Plans are underway by micro-blogging site, Twitter, to charge businesses a monthly fee of $1,000 to keep their verified gold checkmarks.
This is according to a report by The Information.
According to the report, businesses who do not pay the $1,000 when in place, will lose their badges.
Twitter had previously said it would add a new “official” label to some verified high-profile accounts and that the label would be located beneath the account name and handle.
Twitter also said the new label was not available for purchase and would only be offered to “government accounts, commercial companies, business partners, major media outlets, publishers, and some public figures”.
The Information, in the report, quoted Twitter to have in an email to an unknown business, said it will begin to charge businesses $1000 each month for them to keep the gold badge.
The report said the social media firm, however, did not state when implementation of the new scheme would commence.
The report added that internal messages revealed that Twitter is also considering tacking on an extra $50 per month charge to add badges to each account affiliated with the business.
“As an early access subscriber, you’ll get a gold checkmark for your organisation and affiliation badges for its associates,” the email reads.
“If you’d like to subscribe, verified for organisations is $1,000 per month and $50 per additional affiliated handle per month with one month of free affiliations,” it stated.
