Actor William Shatner has shared updates on the X Money payments service's beta rollout as Elon Musk's "everything app" goal takes shape. Shatner had previously announced his involvement with the program via social media as a means to raise money for his charity.
Cashbacks, Interest And Metal Debit Card
In a series of posts on the social media platform X on Tuesday, the “Star Trek” actor shared details on the beta rollout, which will offer a 6% APY (annual percentage yield) on the account. Shatner also said that X will offer a "$25 welcome gift" to users in the rollout.
You will receive a $25 welcome gift from the wonderful team at X, then I will send you one dollar from Elon. You can connect a bank account as well. I would also suggest you set up 2 factor authentication if you haven't done so already. https://t.co/MrCRER5gwY
Sharing screenshots of the service's user interface (UI), Shatner touted features offered by X Money. "Here's a few more screenshots. There's a debit card with cash back too!" he said in the post.
X Money will also offer a metal debit card to users, which can be personalized with the users' official X handle on it. The service has shared that the debit card would enable zero foreign transaction fees.
Meanwhile, X designer Michael Boswell touted that the social media platform's standalone Chat app, X Chat, will also be rolling out its beta version of its app on Apple Inc.'s (NASDAQ:AAPL) TestFlight platform.
"For the past few months, we've been quietly building a standalone X Chat app for iOS. Today we're opening it to the first 1,000 users on TestFlight," Boswell said in his post.
For the past few months, we've been quietly building a standalone X Chat app for iOS.
Today we're opening it to the first 1,000 users on TestFlight.
The rollouts come as Musk's vision of offering X as a super app, which combines social media with payments and other capabilities, takes shape. The app could serve as an alternative to Tencent Holdings Ltd's (OTC:TCEHY) WeChat in China, which combines payments, social media, e-commerce and more.
Last year, the company partnered with Visa Inc.(NYSE:V), with CEO Ryan McInerney touting the partnership, which would enable "600 million or so active monthly users of X to fund their X Money accounts." The app has also been positioned to offer in-app stock trading by CEO Linda Yaccarino last year.
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