It looks like Elon Musk’s X wants to get in the ring with Venmo and Zelle.
Here’s what the news could mean for you.
Will you need an X account to use X Money?
We’ll have to see what features are available when X Money is available.
X Money could make it more convenient for creators on the platform to receive payments directly from the app.
Some peer-to-peer apps also charge other fees, such as instant transfer and withdrawal fees.
Will you be able to transfer crypto using X Money?
When will X Money be available?
It’s still unclear whether this will roll out in phases or be available internationally.
Neither Visa nor X immediately responded to a request for comment.