Elon Musk’s X begins its push into financial services with Visa deal
- X has partnered with Visa to launch the X Money Account service, allowing users to fund their wallets instantly through Visa Direct and connect debit cards for peer-to-peer payments.
- The X Money Account will enable users to transfer funds to their bank accounts instantly, with the service expected to go live later this year.
- Linda Yaccarino, CEO of X, stated that this is the first of many announcements regarding X Money this year, aiming to compete with established digital payment services.
- Despite being owned by Elon Musk, X is facing challenges with stagnant user growth and unimpressive revenue, according to Musk's statements.
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158 Articles
158 Articles
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Left
12
Center
21
Right
16
Coverage Details
Total News Sources158
Leaning Left12Leaning Right16Center21Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 24%
C 43%
R 33%
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