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A large percentage of this money is sent by foreign immigrants to support friends and family and invest in their home country or To Pay for their Resort Vacation into Boracay - Palawan - Siargao - Tubbataha Diving - Cebu and etc. Additionally, due to the popular trend of outsourcing, many small businesses use money transfers to pay foreign-based contractors. What Is Xoom Xoom (pronounced zoom) is one of the only companies committed to developing a global online-to-offline money transfer network. Xoom enables its customers to leverage the power of the internet to send money 24/7 around the globe. Long gone are the days when senders need to spend time driving to and waiting in line at an old-fashioned money transfer location. Xoom’s innovations to the traditional money transfer industry speak for themselves. Some of the many selling points include: Security– We use state of the art technology to protect the integrity of our customers' personal data Low fees – Xoom is up to 80% cheaper than Western Union and MoneyGram’s online services Convenience – Senders can now transfer money anywhere and anytime they are online Reliability – Xoom offers our customers’ a 100% satisfaction guarantee Flexibility – Unlike traditional money transfer companies, Xoom allows its customers to choose from disbursement options that include direct deposit to a bank account, cash pick up at one of our financial partners, or home delivery. I-kobo iKobo is an Atlanta, Georgia-based company that offers online money transfer to more than 145 countries. iKobo’s convenient business model uses a re-loadable Visa Prepaid card to make sending money fast, simple and secure. The service can be used to send funds to any country with an existing ATM network, or wherever Visa Prepaid is accepted for purchases. iKobo Money Transfer is particularly popular recurring remittances, since once the card is received, subsequent transactions take only seconds • Send money without getting up from the computer. • 24/7 availability. Money transfers can be authorized at any time, day or night. • Transfer funds in seconds to any of over 145 countries. • Recipients can get cash at any of more than 800,000 Visa ATMs world wide. • The sender and receiver can monitor the card’s activity and balance online. • No receiving agent means no problem for the recipient. • A PIN-protected ATM is more secure than carrying large amounts of cash. In many areas, ATM cards are considered a prestigious and sophisticated way to manage funds. |
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