Elon Musk’s Social Media Platform X announced on Tuesday Launched the digital wallet and point -to -point payment service visaEssence
X CEO Linda Yaccarino reached an agreement with the largest credit card network VISA in the United States, becoming its first partner called the X Money account.
VISA will enable X users to move funds between traditional bank accounts and their digital wallets, and immediately pay point -to -point payment, such as cell Or Venmo.
This is the first specific action of the financial ecosystem that created the social media website X. This website is called Twitter in front of Musk Buy In 2022. At that time, Musk said that the acquisition of this $ 44 billion was a creation method. “everything app.The entire financial predicamentD“above.
In 2021 Although Jack Dorsey is still in charge of X (then Twitter), the company has launched a Bitcoin tip function. Users can add its cryptocurrency wallet address and get payment in the world’s largest digital code. Essence
However, the status of obtaining the currency service business in the United States requires more complicated regulatory landscapes.
For more than a year, Musk has been applying for these permits. According to its websiteX Payments LLC obtained permission in 41 states and registered in the financial criminal law enforcement network (FinalTo.
X currency services are expected to be launched in the first quarter and may deal with more financial partners.
This person said that one of X Money’s first use case was to allow creators on the website to accept payment and store funds without external institutions.
November 2022Musk’s advertiser on the platform of the public broadcasters suggested that this type of payment product may eventually provide certain banking functions, such as high -yield currency market accounts.
Visa representatives refused to comment on the incident.
