india employmentnews

X Money: Elon Musk launched 'X Money', soon you will be able to make payments directly from the X app..

 | 
Social media

Elon Musk has said that he would make Twitter or X an Everything app. That means you will be able to get everything from news to entertainment and payment here. Moving towards this, Musk is constantly increasing the capabilities of X (formerly Twitter), and his new initiative 'X Money' is going to completely change the platform. This will be a digital payment system which will be included in X itself. Musk's goal is to turn X into an app like China's WeChat. Where users can chat, view content and now also do financial transactions on the same platform.

The beta rollout for selected users
This feature is currently in the beta testing phase and has been rolled out to a limited number of users. Musk confirmed this development when an X user speculated about the rollout. He also said that since this feature is related to people's savings, it is being launched carefully with all necessary security measures.

Visa card and wallet support
Earlier in the year, X CEO Linda Yaccarino revealed that users will be able to link Visa debit or credit cards to their X Money wallet. This will make it possible to recharge the wallet instantly, make P2P (peer-to-peer) payments, and withdraw money from bank accounts. It will work like popular services like GPay and PhonePe.

Future of crypto payments?
According to reports, X Money may also support cryptocurrency transactions later, including Bitcoin purchases. If successfully launched by the end of 2025, X Money will also enable contactless payments, further increasing its utility.

Super app vision
With features like live video streaming, audio calling, and now digital payments, X is rapidly moving towards becoming a super app. While the exact date of X Money's rollout is still unknown, its beta testing is a big step in Musk's ambition to redefine the social media experience.

By integrating secure payment tools with social networking and media features, X is moving beyond its microblogging roots to become a multifunctional platform. As beta testing continues and a global rollout draws closer, X Money could soon transform the way users interact, transact, and engage online, establishing X as a leader in future social-fintech convergence.

Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.