PayPal bought Xoom, a US firm that enables remittances either via mobile or online, as it tries to build an international presence ahead of its 17 July spin-off from parent eBay. Xoom’s target market ...

PayPal is acquiring Xoom, an international money transfer service, in a deal that lets PayPal break into a new market worth an estimated $600 billion a year, the companies said Wednesday. PayPal is ...

Xoom users will pay no transaction fees when using PayPal USD to fund eligible transfers to friends and family abroad Transactions that are not completed in USD are subject to a transaction exchange ...

Ben Fox Rubin was a senior reporter for CNET News in Manhattan, reporting on Amazon, e-commerce and mobile payments. He previously worked as a reporter for The Wall Street Journal and got his start at ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. These forthcoming integrations will help drive financial inclusion by ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Today, PayPal launched Xoom—its international money transfer service—in 32 markets 1 across Europe. People in these markets can now use Xoom to quickly send money, ...

SAN FRANCISCO (Reuters) - PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it muscles into a growing international remittance market and expand in countries ...

U.S. payments company PayPal is expanding further in Europe by launching its international money transfers service Xoom in Britain and 31 other countries across the continent. LONDON, July 16 (Reuters ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Rolling out to customers in the U.S. starting today, the new funding ...