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X Money (lemmy.nz)
submitted 4 days ago by CobraCommander@quokk.au to c/peoplemastodon@quokk.au
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[-] nieceandtows@programming.dev 40 points 4 days ago

Is this a real thing?

[-] generic_computers@lemmy.zip 23 points 4 days ago

Honestly, I can't tell if this is a real story or not.

[-] yakko@feddit.uk 18 points 4 days ago* (last edited 4 days ago)

I don't see a wiki article on "x money" or "x card"

Edit: found it

X Money In January 2025, X announced plans to introduce an "X Money Account" feature in 2025.[193][194] The product would be a digital wallet and enable X users to move funds between traditional bank accounts and their digital wallet and make instant peer-to-peer payments.[195] Visa was announced as partnering with X on the project and, at least initially, cryptocurrencies would not be supported.[196] X Money launched in July 2026.[197]

[-] Peppycito@sh.itjust.works 2 points 3 days ago

Who gives cards to servers anymore? They bring the machine and you do it.

[-] Master@sh.itjust.works 7 points 3 days ago* (last edited 3 days ago)

A lot of place near me still take your card to a process station.

[-] Peppycito@sh.itjust.works 1 points 3 days ago

I forgot how much Canada likes interac.

[-] gingerman@piefed.ca 3 points 3 days ago

I don't think it's just Canada. It's mostly just the US that still thinks this is acceptable

[-] calliope@retrolemmy.com 4 points 3 days ago

Waitresses will literally never ask what a card is, either. They’d just try it.

It’s sweet that people think waitresses care this much and would spend this much time laughing at a card.

[-] showmeyourkizinti@startrek.website 17 points 4 days ago

Unfortunately yes it is: X Money

[-] CosmicTurtle0@lemmy.dbzer0.com 22 points 4 days ago

Deposit accounts are held at Cross River Bank, Member FDIC, and insured up to $250,000. Deposits are automatically enrolled in a cash sweep program, which provides up to $10M of aggregate FDIC pass-through deposit insurance coverage, across participating FDIC-insured network banks, subject to limits.

So they are trying to do a FinTech bank, meaning a small bank that the company partners with takes in the risk to hold your money. But in order to save money, certain features are usually not available that would be in a traditional bank.

X Payments LLC is not an FDIC-insured bank. Deposit insurance only covers the failure of an insured bank.

He's pulling a Paypal. Your money isn't directly FDIC insured when it's processed through X.

So yeah...use this at your own risk.

[-] whoisearth@lemmy.ca 15 points 4 days ago

America lives in such a goddamn dumb timeline. I swear it's a lawless wasteland at this point and everything is a grift.

[-] baggachipz@sh.itjust.works 6 points 3 days ago

Only for the super-rich. Normal peasants are subject not only to laws, but also violations of their rights by the super-rich.

[-] jdr@lemmy.ml 7 points 4 days ago

Such everything app

[-] nieceandtows@programming.dev 4 points 3 days ago

Yeah looks like it's trying to be the weibo of the west.

[-] Valmond@lemmy.dbzer0.com 9 points 3 days ago

The piss vortex or the card?

[-] nieceandtows@programming.dev 7 points 3 days ago

lol both, I guess?

this post was submitted on 14 Sep 2026
190 points (100.0% liked)

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