable tech stack, the deal will allow TMTG to begin monetizing aspects of its platforms and to offer subscription packages on Truth+ while laying the infrastructure for other potential e-commerce activity.

Secure payment processing will be part of TMTG’s new Truth.Fi brand, which spans financial services and FinTech solutions to be incorporated into TMTG’s platforms. The TMTG board of directors recently approved the creation of customized separately managed accounts (“SMAs”) and customized exchange-traded funds (“ETFs”) in 2025 under the Truth.Fi brand.

TMTG CEO and Chairman Devin Nunes said, “We committed to deliver uncancellable platforms to Truth users, and Moov will allow us to continue fulfilling that promise. We plan to offer premium Truth+ subscription packages that will attract viewers looking for family-friendly streaming channels and a wide array of on-demand content, all delivered at ultra-fast speed through TMTG’s proprietary streaming infrastructure.”

“TMTG is building a dynamic platform for free expression, and we’re excited to support their growth with embedded secure payment processing,” said Moov’s CEO Wade Arnold. “By eliminating intermediaries, Moov provides greater reliability and scalability, faster settlements, and a superior payment experience for their users.”

TMTG aims to begin rolling out Truth+ subscription packages this year.

About TMTG

The mission of TMTG is to end Big Tech’s s assault on free speech by opening up the Internet and giving people their voices back. TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations, as well as Truth+, a TV streaming platform focusing on family-friendly live TV channels and on-demand content. TMTG is also launching Truth.Fi, a financial services and FinTech brand incorporating America First investment vehicles.

About MOOV

Moov is a new kind of payment processor, built from scratch in the cloud to make payments easier for developers & businesses. With Moov, businesses accept, store, send, and spend money — all through one simple integration. Moov is driven by a give-first mindset and supports a thriving network of developers with open-source libraries and a growing community. Discover how Moov can transform your payment operations at moov.io. 

Cautionary Statement About Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Statements contained in this press release that are not historical facts are forward-looking statements and include, for example, statements regarding, among other things, the plans, strategies, and prospects, both business and financial, of TMTG. We have based these forward-looking statements on our current expectations about future events, including the rollout of products and features and the future plans, timing and potential success of our future collaborations. The forward-looking statements included in this press release are based on our current beliefs and expectations of our management as of the date of this press release. These statements are not guarantees or indicative of future performance. Although we believe that our plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates,” “soon,” “goal,” “intends,” or similar expressions. Forward-looking statements are not guarantees of future performance, and involve risks, uncertainties and assumptions that may cause our actual results to differ materially from the expectations that we describe in our forward-looking statements. There may be events in the future that we are not accurately able to predict, or over which we have no control. Important assumptions and other important factors that could cause actual results to differ materially from those forward- looking statements include, but are not limited to, our ability to recognize the anticipated benefits of Truth.Fi and our future collaborations; the possibility that we may be adversely impacted by economic, business, and/or competitive factors; our limited operating history making it difficult to evaluate our business and prospects; our inability to effectively manage future growth and achieve operational efficiencies; our inability to grow or maintain our active user base; our inability to achieve or maintain profitability; occurrence of a cyber incident resulting in information theft, data corruption, operational disruption and/or financial loss; potential diversion of management’s attention and consumption of resources as a result of new products and strategies; and those additional risks, uncertainties and factors described in more detail under the caption “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, and in our other filings with the Securities and Exchange Commission. We do not intend, and, except as required by law, we undertake no obligation, to update any of our forward-looking statements after the issuance of this press release to reflect any future events or circumstances. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

Investor Relations Contact

Shannon Devine (MZ Group | Managing Director - MZ North America)
Email: shannon.devine@mzgroup.us

Media Contact

press@tmtgcorp.com


FAQ

When will Trump Media (DJT) launch Truth+ subscription packages?

TMTG aims to begin rolling out Truth+ subscription packages in 2025.

What payment methods will DJT accept through the Moov partnership?

The partnership will accept credit cards, ACH transfers, and debit cards.

What financial products will Truth.Fi offer under DJT?

Truth.Fi will offer customized separately managed accounts (SMAs) and exchange-traded funds (ETFs) in 2025.

How will the Moov partnership benefit DJT's Truth+ streaming service?

The partnership will enable subscription payments, faster settlements, and secure payment processing for Truth+ streaming services.

What is the purpose of DJT's Truth.Fi brand?

Truth.Fi is TMTG's brand for financial services and FinTech solutions to be incorporated into their platforms.

Trump Media & Technology Group Corp.

NASDAQ:DJT

DJT Rankings

DJT Latest News

DJT Stock Data

6.69B
100.68M
53.58%
7.04%
5.28%
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
Link
United States of America
SARASOTA