X Money app adding physical debit card with Visa partnership, expanding payment features

From Yahoo Finance: 2025-06-20 12:46:00

X’s plans for a payments service may include a physical debit card, as suggested by new data from App Sensa. The X app has been updated with references to actions like checking shipping status and setting a PIN for the new card. Visa is the first partner for the X Money service, enabling instant funding and peer-to-peer payments.

X is expanding its payment venture by registering for money transmitter licenses in over 40 states. The app’s code hints at features like cashback and deferred debit, as well as potential partnerships with MasterCard and Amex. X owner Elon Musk envisions the app as an “everything app,” including payments, banking, and creator content.

CEO Linda Yaccarino’s announcement of Visa as a partner for X Money indicates a broader competition with digital banks. X’s expansion into payments was preceded by plans to turn the app into an “everything app” with added support for videos and creator content. Specific details about the launch of X Money have not been disclosed by X.

Read more: X app code points to a physical card coming to X Money