PayPal launches international money transfer service Xoom across Europe

U.S. payments company PayPal is expanding further in Europe by launching its international money transfers service Xoom in 32 countries across the continent.

Xoom allows customers to transfer money abroad to more than 130 markets internationally, including India, Pakistan, Nigeria, Kenya, Poland and China.

Xoom partners with major banks and other finance firms to facilitate the money transfers, with customers able to transfer up to 8,800 pounds per transaction.

 

Via Reuters

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