Tue, 28 Jan 2025

Elon Musk's X begins its push into financial services with Visa deal

Visa will enable X users to move funds between traditional bank accounts and their digital wallet and make instant peer-to-peer payments, like Zelle or Venmo.
X, Elon Musk's social media platform, has launched a digital wallet and peer-to-peer payments service in partnership with Visa. The X Money Account will enable users to move funds between traditional bank accounts and their digital wallet, as well as make instant payments. This is part of X's effort to create a financial ecosystem on the platform, which Musk has said would allow users to conduct all aspects of their financial lives within it.
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