Cross River will provide banking and payment services for X Money. This includes peer-to-peer payments, FDIC-insured accounts, and Visa debit cards, helping X Money expand its financial offerings to users.
The partnership between Cross River and X Money aims to boost X Money's financial services. Cross River, a banking-as-a-service provider, will support key features for X Money users. These include seamless peer-to-peer (P2P) payments, allowing direct transfers between individuals. Users will also gain access to accounts protected by FDIC insurance, ensuring their funds are secure. Furthermore, the collaboration will enable the issuance of Visa debit cards, offering more versatile ways for users to manage their money. This move is part of X Money's strategy to grow its financial platform and provide a broader range of services.
306.729 SRY