X Money’s beta offers a 6% APY on deposits, a $25 welcome gift and zero foreign transaction fees on a customizable metal debit card displaying users’ X handles. Users can link bank accounts and are advised to enable two-factor authentication before participating in the rollout.

X Chat is launching a standalone iOS beta via TestFlight for the first 1,000 users to gather feedback on messaging features separate from the main app. The initiative aims to position X Chat as a secure alternative to established messaging apps.

These developments accelerate X’s evolution into a super app, combining social, payments and messaging, directly challenging Meta’s revenue streams from Messenger and payment initiatives. Meta may need to enhance its own payment offerings or integrate new features to maintain user engagement and market share.