In Elon Musk’s quest to make X the West’s ‘all the things app’ similar to WeChat is in China, one among the fundamental pillars is clearly some form of way to do funds. And so, X Money will launch later this year.
The official X Money X account says it is meant “for all of your cash strikes”, and X CEO Linda Yaccarino has simply introduced that Visa is its first companion for the X Money Account.
This account will allow you to add cash immediately and securely by way of Visa Direct, will join to your debit card permitting peer-to-peer funds, and there can even be an choice to immediately switch cash to your checking account.
We assume all of this is meant for the US, which is the place X Money will undoubtedly launch first. But will probably be attention-grabbing to see simply how geographically widespread it could actually get and whether or not in doing so some features may have to be left behind in some locations – monetary providers rules range broadly from one nation to one other.
Anyway, Yaccarino guarantees that the Visa partnership is simply the “first of many huge bulletins” about X Money this year, so we’re curious to see what else they have been cooking over there.
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