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: TRANSFAST.com; iTunes.Apple.com, PRnewswire)
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