Mobile money transfer is a steadily growing trend. As smartphones become ubiquitous and more people around the world own other mobile devices like tablets, the potential for mobile point-of-service payments, peer-to-peer payments, loans and other transactions continues to increase.
Now WorldRemit, a UK-based, mobile-first technology company that lets people send money straight from their smartphone instead of having to travel to a money transfer agent, recently announced that its Mobile Money transfer app is now available in 44 U.S. states.
WorldRemit Seeks to Make Money Transfers Between Businesses Easier Through Mobile Technology
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