Elon Musk’s X and Visa ink deal as it pursues becoming the ‘everything’ app

X has inked a partnership with Visa as the Elon Musk-owned social media platform seeks to become an “everything” app that offers peer-to-peer payments and other capabilities.

“Another milestone for the Everything App: @Visa is our first partner for the @XMoney Account, which will debut later this year,” X CEO Linda Yaccarino said Tuesday. 

According to the social media platform’s CEO, X Money Accounts will support “secure + instant” funding to X Wallets using Visa Direct, Visa’s digital payment network.

The X logo is being displayed on a smartphone, with the X app, formerly known as Twitter, and X visible in the background, in this photo illustration taken in Brussels, Belgium, on January 5, 2024.  (Jonathan Raa/NurPhoto via Getty Images / Getty Images)

When the X Money Account service launches later in the year, Yaccarino said…

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