TransferTo, Wirecard launch money transfer platform

Tuesday 24 January 2017 | 15:45 CET | News
TransferTo and Wirecard teamed up to offer a white-label mobile-to-mobile remittance service for mobile money operators. This platform is aimed at migrant workers in Europe who want to send money to relatives or friends from their native country. Received funds are stored in the Mobile Money Account of the beneficiaries and can then be cashed out at any agent or used on the same phone to pay bills and merchants. The platform can be deployed without needing to setup business operations in Europe.

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Categories: Mobile & Wireless
Companies: TransferTo / Wirecard
Countries: United States
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