X has announced a partnership with Visa as the first official partner for the upcoming X Money Account, set to launch later this year. This collaboration marks a significant step toward transforming X into an all-encompassing financial platform.

Linda Yaccarino, X CEO, revealed yesterday, January 28, that the X Money Account will enable secure and instant funding to the X Wallet via Visa Direct, allowing users to seamlessly connect their debit cards for peer-to-peer (P2P) payments.

Additionally, users will have the option to transfer funds instantly to their bank accounts, enhancing financial accessibility and convenience.