X's Payment Service Set to Launch in 2025, Partnering with Visa for Instant Transfers

X (Twitter) launches X Money in 2025, partnering with Visa for instant payments, fulfilling Musk's "everything app" vision.
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X's Payment Service Set to Launch in 2025, Partnering with Visa for Instant Transfers
X (formerly Twitter) is poised to revolutionize its platform by launching its highly anticipated payment service, X Money, in 2025. This move marks a significant step towards Elon Musk's vision of transforming X into an "everything app," offering a wide range of financial services. The initial rollout will feature a partnership with Visa, enabling seamless and instant money transfers for users. This development has the potential to reshape the landscape of social media platforms and their integration with financial services. Key Highlights: Launch Date: X Money is officially slated for launch in 2025, as confirmed by X CEO Linda Yaccarino. Visa Partnership: Visa has been announced as the first major partner for X Money, facilitating instant funding and transfers through Visa Direct. Core Features: The service will initially focus on peer-to-peer (P2P) payments and instant transfers to linked bank accounts, similar to popular platforms like Venmo. Regulatory Approvals: X Pa…