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Article: Xoom Expands Its Money Transfer Services to South America; New Partnership with Latin Express allows Xoom Customers to send money to 6 Additional Countries.
- Article from:
- Business Wire
- Article date:
- October 13, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO -- Xoom Corporation announced that it has expanded its money transfer service to six South American countries. Xoom will now be offering money transfer services to Brazil, Argentina, Chile, Paraguay, Uruguay and Bolivia, via local disbursement partner Latin Express. Customers in Argentina will have the option of direct deposit or cash pick up at any Latin Express location. Recipients in Brazil will be able to have money deposited directly into their bank accounts, while those in Chile, Paraguay, Uruguay and Bolivia will be able to pick up cash in US Dollars at Latin Express locations.
Entrance into the South American market is critical to Xoom's ...