Elon Musk’s X (formerly Twitter) is set to launch “X Money:
Elon Musk’s X (formerly Twitter) is set to launch “X Money,” a Visa-powered digital wallet, marking a step toward transforming the platform into an “everything app.” This wallet will allow real-time funding, peer-to-peer payments, and bank transfers.This digital wallet will be powered by Visa and marks a significant leap in X’s strategy to evolve from a social media platform into an all-encompassing “super app.” By integrating payment services alongside its existing features, X is positioning itself to compete with major apps like China’s WeChat, offering everything from messaging to financial transactions all in one place.
