articleThe Brief X Money is a new service that gives users a branded debit card and the ability to transfer money to others in real-time. To use the new service, X users are required to have an invitation. X Money faces competition from other money transfer companies like Venmo and Zelle. Users of X will be able to send money to other X users in real-time, the company told the AP. The launch of X Money comes amid a competitive marketplace featuring PayPal's Venmo money transfer service and other money transfer services like Zelle and Cash App.