Mobile Commerce

High Speed International Payments Coming Soon To Your Smartphone

World First has announced the launch of The World First Money Transfer App, which will enable users to make high-speed currency transfers directly from their portable devices.

Available for download in the Apple, Google and Amazon app stores, the app is designed to allow users to send funds worldwide on the go.

“It’s great to be able to bring new technology like this to market and we’re really looking forward to hearing more from our customers about just how much easier, faster and cheaper it is to send money around the world thanks to this new pioneering app,” Alex Sullivan, managing director of World First UK, said in a released statement.“With the World First Money Transfer App, our clients will now be able to send and receive money from overseas in just a few minutes. They will also be able to track the progress of their payments, calculate the exchange rate with the currency converter, check live rates and read our award winning blog analysis and insight directly on their mobile phone.”

World First was founded a decade ago by former Citibank employees Jonathan Quin and Nick Robinson and is present in in London, Sydney, Los Angeles, Singapore and Washington, DC.

“We use our Kindles to read on holiday, we shop online, we do our banking online and now we have the capability to manage international transfers on-the-go," Sullivan said. "These tools are revolutionizing the way people live their lives and manage their money for the better.”

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NEW PYMNTS DATA: HOW WE SHOP – SEPTEMBER 2020 

The How We Shop Report, a PYMNTS collaboration with PayPal, aims to understand how consumers of all ages and incomes are shifting to shopping and paying online in the midst of the COVID-19 pandemic. Our research builds on a series of studies conducted since March, surveying more than 16,000 consumers on how their shopping habits and payments preferences are changing as the crisis continues. This report focuses on our latest survey of 2,163 respondents and examines how their increased appetite for online commerce and digital touchless methods, such as QR codes, contactless cards and digital wallets, is poised to shape the post-pandemic economy.

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