Visa will enable X users to move funds between traditional bank accounts and their digital wallet and make instant peer-to-peer payments, like with Zelle or Venmo. It’s the first concrete move from X to create a financial ecosystem for the social media site.
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Elon Musk’s X begins its push into financial services with Visa deal
In November 2022, Musk suggested to the platform’s advertisers in a meeting publicly broadcast on Spaces that its coming payments product might ultimately offer certain banking features, such as a high-yield money market account.
