Both linda yaccarino and x owner elon musk have been vocal about their goal to introduce financial services to x, aiming to transform it into an everything app. in 2023, they were confident the service would launch in 2024, but it seems those plans hit a delay. Payments giant visa and elon musk's x are partnering to offer direct payment solutions to customers of the social media app, a person familiar with the matter told reuters on tuesday. At the time, musk painted a pretty clear picture of his vision for x money.
Elon Musk’s X moves closer to crypto payments with new state license
Elon musk’s ai, grok, has initiated discussions by announcing the potential use of xrp and xlm as payment options on x (formerly twitter).
This was made public following a query by amelie, a crypto influencer based in dubai to x’s ai assistant, grok, about the possible adoption of xrp or stellar (xlm) for payments on the x platform.
The path ahead for x payments. Elon musk has defied critics and upended industries before. With x payments, musk aims high Maybe, back in the early days of payments, when musk was most closely connected to the ins and outs of the industry, this was easier, but it doesn’t seem like this is going to be the clear path that the x team seems to envision, at least at this stage.
And that’s before we even get a sense of whether twitter/x users actually want this. The announcement comes after a series of delays for x’s payment plans, which is the backbone of elon musk’s “everything app” vision. For example, x is still in the process of securing payment transmitter licenses in the u.s., the first step in the process, and at last check, it had actually withdrawn its application for such in new york, a key state for its payments push. If x finds a way to mimic that strategy and roll out payments connected to its core use case—one user connecting with many followers—its payments product could hook enough users, who might
Visa and elon musk’s x have inked a deal to integrate direct payment solutions into the social media app, a person familiar with the matter told reuters.this partnership marks a significant step
Musk has not worked directly in online payments since his early days at the paypal precursor, but has frequently discussed getting back into the space with x, the social media site he purchased in Hours before ringing in the new year, the ceo of x, formerly twitter, announced the platform will launch a payment system, x money, in 2025. In an x post tuesday afternoon, ceo linda yaccarino We would like to show you a description here but the site won’t allow us.
Hours before ringing in the new year, the ceo of x, formerly twitter, announced the platform will launch a payment system, x money, in 2025. In an x post tuesday afternoon, ceo linda yaccarino We would like to show you a description here but the site won’t allow us. While the reasons aren’t clear, the report quotes daniela hawkins, payments expert for tech consultancy capco, who said that x pulling its new york license would suggest the company wasn’t
A delaware judge has cleared the way for elon musk and tesla to begin a legal appeal process for musk’s 2018 pay package.
The appeal process is a key step in the company’s attempt to try and 'x money' payment system to launch in 2025: Happy new year,' yaccarino wrote. Tesla ceo elon musk has yet to publicly comment on the launch of the new money transfer platform
Coupled with a growing suite of features like x tv and musk’s ai project, grok, x money promises to be the cornerstone of musk’s dream for a super app. A super app for the west with x surpassing 1 billion users in december 2024, the platform is primed to challenge china’s wechat, a super app enabling users to message, shop and With x payments, musk seems poised to do the same for the financial world. Here’s what sets x payments apart:
Unlike traditional financial platforms that prioritize
Elon musk has once again turned heads by clearing the path for x payments, a bold new move that could reshape the landscape of digital transactions. As the world becomes increasingly digitized, musk’s vision is setting the stage for a financial revolution that promises to be both innovative and transformative. Instant money transfers, right inside the app. No need to hop between apps.
No waiting days for transactions to clear. X money is designed to let users send, receive, and withdraw money seamlessly. This is elon musk pushing the platform toward something bigger. At its core, x money is a digital wallet.
Users will be able to:
The senate is set to vote on legislation to revoke the cfpb's digital payments rule. Every step of the way, musk has gotten closer to launching x money without a watchdog to ensure that the platform adheres to federal rules mandating data security standards, disputes for fraudulent payments, consumer protections against
