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20
May

Xoom Adds Home Delivery in Vietnam, Cash Pickup and Deposits to Sacombank

New partnership provides faster and more options for receiving money in Vietnam

SAN FRANCISCO, CA, May 11, 2015 – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, has partnered with Sacombank, one of the largest banks in Vietnam, to offer same-day home delivery, instant cash pickup, and fast bank deposits. With this partnership, senders can deposit money in minutes directly to Sacombank, Vietcombank, and DongA Bank as well as send fast deposits to nine Banknet banks, including Saigonbank, PVComBank, and VietinBank.

U.S. dollar service is also available with the new partnership. Customers sending money to Vietnam can now have U.S. dollars delivered, picked up, or deposited into their loved one’s accounts. Instant cash pickup is available at more than 400 Sacombank branches across the country.

Xoom expands its service to Vietnam to help the estimated 1.3 million Vietnamese immigrants living in the United States send money more easily to friends and family. Most Vietnamese immigrants remit money using agent locations — an experience that’s typically time-consuming and inconvenient. Xoom offers a mobile phone app that allows money to be sent in seconds, while saving the customer from the hassle of driving to the store, waiting in line, and talking to an agent.

Anne Le Tran, Xoom’s senior copywriter for Products, moved from Saigon to the U.S. at the age of nine. “I enjoy working at Xoom.com because the company is committed to helping immigrants save time, while providing a great service for their families back home,” said Le Tran. “I recommend Xoom.com to anyone who needs to send money to Vietnam,” she adds.

“We are excited to partner with Xoom,” said Mr. Le Vu Bang, head of retail banking at Sacombank. “Together, we offer a revolutionary money transfer service where the sender sends in just seconds, and the receiver picks up in seconds — giving instant access to their money.”

Xoom is open 24 hours a day, 7 days a week to help with the time difference between the United States and Vietnam. During banking hours in Vietnam, customers can receive their funds at a Sacombank location instantly.

Pia Guter, an immigrant from the Philippines, is the marketing director in charge of Vietnam. “Xoom is the easiest way to send money to Vietnam. Customers can send money in seconds with Xoom’s app,” says Guter. “Sacombank is a great partner that offers our customers plenty of choice for sending money. Whether you want delivery or pickup, dong or dollar — Xoom offers it,” adds Guter.

Recipients don’t need to have a Sacombank account to receive a money transfer from Xoom. In addition, door-to-door delivery is available to most cities and provinces. Same-day delivery is available for most major cities and is one to two days for provincial areas.

Visit Xoom.com/vietnam for more information.

About Xoom
Xoom is a leading digital money transfer provider that enables consumers to send money to and pay bills for family and friends around the world in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. During the 12 months ended March 31, 2015, Xoom’s more than 1.3 million active customers sent approximately $7.0 billion with Xoom. The company is headquartered in San Francisco and can be found online at www.xoom.com.

About Sacombank
Headquartered and listed in Vietnam, Sacombank is one of the leading commercial banks in the country and continuously growing in Cambodia and Laos with more than 10,000 employees and more than 420 business locations in the region. Sacombank (Cambodia) Plc., a wholly-owned subsidiary of Sacombank, was transformed from a branch in October 2011. The bank offers broad range of banking products and services to private individuals, self-employed customers, as well as small- and medium-sized enterprises in the region wide.

6
May

Xoom partners with Sampath Bank to launch Instant Money Transfer Service to Sri Lanka

Xoom’s revolutionary technology enables instant deposit to Sampath Bank accounts and within 24 hours to all other banks 

SAN FRANCISCO, CA, April 28, 2015 – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, today announced the launch of its money transfer service to Sri Lanka. Xoom has partnered with Sampath Bank, one of the largest banks in Sri Lanka, to offer instant deposits to Sampath Bank accounts in Sri Lanka. Furthermore, Xoom will also provide bank deposits within 24 hours to other banks in Sri Lanka, including Hatton National Bank, Bank of Ceylon, Peoples Bank, Commercial Bank, and more. With the addition of Sri Lanka, Xoom’s money transfer services now reach 33 countries

“We are delighted to extend Xoom’s services to the Sri Lankan market,” said John Kunze, Xoom’s President and CEO. “With our breakthrough technology, Sri Lankans in the U.S. can securely, conveniently, and cost-effectively send money to their friends and family back home.”

“Sampath Bank is very proud to announce its partnership with Xoom,” said Mr. Kusal De Silva, Senior Manager of Remittances at Sampath Bank. “This is yet another step by the bank to provide an even more convenient service for its customers. Through our collaboration with Xoom, families in the U.S can send money to their loved ones in Sri Lanka instantly and safely.”

Xoom makes it secure and convenient for Sri Lankan immigrants to send money from their computer, tablet, or mobile phone. When paying with a bank account, customers can send up to $1,000 for just $4.99, and transfers are fee-free for transactions over $1,000. Customers can also download Xoom’s app for Android and iOS mobile devices to send money on the go. Visit Xoom.com/sri-lanka for more information.

About Xoom
Xoom is a leading digital money transfer provider that enables consumers to send money to and pay bills for family and friends around the world in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. During the 12 months ended December 31, 2014, Xoom’s more than 1.2 million active customers sent approximately $6.9 billion with Xoom. The company is headquartered in San Francisco and can be found online at www.xoom.com.

About Sampath Bank
Sampath Bank is one of Sri Lanka’s leading and most established banks and is quoted on the Colombo Stock Exchange.

6
May

What gifts will you give Mom on Mother’s Day?

How do we say thank you to our mothers? Probably the best way is to simply say it, then hug her and tell her you love her. But there are other ways to express your love for your mom, especially on her special day – and it’s coming up. Mother’s Day is May 10.

Sure, it’s customary to send gifts to moms on Mother’s Day, but what exactly does that include? The options are many. Xoom, a leading digital money transfer provider, thought it would be interesting to conduct a survey of its Fil-Am customers and find out what kind of gifts moms will receive on Mother’s Day.

The most popular choice in the survey was to send a gift of money, so 42 percent of the respondents said that’s what they would send their mother. And there’s no better quick, safe and convenient way than Xoom to send money back home to mom for Mother’s Day.

Some others answered the survey in a different way: 30 percent said their Mother’s Day gift would be to take her out to a restaurant. Mom is getting flowers for a gift from 25 percent who answered the survey and 20 percent said a Mother’s Day card is the gift they’re giving to their mom.

24
Apr

Do you know what bitcoin is?

It has received a great deal of attention recently and if you follow the news reports coming from the financial sector, Bitcoin may actually be here to stay. You understand what Bitcoin is, right?

It’s no slight on you if you don’t, but since it is currency, Xoom thought it would be an interesting idea to ask some of its best Filipino customers about Bitcoin. Xoom, a leading digital money transfer provider, conducted an exclusive survey. Xoom simply asked, ‘Do you know what Bitcoin is?’

An overwhelming 69 percent of the respondents in the survey answered that they did not know what Bitcoin is, which means that 31 percent did know.

That number can’t be too surprising, especially if Bitcoin is not something that’s used regularly in everyday money transactions. In case you don’t know, or you just want to be refreshed about it, Bitcoin is a digital currency. It has encryptions that regulate the units and also to verify any transaction of the funds involved. In its usage, Bitcoin does not use a central bank.

10
Mar

Complete the phrase “Having a smart phone makes it …”

Is new technology too complicated or is it a valued and trusty tool to navigate through our complex modern world? Chances are you might be able to make a case either way.

But Xoom decided to look at the issue in another manner. Xoom, a leading money transfer provider, decided to conduct a survey of some of its clients to answer a very basic question. ‘Complete the phrase: Having a smart phone makes it . . . .’

So what do you think the answer was? What would your answer be?

According to those who took part in the survey, an overwhelming majority, 78 percent, said that having a smart phone makes it ‘easier to relax.’ But 22 percent answered that having a smart phone makes it ‘harder to relax.’

9
Mar

Xoom Expands Instant Money Transfer Service to Most Banks in Pakistan in Partnership with HBL

SAN FRANCISCO, CA, March 9, 2015 – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, now offers instant deposits to most banks in Pakistan via HBL. Pakistanis in the U.S. can now use Xoom to instantly send money to their loved one’s rupee account anytime, anywhere, using any device. Xoom’s instant service is  available 24 hours a day, seven days a week, 365 days a year, including bank holidays.

Xoom has partnered with HBL, one of the the largest banks in Pakistan, to broaden its instant deposit service to most banks, including MCB Bank Limited, Allied Bank, Bank Alfalah, United Bank Limited (UBL), Standard Chartered Bank, and many more.

“When Xoom launched in 2001, our mission was to make international money transfers faster, easier, and more transparent,” said Julian King, Senior Vice President of Marketing and Corporate Development for Xoom. “Now, by expanding our instant deposit service to most banks throughout Pakistan, we’ve delivered on that promise to even more customers.”

Speaking at the launch ceremony, Mr. Hassan Raza, Group Head – Structured Credits & Global Remittance Business of HBL said, “I am delighted to announce HBL’s partnership with Xoom Corporation, where we are providing remittance services with instant credit to account holders of HBL and other banks in Pakistan. This is yet another milestone for HBL. We will continue to deliver the promise of providing HBL customers the ease and convenience of remitting money from US to their loved ones back in Pakistan.”

Xoom customers sending money to Pakistan can rely on secure, convenient, and cost-effective money transfers every day of the year – including bank holidays. When paying with their bank account, customers can send up to $1,000 for just $4.99, and transfers are fee-free for transactions over $1,000. They can also send money on the go with Xoom’s app for Android and iOS mobile devices. Visit Xoom.com/Pakistan for more information.

About Xoom
Xoom is a leading digital money transfer provider that enables consumers to send money and pay bills for family and friends around the world in a secure, fast, and cost-effective way, using their mobile phone, tablet or computer. During the 12 months ended December 31, 2014, Xoom’s more than 1.2 million active customers sent approximately $6.9 billion with Xoom. The company is headquartered in San Francisco and can be found online atXoom.com.

About HBL
As Pakistan’s worldwide bank, HBL offers banking solutions to customers in 29 countries spanning across four continents. Its tradition of personalized service and capacity to respond to customer needs makes HBL the largest bank in the country for cross-border trade and remittances.

Through a robust network of 1,547 branches across Pakistan, HBL pursues financial inclusion with vigor. Its 1400+ ATM’s nationwide offer unmatched convenience. The bank maintains the lead in providing solutions through alternate delivery channels.

HBL continues to expand its franchise and enhance its capacity through a balanced approach to capital preservation and growth. At HBL, banking is offered beyond borders.

6
Mar

According to the Chinese zodiac, 2015 is the Year of the Ram. Do you know your animal sign?

The Chinese Zodiac is sort of like the astrological signs that are supposed to tell your fortunes according to when you were born. There are 12 Chinese Zodiac animal figures, repeating after 12 years. The year 2015 is the Year of the Sheep. Previous years of the sheep include 1967, 1979, 1991 and 2003.

If you are born under this sign, you’re in good shape, according to the Chinese Zodiac. The sheep is the 8th sign in the Chinese calendar and the number 8 is considered lucky.

Those born under the sign of sheep are considered witty individuals who are thoughtful and mindful to the wishes of others. They are also generous, sentimental and have high morals.

Xoom, a worldwide leader in the money transfer business, conducted a survey of its clients to dig deeper. Xoom asked: ‘Do you know your Chinese Zodiac sign?’

You bet, said 71 percent of the respondents, but 29 percent said they didn’t know their symbol.

2
Mar

Xoom Announces Instant Deposit Service to all LANDBANK Accounts in the Philippines

Xoom now offers instant deposits to the fourth largest bank in the Philippines

SAN FRANCISCO, CA, February 27, 2015 – Xoom Corporation (NASDAQ: XOOM), a leadingdigital money transfer provider, now offers instant deposits to all LANDBANK peso and U.S. dollar accounts. LANDBANK joins BDO, Metrobank and PNB – four of the top five banks in the Philippines – with instant deposit service for Xoom customers.

“Xoom continually looks for ways to improve our service, and this direct partnership with LANDBANK is another example,” said Pia Guter, Xoom’s Director of Marketing for the Philippines. “Customers can rest assured that their loved ones with LANDBANK accounts will receive their money without waiting or having to worry about cut-off times. Xoom customers can send anytime, anywhere, using their computer, tablet or mobile phone.  It also takes just seconds to send using the new Xoom mobile app.”

“We are very excited about this new partnership with Xoom. Our partnership will definitely be a big help to Filipinos in the U.S. looking for a fast and very efficient way of sending money back home. Remittances will be processed and credited to their loved ones’ LANDBANK peso or U.S. dollar accounts in real time,” said Rene Eje, Vice President, OFW Remittance Group at LANDBANK.

“We are a partner of the National Government in promoting progress through socially-oriented programs and projects. Overseas Filipinos and their beneficiaries are among LANDBANK’s priority clients because of the roles they play in stimulating our economy,” added Eje.

LANDBANK, the fourth largest bank in the Philippines, is a government-owned bank with a large rural network that serves farmers, fishermen, small to medium enterprises, and microenterprises.

In the past, senders were mindful of cut-off times, arranging their schedule to send during specific times, so their recipient would not have to wait another full day to receive money.  Instant deposit in the Philippines means no waiting for either the sender or recipient, making this a fast and convenient service for all Xoom customers.  Visit https://www.xoom.com/philippines for more information.

About Xoom
Xoom is a leading digital money transfer provider that enables consumers to send money to and pay bills for family and friends around the world in a secure, fast and cost-effective way, using their mobile phone, tablet or computer. During the 12 months ended December 31, 2014, Xoom’s more than 1.2 million active customers sent approximately $6.9 billion with Xoom. The company is headquartered in San Francisco and can be found online at Xoom.com.

About LANDBANK
Land Bank of the Philippines is a government financial institution that strikes a balance in fulfilling its social mandate of promoting countryside development while remaining financially viable. Over the years, LANDBANK has successfully managed this tough balancing act as evidenced by the continued expansion of its loan portfolio in favor of its priority sectors: the farmers and fisherfolk, small and medium enterprises and micro enterprises, livelihood loans and agribusiness, agri-infrastructure and other agri- and environment-related projects, socialized housing, schools and hospitals. Today, LANDBANK is by far the largest formal credit institution in the rural areas. LANDBANK also ranks among the top five commercial banks in the country in terms of deposits, assets, loans and capital.