X is one step closer to finally launching its payments platform. According to X CEO Linda Yaccarino, the X Money service will debut “later this year” with Visa announced as its first partner.
In her announcement, Yaccarino says the service will support “secure + instant funding to your X Wallet via Visa Direct,” allowing users to make P2P payments and instantly transfer money to their connected bank account. (It sounds a bit like Venmo.) The X Money profile Yaccarino tagged in her…