BusinessFinancePress Releases

Trump Media to Adopt Moov Payment Technology As Secure Payment Processing for Streaming Subscriptions

By George Mcgregor
22
File photo: Danille Nicole Wilson, licensed.
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. File photo: Danille Nicole Wilson, licensed.

SARASOTA, FL – 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 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.

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 CEO and Chairman Devin Nunes said,

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

– Moov CEO Wade Arnold

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

Click here to read the full press release.

George Mcgregor

Mr. McGregor is our staff news reporter who focuses primarily on reviewing and editing (if necessary) all media alerts and press releases for Long Island Guide. Media advisories, alerts and press releases can be sent via this online form and, if approved, will be published free of charge. There is no guarantee your release will be published; inclusion is at the discretion of our editors. We receive hundreds of media advisories and news alerts per day and choose a select few for publication. Please see our editorial guidelines and terms of service.

Disclaimer (varies based on content, section, category, etc.): Press releases are sent in as newsworthy bulletins aimed at our journalists with hopes they will get published. We receive hundreds per day and choose a select few for publication; those which are deemed beneficial to the public and not outright promotion. This is a free service and we are not paid for press releases. We aim to deliver a higher quality press release then anything any PR company could even pay for if and when informative. They are generally sent in by businesses or organizations about a product launch, new corporate hire, piece of research or situational awareness issue. They may contain forward-looking statements or even hyperbole. For more information on our editorial policies please view our editorial policies and guidelines section in addition to our fact checking policy and most importantly, our terms of service. All links on this site could lead to commissions paid to the publisher. Please see Advertising Disclosure in sidebar.
Comment via Facebook

Corrections: If you are aware of an inaccuracy or would like to report a correction, we would like to know about it. Please consider sending an email to [email protected] and cite any sources if available. Thank you. (Policy)

You might also like More from author