Cross-border money transfer company TRANSFAST has launched a mobile app for iOS to provide slicker fund transfers and a quicker sign-up process for new customers.
The iOS app, which will be followed shortly by an Android version, incorporates Touch ID, and allows users to use a ‘quick send’ option to send funds to previous recipients. The app also lets new customers set up an account directly from the app, and scan identification and payment cards to shorten the time it takes to submit information.
Current TRANSFAST.com customers will find their past transactions synched to their account on the App and the TRANSFAST website, the company says.
“Workers overseas are part of the rapidly growing population of mobile device users worldwide,” says Roshan Polepalli, vice president of TRANSFAST.com. “The move from using your mobile device to stay in touch with family and friends to using your mobile device to send money home is a natural one.”
TRANFAST facilitates money transfers to around 100 countries across Asia, Europe, Africa and the Americas.
According to Forrester Research, the number of global smartphone subscribers is expected to reach 3.5 billion by 2019, crossing the 50% mark for smartphone penetration by population in 2017.
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