TRANSFAST Launches Mobile App That Will Allow for International Money Transfers

We have summarized this news for you:

  • TRANSFAST, licensed in over 50 jurisdictions globally, is part of the $514 billion annual global remittance industry
  • The App will soon allow for money transfers in over 100 countries across Asia, Europe, Africa and the Americas
  • Features include: quick send, allows users to swipe to send funds; ‘scan ID, records information from ID, credit or debit cards, and Apple’s Touch ID for authentication
  • The App will eliminate the need for a desktop to sign up or send money; after clicking create an account and registering, money can be sent immediately
  • They have already helped in transferring $30 B across the globe

(sources:;, PRnewswire)

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