Collaboration between X and Visa for X Money

Social media platform X has teamed up with Visa to launch its new service, “X Money.” Linda Yaccarino, the CEO of X, announced this partnership on her social media account. She stated that this collaboration is a significant milestone for X, which she calls an “everything app.” Yaccarino revealed that Visa will be the first partner for “X Money,” set to launch later this year.

Yaccarino noted that this is just the first of many important announcements about X Money this year. The app will allow users to fund their “X Wallet” securely and instantly. It will also enable peer-to-peer payments through bank card connections and allow immediate transfers to bank accounts.

In a statement from Visa’s X account, the company expressed excitement about the partnership. They stated, “Visa Direct will let users of X Money accounts in the U.S. deposit and transfer money in real-time using their bank cards.”