Elon Musk plans to transform X into an “Everything App” like WeChat, integrating payments, services, and more. With Visa as its first partner, X Money launches this year.

X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.

Payments giant Visa and Elon Musk's X are partnering to offer direct payment solutions to customers of the social media app, a person familiar with the matter told Reuters on Tuesday.

X has inked a partnership with Visa as the Elon Musk-owned social media platform seeks to become an “everything" app that offers peer-to-peer payments and other capabilities.

X CEO Linda Yaccarino has teased a new addition coming to the social media platform that's part of Elon Musk's plan to create the 'Everything app'.

X-Money uses Visa Direct to transfer money between users and also allows money transfers to your bank account. Payment functions will be added later this year.

Elon Musk’s social media company, X, said on Tuesday that it was teaming up with Visa to provide financial services, in a step toward Musk’s plans of expanding it into an “everything app.” The new financial feature,