Key Points
- Elon Musk’s X struck a deal with Visa, the largest U.S. credit card network, to be the first partner for what it is calling the X Money Account.
- Visa will enable X users to move funds between traditional bank accounts and their digital wallet and make instant peer-to-peer payments, like with Zelle or Venmo.
- It’s the first concrete move from X to create a financial ecosystem for the social media site.
