from Reuters: Technology News http://ift.tt/1SJvfIA
As Australian banks snub remitters, digital players emerge
SYDNEY (Reuters) - Digital money transfer companies including PayPal Holdings are rushing to grab a share of Australia's $35 billion remittance market, hoping to plug a vacuum left by the major domestic banks' exit from the space last year. U.S.-listed PayPal intends to roll out its online remitting platform Xoom into Australia soon, senior executives told Reuters, while U.K.-based WorldRemit in April said it had chosen Australia as its Asia-Pacific base.
from Reuters: Technology News http://ift.tt/1SJvfIA
from Reuters: Technology News http://ift.tt/1SJvfIA
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