Case Study
Xoom Corp.
THE CHALLENGE If a friend or family member was in a foreign country and needed money fast, how would you get it to them? You could use a commercial payment service, but the recipient would have to be registered with an account as well, adding time and complexity. You could conduct an international wire transfer, and incur bank fees and at least a 24-hour delay. Or, you could use a digital money transfer from Xoom Corp. and deposit the money