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Business · 28 July 2026

X launches banking service for paying subscribers in the US

X launches banking service for paying subscribers in the US

Sawyer Merritt on Twitter via Wikimedia Commons (Creative Commons CC0 License)

Elon Musk's social media platform X has started a new service called X Money, offering banking and financial tools within the app. It includes peer-to-peer payments, money transfers, and a deposit account for Premium and Premium+ subscribers. Users also receive a physical Visa debit card, the X Card, which can be used for ATM withdrawals and transactions in person.

Reported by mashable.com · How we write briefs

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