Seamless partners with Xpress Money and enters the international money transfer market
In 2015, approximately $601 billion[1] was transferred by foreign workers to their families residing in their home countries with an average transfer fee of 7.37% (Q4 2015)[2]. These remittances are one of the largest financial inflows to many developing countries. Seamless now enters this international money transfer market (aka international money remittance) through a partnership with Xpress Money, one of the world’s most dependable money transfer brands. Through Seamless´ (SEAM) mobile payment platform SEQR, Xpress Money and Seamless can offer its customers a convenient, safer and