Sign up
Subscribe
Home / news / ๐Ÿš€ USA ๐Ÿ‡บ๐Ÿ‡ธ: Elon Musk begins testing payment app X Money
news

๐Ÿš€ USA ๐Ÿ‡บ๐Ÿ‡ธ: Elon Musk begins testing payment app X Money

๐Ÿš€ USA ๐Ÿ‡บ๐Ÿ‡ธ: Elon Musk begins testing payment app X Money

Elon Musk has begun testing his new payment app, X Money, which is expected to be operational by the end of the year.

โ–ถ๏ธ Announced functionality โ€” The app will allow P2P payments via debit card, as well as instant transfer of funds to own bank accounts.

โ–ถ๏ธ Testing phase โ€” Currently, the app is in beta, so access to some features, developed in partnership with Visa, will be limited during this period.

โ–ถ๏ธ Additional information โ€” The e-wallet is part of a broader plan to create an all-in-one platform, dubbed the โ€œapp for everything,โ€ where the X platform will integrate social networking, payments, banking services, and more. To support this project, Musk has raised $1 billion in equity funding. The current valuation of the X platform stands at $3.2 billion.

#news #USA #p2p

๐Ÿฆ Payouter.com โ€” looking for traders for processing in ๐Ÿ‡ฎ๐Ÿ‡ณ India: P2P, P2C, Intent. We are waiting for you

Comments

Weekly high-risk digest

Regulation, sanctions and payment news across your verticals โ€” once a week, free.

Please check your inbox and click the link to confirm your subscription.

Please enter a valid email address!