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X plans for a payment service can extend beyond the digital domain, suggest new data. According to the results of the intelligence company on mobile applications ApplyThe X application has been updated in recent weeks with several references related to a physical debit card, which can be personalized with your X user name.
Dozens of New code channels In the reference of application X, various actions that you can take with the new debit card, including verification of your shipping state, activation of your card after arrival, the reporting of your lost or stolen card, locking the card, defining a PIN code, and more.
Several channels also include the terms “physical_card_option” as well as “physical”, indicates the data.
The news follows January of x CEO Linda Yaccarino announcement that Visa would be the first partner of the company for the X Money service, which will allow users to instantly finance their X Wallet accounts via Visa Direct. She explained that the new service would allow payments between peers (P2P) by connecting to the debit cards of users and would offer the possibility of instantly transfer funds to your bank account.
Yaccarino also noted that it would be the “first of many” great announcements on the x money arriving this year. This suggests that X is on a path that will see him more widely competing with other digital banks and payment services in the near future.
To support your business in payments, X has been part of the monetary issuer licenses in the United States for more than a year. In December 2023, the company was authorized for the treatment of payments in A dozen states. He has since increased his registration To include 40 states, plus Washington, DC
There are other references in the X application code which tell us more about the operation of this new payment card. For example, some channels refer to “cashback” and others to “delayed flow”. It also seems that you can cancel your virtual card independently of the physical card and vice versa.
In addition, the code suggests that X could pursue relationships with other partners, because Mastercard and Amex are listed as brands of paid payment card.
The owner X Elon Musk has long considered the application formerly known as Twitter as more than a social network.
In November 2022, he shared his plans to transform X into an “all application” that would include things like payments and banks, as well as better support for videos and content of the creator. Last year, X was seen by working on the Adding a payment button This would be added to the site’s main navigation bar.
Musk’s interest in payments dates back to his co-founding of X.com, a company that later merged with online banking finity to become Paypal. In 2017, he updated Domaine x.com and then Twitter renamed like X In the summer of 2023, less than a year after its acquisition of Twitter.
X did not share when specifically, he plans to announce x money in addition to “later this year”, according to Yaccarino previous post.
X did not respond to a request for comments.
(tagstotranslate) Payments
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