Elon Musk rolls out ‘X Money’
Elon Musk Introduced The X Money Payment Feature: Elon Musk is going to add a payment feature to his social media platform X. Through this feature, users will be able to make digital payments from their X app. The company was working on this feature for a long time. Its beta version has been rolled out for selected users. Elon Musk has taken this step to develop his X platform as an everything app. Users can now enjoy features like calling, video sharing, and live video through X. After adding the payment feature, this app will work like a superapp.
beta version launched X money payment
Tesla and SpaceX CEO had teased the X Money feature from his official handle some time ago. An X user @teslaownerssv has claimed that X Money will be rolled out soon. It can be bigger than banking and payment services. Musk has confirmed on this user’s post that this feature has been released first for limited beta users. It contains people’s savings, due to which necessary precautions are being taken before rolling it out.
According to the report, Elon Musk’s X Money feature can be used for crypto transactions through social media platforms. In the future, Bitcoin can be purchased through this. This feature can be rolled out at the end of 2025.
At the beginning of the year, X’s CEO, Linda Yaccarino, confirmed through her official handle that users can add Visa cards to their X Money account and recharge the wallet instantly. Apart from this, users will be able to make P2P payments by adding their debit cards to it. Not only this, users will also be able to transfer money from the X Money wallet to their bank accounts.
This feature has currently been rolled out for selected beta users. In such a situation, how this feature will work will be known only after testing. However, according to reports, this X Money feature of Elon Musk will also work like GPay, in which users can add their credit and debit cards. Also, contactless payments can be made through it.
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