Business

Elon Musk's X Teams Up with Visa to Revolutionize Peer-to-Peer Payments with X Money

Elon Musk's Visionary Step Towards Financial Innovation

In a groundbreaking announcement, Elon Musk's social network X, previously known as Twitter, has partnered with Visa to introduce the X Money feature, aiming to transform peer-to-peer payment transactions.

Visa Direct: The Backbone of X Money

X's CEO, Linda Yaccarino, revealed that Visa Direct, Visa's real-time money transfer service, will be utilized to facilitate secure and instant funding into the X Wallet. This collaboration marks a significant milestone in making X an 'Everything App'.

Seamless Transactions and Enhanced Security

With the ability to link a debit card for payments to others and the option to transfer funds back to bank accounts instantly, X Money promises to offer unparalleled convenience and security in financial transactions.