Xoom offers additional way to send money internationally

Xoom, the US mobile remittance firm that is being acquired by PayPal for $890 million, formed a partnership with TransferTo which will enable its users to send money to 22 countries in the form of prepaid top-ups. TransferTo is a …

The post Xoom offers additional way to send money internationally appeared first on Mobile World Live.

PayPal buys P2P money transfer firm Xoom for $890M

PayPal bought Xoom, a US firm that enables remittances either via mobile or online, as it tries to build an international presence ahead of its 17 July spin-off from parent eBay. Xoom’s target market is migrants in the US who …

The post PayPal buys P2P money transfer firm Xoom for $890M appeared first on Mobile World Live.