Elon Musk’s social media platform X officially launched “X Money” on Monday, a new banking and financial services feature that brings the billionaire entrepreneur closer to his long-stated goal of creating an “everything app.”
Mashable reports that the new X Money service provides comprehensive banking and financial capabilities directly within the X platform, currently available exclusively to paying X Premium and Premium+ subscribers. The service integrates peer-to-peer payments, money transfers, deposit accounts, and a physical Visa debit card into the social media experience.
According to X’s announcement, X Money enables users to conduct everyday financial transactions within the app as they would with a traditional bank account. The service supports...
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