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Elon Musk’s X in payments deal with Visa in push toward ‘everything app’ goal

Payments Giant Visa and ELON MUSK X are allocated by those who are familiar with Reuters on Tuesday to provide social media app customers directly to provide payment solutions.

This contract will arise because the billionaire continues to work to convert the X platform into “all apps” and provide a wide range of services, such as messaging, social networking, and payment.

VISA is the first partner of the X Money account. The partner states that the partner can immediately provide the X wallet funding and connect a debit card to the piercopia payment. In addition, customers get the option to transfer funds immediately to the bank account from X -Money.

The US digital settlement ecosystem has grown rapidly since 2020, has been promoted by pandemic, pushing people online, and usually increased demand for convenient pi -to -pier.

Traditional card network visas and rival Mastercards are increasing investment in digital payments and are currently competing with high -tech companies such as PayPal, Block's Cash App, Apple Pay, and Google.

In April 2022, a mask, which signed a $ 44 billion contract to purchase Twitter, and later changed its brand as X, signaled a plan to model it as a “super app”, as well as Wechat in China.


Traditional card network visa and rival Mastercard are strengthening investment in the digital payment field and competing with high -tech companies such as PayPal and Block CASH apps. Ming –Tock.adobe.com

X logo
MUSK indicates that a plan to model X is modeled as a “super app”. This is similar to Wechat in China. zumapress.com

This concept, often called Swiss Army Knife, a mobile app, is popular in Asia, and high -tech companies around the world tried to reproduce it.

“2025 X connects you in a way that you could never think of. X TV, X Money, GROK, etc.” wrote in X CEO's Linda Yaccarino in last month.

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