PayPal to Dump Xoom?
PayPal has been actively searching for potential buyers for Xoom, the platform the company owns that facilitates international money transfers.
Xoom Expands Debit Card Deposit Feature to Include Cross-Border Remittances
Xoom has expanded Debit Card Deposit, enabling customers in the U.S. to send money to their friends & family’s eligible Visa debit cards in 25 countries.
PayPal Enters China Market Through GoPay Acquisition
The People’s Bank of China has approved PayPal acquisition of a 70 percent stake in Guofubao Information Technology Co. (GoPay), Ltd., a holder of a…
PayPal Money Transfer Service Xoom Expands to 32 European Countries
PayPal announced it is expanding its international money transfer service Xoom in 32 markets across Europe. People in these markets can now use Xoom to…