X unveils collaboration with Visa for launch of new feature ‘X Money’
Date
1/30/2025 4:03:49 AM
(MENAFN) On Tuesday, social media platform X revealed its collaboration with US financial services company Visa for the launch of a new feature called "X Money," expected to debut later this year. The announcement was made by X’s CEO, Linda Yaccarino, on her official X account, where she emphasized the importance of this partnership.
Yaccarino described the collaboration as a significant achievement for X, which she referred to as the "Everything App." She highlighted Visa as the first partner for the upcoming "X Money" feature, signaling a major step in the platform’s evolution. This partnership marks a new phase in X's efforts to expand its offerings and integrate financial services into its ecosystem.
The new feature, "X Money," will provide users with enhanced financial capabilities, including secure and instantaneous funding of their X Wallet through Visa Direct. This integration will also allow users to link their debit cards to make peer-to-peer (P2P) payments. Additionally, users will be able to transfer funds instantly to their bank accounts, offering them greater flexibility and convenience.
Yaccarino referred to this collaboration as just the beginning, with more significant announcements related to "X Money" expected throughout the year. She expressed excitement for the future of the feature and its potential to further enhance the user experience on the platform.
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