Staying connected isn’t just about maintaining a relationship because there clearly is a practical side to it as well. The truth is that if you’re not connected, you’re out of touch, literally, at least in one particular instance that probably you and everyone around you understands easily.
Perhaps not surprisingly, there was an overwhelming choice – laptop or desktop was the answer from 96 percent of the respondents in the survey. Some 34 percent said they used their smart phone to access the internet at home and 16 percent answered that they used their tablet while 12 percent who took the survey said something else.
It seems possible that smart phones are most often used when you’re on the go, and that it’s more convenient to log on using your laptop or desktop when you’re at home. But whatever device to access the internet works best for you, it seems clear that staying connected is becoming an even greater part of our lives. And it probably isn’t going to slow down anytime soon.
Sending a gift package or receiving one, there is probably no difference in which makes you feel better. And it doesn’t even have to be a birthday or a Christmas or a special occasion, either, it is merely the act.
Xoom, one of the global leaders in money transfers, conducted an exclusive survey of its Fil-Am customers recently and asked this intriguing question: ‘Have you sent a balikbayan box to the Philippines in the last 12 months?’
More than half of the respondents, 56 percent, said yes they had, while 44 percent said they had not. That probably means they are getting around to it soon.
There is something special about the decades-old custom of sending boxes to family and loved ones back home, filled with such items as non-perishable food, clothing, linen, household items or toys. Often it doesn’t even matter if some of the items aren’t difficult to find in the Philippines. Rules allow one balikbayan box from the sender every six months. The boxes are easy to get at most shipping container stores.
Most of the time, it doesn’t really matter what’s inside, because the impact balikbayan boxes have is about something else – enhancing the Philippine tradition and culture for preserving family ties that can be expressed in gift-giving.
When it comes to watching television, it may be that the only thing everyone can agree on is that the ultimate symbol of authority is the person who is holding the remote control. Everything else is up for grabs, or so it seems. But of course, it goes far beyond broadcast TV. In the mix, there is also streaming television, videos and on-line movies as well.
Xoom came up with a provocative question in its latest survey of Fil-Am customers who use the global money transfer giant. Xoom asked, ‘How often do you watch non-Filipino videos, shows or movies on-line?’
The answers are telling, and what they’re telling us is that Filipinos have strong opinions about their entertainment intake and that they are steadfastly loyal to a specific source of it.
Less than a quarter of the Fil-Ams surveyed, 23 percent, said they watch non-Filipino videos, shows or movies online more than five hours a week. Meanwhile, 20 percent said that number is three to five hours a week and 27 percent answered less than three hours a week. The largest percentage of respondents – 30 percent – said that they never watch non-Filipino videos, shows or movies online.
When it comes to sending money to loved ones at home, you want to choose a company that has little to no surprises along the way. Fortunately, today, there are more consumer protections in place that require money transfer companies to maintain transactional information before, during and after you make your transfer. But in the rare instance that something unexpected interferes with the successful transfer of your money, it is worth examining how your prospective company handles that situation.
Full Disclosure – Every Step of the Way
Due to a lack of consumer protections, the process of transferring money has not always been as transparent as it is today. In the past, remittance senders might not have been able to view some key information throughout the transfer. For example, while they may have known the fees up-front, they may have been unclear about how much money was actually received on the other end. Plus, if there was an error in the transaction, they may not have understood what the cause of the error was or how to quickly resolve the issue.
Today there are more federal regulations in place to help protect customers, especially when it comes to displaying all relevant information that affects senders and recipients during the transfer process. Items such as up-front fees, exchange rates, the amount of money the recipient will receive and the time when the money will be available to be picked up all must now be revealed. Knowing that you can see every piece of information that impacts your transfer should help boost confidence in the integrity of the process. Look for a clear disclosure of all of your fees prior to sending.
This is why at Xoom, we enable customers to track the status of their transfers online, via SMS text messages or email updates, or by taking advantage of 24/7 phone support if questions still remain. We will automatically send you e-mail updates at three stages of the process: 1) Soon after you submit a transaction, 2) When your payment has cleared and your remittance has been transferred to a trusted banking or retail partner in the recipient’s country and 3) When your recipient has received the funds.
Quick and Painless Error Correction
Money transfer companies are generally responsible for remittance errors. Thus, if a remittance sender reports a problem with a transfer within 180 days, the provider must perform an investigation into the error and correct the problem. If the money transfer company uses agents, they may also be held accountable for mistakes made by their agents. This is a very important item to investigate. Check to confirm that the company you choose offers a money-back guarantee, thereby ensuring the money you send will be received by your recipient or they’ll refund your transaction in full. If you can’t find this information on their website, contact them and make sure it is an official part of their policy. If they don’t do it, don’t use them.
At Xoom, we understand just how important this remittance process is to the well-being of your families. That is why we strive to be as transparent and reliable as possible, we offer a money-back guarantee for your peace of mind and we were the first to adhere to the new Consumer Financial Protection Bureau’s regulations.
The team here at Xoom has been hard at work developing updates for the website that we know you’ll really appreciate.
Our first changes went live on March 27, 2014 and included visual changes that make the site feel more modern and simple to use such as updated entry fields, streamlined navigation elements and modernized buttons.
We’re working on additional improvements and look forward to sharing them once they are ready. In the meantime, be on the lookout for these updates when you return to Xoom.com for your next money transfer.
When it comes to jobs, could it be that we’re pretty much resistant to change? That’s probably not so surprising in this day and age and with our economy being what it is. So there could be one rule to follow: If you’ve got a job, keep it.
Xoom conducted an exclusive survey of its customers recently, asking this question: “If you could switch jobs, what new job would you choose?” Think about that one. Xoom, the global money transfer company, discovered that almost half of the respondents in the survey simply said that they wouldn’t change jobs at all – 45 percent.
Of course, not everyone agreed, because it sure would be unusual if everyone did. Some 12 percent of the people in the Xoom survey said if they could choose a new job, that job would be a businessman or entrepreneur. Another popular survey answer was nurse, which eight percent chose. Seven percent said doctor/dentist, four percent said computer engineer and three percent chose lawyer.
And a full 20 percent of the respondents in the Xoom survey said they would select something else entirely different if they were to choose a new occupation. What? No one selected millionaire?
There are several important reasons why Fil-Ams choose one money transfer company over another. And why not? After all, it’s your money, so you’ve got your own good reasons.
That’s why Xoom, a global leader in the money transfer business, conducted an exclusive survey to discover what the most important qualities its customers look for when selecting a money transfer company.
Convenience for the sender was the top response and, perhaps not so surprising, convenience for the recipient was second. Speed, safety and security and the fees that are charged rounded out the top five responses.
Take any or all of the top five reasons and Xoom remains the right choice in selecting a money transfer company. It’s the hallmark of Xoom to be convenient, fast, secure and to offer reasonable costs.
Filipinos know a great business model when they see one, and that’s why Xoom easily covers the top reasons for money transfers back home.
Xoom offers instant deposits to all Metrobank, PNB and BDO accounts. Xoom customers can access deposits 24 hours a day and seven days a week. What’s more, the Xoom Money Transfer App has launched for Android and iOS devices. Plus, the fees charged are about half of the industry leader.
Sounds convenient, fast, secure and low-cost, doesn’t it?
In the fourth quarter of 2013, 42 percent of Xoom’s transactions were sent via mobile devices
SAN FRANCISCO, March 13, 2014 – – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, has won a 2013 Silver Award from W³, in recognition for Xoom’s Mobile Website in the finance category. Xoom’s Mobile Website was judged on the following factors: creativity, usability, navigation, functionality, visual design and ease of use. The W³ Awards honors creative excellence on the Web, and recognizes the creative and marketing professionals behind award winning Websites, Web Video and Online Marketing programs.
Xoom launched its fully optimized mobile site in November 2011. The secure mobile site, m.xoom.com, was developed in partnership with Usablenet and allows customers to send money at any time, from any Internet-enabled location.
“We believe we are shifting the way consumers transfer money around the globe by changing their habits and preferences and Xoom’s mobile strategy is playing a large part in this change,” says Joe Raymond, Xoom’s Vice President of Product. “Xoom’s mobile website epitomizes the convenience and time-saving service of sending money with Xoom.com on a mobile device. We are thrilled with the W³ award and we will continue to optimize our services for mobile devices to capitalize on the continued and growing trend in mobile usage.”
In 2013, 35 percent of Xoom’s transactions were sent via mobile devices compared to 20 percent in 2012. In the fourth quarter of 2013, 42 percent of Xoom’s transactions were sent via mobile devices. During 2013, approximately $1.2 billion of Xoom’s gross sending volume was sent from mobile devices which represented growth of approximately 186 percent compared to 2012. In 2013, Xoom announced that the Xoom Money Transfer App was available in both English and Spanish, for Android and iOS devices.
Xoom is a leading digital money transfer provider in 31 countries, focused on helping consumers send money in a secure, fast and cost-effective way using their mobile phone, tablet or computer. During the year ended December 31, 2013, Xoom’s more than one million active customers sent more than $5.5 billion to family and friends. The company is headquartered in San Francisco and can be found online at Xoom.com.
The W³ Awards honors creative excellence on the Web, and recognizes the creative and marketing professionals behind award winning Websites, Web Video and Online Marketing programs. The W³ is the first major Web competition that is open to small firms, Fortune 500 companies and international agencies. The W3 Awards are sanctioned and judged by the International Academy of the Visual Arts, an invitation-only body consisting of top-tier professionals from media, advertising, and marketing firms.