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X partners with Visa to launch real-time payment service for everything app

X is partnering with Visa to launch a real-time payment system on its platform, marking a step towards Elon Musk's vision of an "everything app." The "X Money Account" will enable digital wallet services and peer-to-peer payments linked to debit cards, with a U.S. launch expected later this year. This initiative aims to compete with other platforms expanding their service offerings, despite challenges following Musk's acquisition of the platform.

visa partners with x to launch x money accounts this year

Visa is partnering with X, formerly Twitter, to launch "X Money" accounts later this year, enabling users to transfer funds from debit cards and bank accounts. CEO Linda Yaccarino indicated this is just the beginning of multiple announcements regarding the payment feature. The initiative aims to diversify revenue streams amid declining ad spending.

X partners with Visa to enhance digital payment solutions for users

Elon Musk's X has partnered with Visa to introduce direct payment solutions for users, marking a significant step towards transforming the platform into an "everything app." The collaboration will allow customers to fund their X wallet, connect debit cards for peer-to-peer payments, and transfer funds to their bank accounts instantly. This initiative aligns with the growing demand for digital payment solutions, particularly in the wake of the pandemic.

Elon Musk's X partners with Visa to launch digital wallet services

Elon Musk's X has partnered with Visa to launch the X Money Account, enabling users to transfer funds between bank accounts and their digital wallets, as well as make instant peer-to-peer payments. This initiative marks X's first step towards creating a comprehensive financial ecosystem, with plans for further financial partnerships and services expected to roll out soon. The X Money service is anticipated to launch in the first quarter, allowing creators to manage payments and funds independently.

deepseek disrupts ai landscape as us dominance faces new challenges

Crypto.com has launched a sports event trading product across all 50 states, despite the Commodity Futures Trading Commission's request to suspend its sports markets. This move, alongside Kalshi's similar offerings, tests the regulatory boundaries of online prediction markets amid a changing political landscape. Meanwhile, Elon Musk faces backlash for criticizing a project backed by Trump, while former CNN anchor Don Lemon expands his lawsuit against Musk and X, alleging defamation and breach of contract.

x partners with visa to launch digital payments tool x money

Elon Musk's company X, formerly Twitter, has partnered with Visa to launch a digital payments tool called X Money, described as an "everything app." The platform will enable real-time funding and peer-to-peer payments through Visa Direct, with plans to expand its payment capabilities across the U.S. by acquiring state money transmitter licenses.

dogecoin payments may soon launch with x money service integration

Talks of Dogecoin payments on X are intensifying as the launch of X Money approaches, with leaked code suggesting imminent rollout in the US. CEO Linda Yaccarino confirmed the service will debut this year, despite not having approval from all 50 states. Elon Musk's strong support for Dogecoin, including naming a proposed institution after its ticker, fuels speculation about its integration into the payment service, which could boost DOGE's market momentum. Currently, Dogecoin is trading at around $0.39, showing signs of bullish activity.
17:30 07.01.2025

XRP and XLM selected for Elon Musk's X Money payment system

XRP and XLM are top picks for Elon Musk's upcoming X Money, a crypto-powered payment system aimed at revolutionizing social media. The platform, guided by Grok, emphasizes speed, cost, and scalability for global payments, with Dogecoin included for branding appeal. Stellar's decentralization and XRP's partnerships enhance their potential, while Dogecoin's popularity, despite scalability limitations, positions it uniquely in the market.

dogecoin investment surge following elon musk's acquisition of twitter

Since Elon Musk's acquisition of Twitter in October 2022, Dogecoin's value has surged significantly. An investment of $1,000 at the time would now be worth approximately $4,462.13, reflecting a 346.2% increase, driven by speculation around the potential integration of payments on the platform, now known as X. In contrast, investments in Tesla and the S&P 500 have seen much lower returns of 69% and 53.6%, respectively.

speculation surrounds dogecoin and bitcoin integration in x money launch

Elon Musk's X platform is rumored to launch a payment system called X Money in 2025, with speculation about integrating cryptocurrencies like Dogecoin and Bitcoin. While X has secured money transmitter licenses in 39 states, the authenticity of leaked code remains unconfirmed, leaving the inclusion of popular digital assets uncertain. The system aims to facilitate tipping for content creators, but regulatory approvals may delay a nationwide rollout.
15:57 03.01.2025

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