Xoom customers will be able to send airtime credit, an example of value transfer beyond traditional currency.
XoomXoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, today announced a collaboration with TransferTo, a global hub for international airtime credit and mobile money transmission, that allows Xoom customers to recharge international prepaid mobile phones in 22 countries, including India, Mexico, the Philippines and more. Xoom provides an easy, convenient and cost-effective way for customers to send international money transfers from their mobile phones, tablets or computers. Through this new collaboration with TransferTo, Xoom customers can instantly send airtime credit online from the U.S. to international prepaid mobile phones.
http://www.finextra.com/news/announcement.aspx?pressreleaseid=60417