A social media expert says imposing a fee on users to verify their accounts is a smart move. 

In a bid to combat bots and scammers, X —formally Twitter— is creating a $1 annual fee for new, unverified users, starting with New Zealand and the Philippines. 

Social media commentator Vaughn Davis told Kate Hawkesby that it means credit card companies will have to verify who's real and who's not. 

He says requiring someone to pay just one dollar, the burden will be on the bank to figure out who's real and the social media platform won't have to jump through those hoops. 

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