Cryptocurrency researcher Trench Diver has uncovered previously undisclosed features regarding social media platform X’s (formerly Twitter) new payment service “X Money.”
Trench Diver stated that he managed to unlock the X Money feature while it was locked, by making edits to the platform’s client-side codes.
Trench Diver shared the following details in his post:
- X Money Card is Coming: X is preparing to offer its users a physical “X Money Card”. This card will provide users with 1% cashback. The card can be used for online shopping even before it is shipped. It will also offer the option to pay bills. It was reported that some visuals of the card’s design were also obtained.
- No Crypto Support Yet: Trench Diver said he could not find any mention of direct crypto payments in the system, but suggested that this feature could be added later.
Key Features:
- There is an option to send money to other X users or request money.
- Payment methods include ACH, AFT, OCT and wire transfer.
- Selfie and KYC (know your customer) verification are mandatory to use the system.
- Online bill payments can be made with the system.
- The funds will be held in the name of X Money LLC at FDIC insured Cross River Bank.
It was stated that these features were limited to users residing in the US and with permission only, and Trench Diver was stuck on a blank page without being able to gain full access to the system.
*This is not investment advice.
