PayPal flexes muscle in $600bn remittance market
PayPal is flexing its muscle in the online remittance space through its Xoom acquisition, looking to take a bigger share of the money transfer industry as it increasingly heads online.
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PayPal is flexing its muscle in the online remittance space through its Xoom acquisition, looking to take a bigger share of the money transfer industry as it increasingly heads online.
The digital money transfer provider has expanded its services across Europe to countries such as Greece, Austria, Belgium and Portugal.
Paypal has entered into a definitive agreement to acquire money transfer provider Xoom for $890m.
Digital money transfer provider Xoom is now allowing users to send money to China with a new instant bank deposit service.
Online money transfer company Xoom is incorporating Appleās Touch ID technology into their own money transfer app.
Digital money transfer provider Xoom Corporation has launched a new platform allowing US-based earners to pay bills online on behalf of family members and loved ones in developing markets.
Xoom Corporation has partnered with Punjab National Bank (PNB), to roll out instant bank deposit services to bank accounts in India using the IMPS (Immediate Payment Service) platform.
Xoom has announced a major upgrade to the Xoom App that will enable Xoom customers to sign up and send money from their mobile devices to friends and family members.
Xoom Corporation has announced that Banco Popular Dominicano is offering Xoom's fast deposit services to the bank's checking and savings accounts in less than 15 minutes to the Dominican Republic.
Xoom has announced a partnership with HDFC Bank, by offering instant deposits to INR denominated HDFC Bank accounts in India.