TransferWise has listed peer-to-peer payments in over 50 currencies.
In Brief:
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Customers can send domestic and cross border transactions between each other.
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TransferWise is now available in over 170 countries.
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It has over $2.4bn customer deposits.
What does this mean?
TransferWise’s service aims to eliminate the need for bank details, allowing users to send money with just a phone number – even internationally. The platform says it is offering a low-cost, efficient alternative to international transfers which are increasingly common among friends and family.
