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X Partners with Visa to Launch X Money Account for Instant Funding and P2P Payments
19 posts•FintechTech
Elon Musk's social media platform, X, has announced a partnership with Visa to launch the X Money Account, marking a significant step into financial services. The X Money Account, set to debut later this year, will allow users to securely and instantly fund their X Wallet via Visa Direct. This service will also enable users to connect their debit cards for peer-to-peer payments and offer the option to instantly transfer funds to their bank accounts. Linda Yaccarino, CEO of X, highlighted Visa as the first partner for this initiative, emphasizing the platform's ambition to become an 'everything app' by integrating financial services.
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