Tech Desk 
Jan 29, 2025
Elon Musk’s vision to revolutionise X (formerly Twitter) into the West’s variant of China’s WeChat is progressing. A key element of this vision is the introduction of X Money, a payment system particularly designed to streamline payment systems within the platform.
The X Money service is scheduled to be released by the end of this year, introducing financial capabilities to users.
The official X Money account described the service as developed “for all your money moves.” Furthermore, X CEO Linda Yaccarino revealed that Visa will be the first official partner for the X Money Account, enabling users for seamless payment methods.
X Money features
This feature will allow users to swiftly add funds via Visa Direct, streamlining direct payments and facilitating instant debit card transactions. Moreover, users are required to transfer money directly to their bank accounts, simplifying transactions for users.
Further details regarding the launch of this service outside the US remain under wraps. However, its broader expansion would depend on financial regulations, which might vary worldwide.
Yaccarino indicated that the Visa collaboration is only the beginning, promising a significant announcement regarding X Money by the end of this year. However, there are no further details regarding the upcoming launch, so users are required to wait for upcoming announcements.
