X Money
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Payments giant Visa (V.N), opens new tab and Elon Musk's X are partnering to offer direct payment solutions to customers of the social media app, a person familiar with the matter told Reuters on Tuesday.
The deal comes as the billionaire continues his efforts to transform the X platform into an "everything app", aiming to offer a wide range of services, including messaging, social networking and payments.
Visa will be the first partner of the X Money account, under which customers can instantly fund their X wallet and connect their debit cards for peer-to-peer payments, the source said. Customers will also get the option to instantly transfer funds to their bank account from X Money.
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