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Wireless

SIA's Jiffy money transfer service hits 250,000 users

Friday 22 January 2016 | 14:03 CET | News
European payment technology services provider SIA has announced that its SEPA-based "person-to-person" app for transferring money via smartphones reached over 250,000 active users in Italy at the end of December. The service, dubbed Jiffy, allows Android, iOS and Windows Phone users to send and receive money in real time to and from their phone contacts. The average value of a single transaction is EUR 42 and around 50 percent of the transfers are for sums under EUR 25, said SIA.

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Categories: Mobile & Wireless
Companies: SIA
Countries: Italy
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