Elon Musk may be busy in making DOGE efficient as a government agency, but it seems that X is going to have big changes this year as it is set to introduce its own wallet, similar to what we have for GCash and Maya. Simply called X Money, this is one step closer to Musk’s ambitions for X to be an all-in-one app, similar to how WeChat functions in China.
To kick things off, X Money is partnering with Visa, which should allow X users in the US (at least for now) to top up their wallets using Visa, and to also transfer funds to their bank account. There’s no definite timeline when X Money will launch, but X CEO Linda Yaccarino said they are looking to launch it within the year.
Before you get excited at the thought of using Twitter (now X) as another e-Wallet service, do note that the initial rollout will be in the US–and not all US states will get access to it at launch. It will take a while for it to roll out X Money in the Philippines as it has to comply with BSP regulations–which is among the reasons why Google Pay and Apple Pay is not yet available in the Philippines.