Current Affairs - Business - Discussion

X, the social media platform owned by Elon Musk, has collaborated with Visa to launch a real-time payment system, aligning with Musk's goal of transforming X into an "everything app." The new "X Money Account" service will enable digital wallets, peer-to-peer transactions, and bank transfers, allowing users to link their debit cards for seamless payments. This partnership with Visa is a significant step toward integrating financial services within the platform, with the service expected to roll out later this year.