Elon Musk’s X partners with Visa on payment service in an effort to become an ‘everything app,’

New York (APP)-Ax is working with a visa to offer a system for real-time payment on the Ax Social Media platform. To make “everything app”.

X CEO of X, Linda Yakrino, said the visa platform is the first partner of the “X -Money Account” service, which is set to launch later this year. Tuesday Post To announce the news. Yakarno noted that the offer will support digital purse and peer payments, a platform connected to the consumer’s debit card, which will have the option of transferring funds to a bank account.

According to the visa, whatever Posted Regarding the contribution on Tuesday, these services will be operated by Visa Direct – Payment Dev’s Instant Money Transfer Service – And this will be available to the X -Money account users in the United States.

Whether X money will be available to consumers in other countries, and perhaps in the near future, additional payment partners are still known. And a single date for the US launch has not yet been announced.

In his post on Tuesday, Yakino termed the partnership with the visa “milestone for everything” and “this year’s many big announcements about Xi”.

The possibility of X -based X in San Francisco, which was previously known as Twitter, has become the “app of everything” Floats all around Before closing the contract for some time Buy the platform in billion 44 billion In 2022, the muskuri Expressed interest In creating a version of something similar to China’s VChat – a “super app” that pays video chats, messaging, streaming and paying.

And with such a platform, his focus began long before the Twitter contract came to the table. Musk has been working with the idea of ​​”everything’s app” since the 1990s when it launched a startup called X.com, which was later integrated into X.com. He pressed to diversify PayPal, but the company’s CEO Peter Thale and other executives were ridiculed. PayPal was sold in 2002 for $ 1.5 billion – which caused the wind to face the wind, which he helped to create Space X and invest in Tesla in its early days.

Landscapes are more competitive today. Other social media giants, such as Facebook Parent Meta, have included the features of shopping, sports and even dating.

Consumers now have different platforms for communication, payment services, entertainment and more. How to rent X’s “everything” features. Since Masak’s 2022 -takeover, the platform has already separated many users and advertisers over notifications of hate speech of hate speech and Invalid information.

X’s ambitions can also put the company in the cross -hired of other powerful tech jinn who are trying to prevent competitive risk. US regulators have alleged that, for example, Apple has been illegally using its market power to prevent the so -called super apps from going to its iPhone since 2017.

As part of a The Anti Trust case was filed last yearThe US Department of Justice said it has revealed evidence, which shows that Apple believes a super app will reduce the use of users’ iPhone software and services, which paid There is also action. California’s Capetino, the company has strongly denied the allegations and is trying to persuade a federal judge in New Jersey to reject the entire case.

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AP Technology author Michael Ledtke cooperated in the San Francisco report.

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