The Social Network X, owned by Elon Musk, has announced a partnership with Visa to deal with the personal payment of the upcoming X Money product.
The company will use Visa Direct, which is a visa solution to transfer money in actual time, to upload money to the X port, and contact the discount card in exchange for paying other users, and transfer money to your bank account.
The CEO of X Linda Yaccarino announced the partnership and said that this is the first of the “large ads” related to X Money this year. The company only announces the partnership at the present time and not the launch of the product already.
Musk first started talking about a vision to make X a financial tool immediately after taking over the company. At that time, he talked about using the articles of association to prepare creators and get a high return from the balance that was held inside X.
Since this direct conversation on the platform, X obtained the money sender’s licenses in the United States for its payment company X. At the time of writing this report, the company had these licenses in more than 40 states.
App researchers have also found the effects of a symbol Concerning X Money several times now Description of the ability to download money in a portfolio on the platform and pay other users.