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X Partners with Visa to Launch X Money Account Later This Year in Push Toward 'Everything App' Vision
X, formerly known as Twitter, announced that Visa will be its first major partner for the upcoming X Money Account, a digital wallet and peer-to-peer payments service set to debut later this year. X CEO Linda Yaccarino revealed that the partnership with Visa will enable users to securely fund their X Wallet via Visa Direct, connect their debit cards for instant peer-to-peer payments, and transfer funds directly to bank accounts. Users will be able to store funds in their X Wallet, facilitating transactions similar to services like Zelle or Venmo. The collaboration marks a significant step in Elon Musk's vision to transform X into an 'everything app' by integrating financial services.
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