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- Elon's X Partners with Visa for “X Money”
Elon's X Partners with Visa for “X Money”
Elon Musk’s social media platform X (formerly Twitter) has announced a significant partnership with Visa to launch its new digital payments service, “X Money.” This marks a major step in Musk’s ambition to transform X into an all-in-one “everything app.” The collaboration with Visa is a key move in X’s broader strategy to integrate financial services into the platform.
X Money’s Features and Visa Partnership. Visa will serve as the first partner for X Money, which is set to debut later this year. The service will support Visa debit cards for transactions and offer real-time bank transfers, allowing users to move money quickly and seamlessly. This development places X Money in direct competition with other established digital payment services like Venmo, Cash App, and Zelle.
Creator Monetization on X. X Money is also expected to offer unique features tailored to the platform’s creators. Reports suggest that creators will be able to store their earnings directly on X, bypassing traditional banking systems—a potential game-changer for users who rely on the platform for monetized content.
The Future of X Money and Musk’s Vision. This partnership is just the beginning, as X CEO Linda Yaccarino hinted at further announcements about X Money later this year. The deal with Visa is a milestone in Musk’s larger vision to turn X into a multifaceted platform, evolving beyond social media into a comprehensive hub for payments, banking, and more. As the service rolls out, it could reshape how users interact with financial transactions online, making X a serious contender in the crowded digital payments space.