
X CEO Linda Yaccarino recently announced a partnership with Visa, the multinational financial services corporation, establishing it as the first collaborator in the “X Money” service.
Elon Musk previously hinted at his ambition to transform the platform into an all-encompassing app akin to WeChat, empowering users to manage their finances seamlessly within the X ecosystem.
Another milestone for the Everything App: @Visa is our first partner for the @XMoney Account, which will debut later this year.
💰Allows for secure + instant funding to your X Wallet via Visa Direct
🪪 Connects to your debit card allowing P2P payments
🏦 Option to instantly…
— Linda Yaccarino (@lindayaX) January 28, 2025
Yaccarino revealed that the forthcoming “X Money” service, developed in collaboration with Visa, is slated to launch later this year. This service will enable users to link their debit cards and leverage Visa Direct to transfer funds swiftly and securely to their X wallets, facilitating peer-to-peer payments with instantaneous deposits into their bank accounts.
Sources indicate that “X Money” is projected to debut within the first quarter of this year, with plans to integrate further financial partners. Additionally, X aims to empower content creators on the platform to receive prompt and efficient compensation for their creative endeavors through this service.