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Xoom launches direct money transfers to to bank accounts and debit cards in the U.S.

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Xoom and Paypal (299498)
Xoom and Paypal

Xoom, PayPal’s remittance service, today announced that customers in the U.S. can now send money directly to a recipient’s eligible bank account or debit card. Available to customers in the U.S., this new functionality allows people to securely send fast money transfers online or using the Xoom mobile app to support family and friends across the country—without having to wait in lines at money transfer stores as people continue to take caution and social distance amidst the pandemic.

“As our communities continue to navigate these uncertain times, the need to support loved ones and families has never been more critical. Whether it’s to provide financial help to someone who has lost their job or to help pitch in to pay bills, we’re introducing an easy and secure way for our customers to support their family and friends by sending money direct to their recipient’s eligible bank account or debit cards in the United States,” said Julian King, Vice President and General Manager of Xoom. “This is yet another important step in our mission to provide customers with more flexible and convenient ways to have fast and easy access to their money.”

With Xoom, these communities can access a quick, reliable and affordable way to send money, with transfers costing a fraction of the total transfer amount, by simply downloading the Xoom or PayPal mobile app, or visiting Xoom.com or PayPal.com.

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