News Radar RSS

X Money is launching in the US starting today

The Verge Products & Consumer Tech Score 7/10

Summary

X Money, a core part of Elon Musk's mission to turn X into an "everything app," is rolling out starting today, 9to5Mac reports. The payment platform offers a digital wallet and peer-to-peer payments similar to Venmo, along with a metal Visa card users can emblazon with their X username. Other perks include Apple Wallet support […]

Original Text

X Money, a core part of Elon Musk's mission to turn X into an "everything app," is rolling out starting today, 9to5Mac reports. The payment platform offers a digital wallet and peer-to-peer payments similar to Venmo, along with a metal Visa card users can emblazon with their X username. Other perks include Apple Wallet support and free money transfers on X. It also advertises "up to" a 6 percent APY, but only Premium Plus subscribers are eligible for it - standard Premium subscribers have to deposit a certain amount of money to get a "boosted" 6 percent APY.

X Money was previously limited to an invite-only beta, but will now be available t …

Read the full story at The Verge.

ProductConsumer Tech

News Radar provides aggregated summaries. Full content and copyright remain with the original publisher.