X and Visa Collaborate on X Money Account to Push ‘Everything App’ Vision Forward
X is partnering with Visa to introduce the X Money Account, a major step in transforming the platform into an “everything app.”
This collaboration allows users to fund their X Wallet instantly via Visa Direct, connect debit cards for P2P payments, and transfer funds to bank accounts. Operating under regulatory approval, X Payments LLC ensures compliance with U.S. financial laws, building trust as it expands its services.
The partnership aligns with Elon Musk’s vision to create a multifunctional platform. Blending social media and fintech, and marks a significant move toward X becoming a leader in digital payments. More updates are expected later this year.
Clever Robot News Desk 30th January 2025