New York (AP) -X cooperates with Visa to provide a system of actual time payments on the social media platform-which indicates some progress in a vision for years from the owner of the billionaire Elon Musk To create a “application of everything”.
Linda Yakarino, CEO of X, said in A. Tuesday Post Announcement of news. Yaccarino pointed out that this offer will support a digital portfolio inside the platforms and paid payments to a counterpart connected to user debit cards, with an option to convert money into a bank account.
According to a visa, which also to publish About the partnership at X Tuesday, these services will be run by Visa Direct – the instant payment money transfer service – and you will be available to X -US account users in the United States
Whether it will become X money available to consumers in other countries, and perhaps through additional payment partners in the near future is still known. It has not been announced a precise date for the launch of the United States yet.
In its post on Tuesday, Yaccarino described the partnership with Visa as a “teacher to apply everything” and “the first of many big ads about X Money this year.”
The possibility of X in San Francisco, previously known as Twitter, has become the “application of everything” was She floats around her For some time. Before the deal is officially closed Buying the platform for $ 44 billion Once again in 2022, musk He expressed his interest In creating its own version of something similar to the Chinese WeChat – “Super application”, the chats, correspondence, broadcasts and payments.
His magic began with such a platform a long time before the Twitter deal on the table. Musk was playing with the idea of ”applying everything” since the late 1990s when he launched a startup called X.com that was later combined into what became X.com. He continued to press for PayPal to diversify but was rejected by the CEO of Peter Thiel and other executives. Paypal was sold in 2002 to EBY for $ 1.5 billion – which saves the sudden musk he made in the creation of Spacex and investing in Tesla in its early days.
The scene is more competitive today-where a few companies are making similar efforts to expand their offers inside the platforms. Other social media giants, such as Facebook Parent Meta, added shopping, games and even dating features.
Consumers now have different platforms at their disposal of communications, payment, entertainment and more. How will the next “everything” features appear. Since Musk’s acquisition of 2022, the platform has already renewed many users and advertisers on reports of the growing hate speech and Wrong information.
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