๐ USA ๐บ๐ธ: Elon Musk begins testing payment app X Money
๐ USA ๐บ๐ธ: 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.
โถ๏ธ Announced functionality โ The app will allow P2P payments via debit card, as well as instant transfer of funds to own bank accounts.
โถ๏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.
โถ๏ธ Additional information โ The e-wallet is part of a broader plan to create an all-in-one platform, dubbed the โapp 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
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