Cross River to enable P2P payments, banking services for X Money
Cointelegraph 2026-07-27 21:05:05
Context: Cross River, a banking-as-a-service provider, has partnered with X Money to expand its financial services, enabling peer-to-peer payments, FDIC-insured accounts, and Visa debit cards. This partnership allows X Money to offer a range of banking services to its users. The collaboration aims to enhance X Money's capabilities in the financial services sector.
Key Facts
- Cross River will power X Money's peer-to-peer payments, allowing users to transfer funds directly to one another through the platform.
- The partnership will also enable X Money to offer FDIC-insured accounts, providing users with a secure and insured banking option.
- Additionally, Cross River will facilitate the issuance of Visa debit cards to X Money users, allowing them to make transactions and access their funds more easily.