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7
Apr

Which devices do you own?

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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.

Consider the question Xoom recently asked its Fil-Am customers in an exclusive survey conducted by the money transfer leader. Xoom asked ‘What devices do you use at home to access the internet?’

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.

1
Apr

How frequently do you visit Facebook?

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You probably check the mailbox at home once a day. You eat one breakfast, one lunch and one dinner a day… unless you’re really, really hungry, of course. You take one shower a day, or at least the people you work with hope you do.

The people at Xoom, the money transfer company with the global reach, started wondering about something else that is probably part of your regular routine. So Xoom conducted an exclusive survey of its Fil-Ams customers and asked a very pertinent question: ‘How frequently do you visit Facebook?’

No brainer, right? Correct. Xoom’s survey revealed that 63 percent of the respondents said they visit Facebook at least once a day. There are probably many who might think more people could have said something like, oh, once every 10 or 15 minutes.

Anyway, eight percent of the respondents said two-to-six times a week, four percent said once a week, nine percent had other responses and 18 percent said they never checked their Facebook at all. For anyone who thought this is actually Facebook World, that’s a telling percentage.

But what does the 63 percent level of those who said they visit Facebook at least once a day tell us? Never mind, they’re probably logging on right now.

31
Mar

Xoom Announces Instant Deposit Service to HDFC Bank Accounts in India

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Xoom’s revolutionary technology enables instant deposits to one of the largest banks in India

SAN FRANCISCO, CA, March 31, 2014 – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, today announced a partnership with HDFC Bank Limited (NYSE: HDB), by offering instant deposits to INR denominated HDFC Bank accounts in India. This breakthrough service allows Xoom customers to instantly deposit money directly into their recipients’ HDFC Bank accounts in India. The instant service is available 24 hours a day, seven days a week, 365 days a year–even on banking holidays.

“Unlike other transfer services to India which typically take five days or more, Xoom is relentlessly working towards providing ‘instant’ for all of our services, and we are excited to launch instant deposits to HDFC Bank,” said Julian King, Senior Vice President of Marketing and Corporate Development for Xoom. “This is great news for people who send money to HDFC Bank accounts. Now NRIs can send money anytime, anywhere from their computer, mobile phone or tablet and their bank deposits reach their recipients’ HDFC Bank account instantly.”

“At HDFC Bank, we are consistently looking at new ways in which we can make a difference in the lives of our customers. Through this tie-up with Xoom we will be able to provide this breakthrough service of instant deposits,” says Mr. Rajender Sehgal, Group Head, Financial Institutions Group, HDFC Bank. “We look forward to bringing a whole new world of convenience and flexibility to our account holders, allowing them to receive money from the US in a secure manner, at any time of the day or night.

Xoom provides great locked-in exchange rates for money transfers to India, and there is no fee when customers send more than $1,000 and pay with their U.S.-based bank account. Plus, Xoom continues to provide fast bank deposits within four hours to all other banks in India, including to NRE and NRO accounts, when sent during bank processing hours in India. Customers can also download the Xoom App for Android and iOS mobile devices for free. Visit Xoom.com/india for more information.

About Xoom
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.

About HDFC
Promoted in 1995 by Housing Development Finance Corporation (HDFC), India’s leading housing finance company, HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 28.5 million customers across hundreds of Indian cities using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking. Within a relatively short span of time, the Bank has emerged as a leading player in retail banking, wholesale banking, and treasury operations, its three principal business segments.

The Bank’s competitive strength clearly lies in the use of technology and the ability to deliver world-class service with rapid response time. Over the last 19 years, the Bank has successfully gained market share in its target customer franchises while maintaining healthy profitability and asset quality.

As of December 31, 2013, the Bank had a distribution network with 3,336 branches and 11,473 ATMs in 2,104 cities/towns.

For the quarter ended December 31, 2013, the Bank’s total income was INR 127.39 billion (`12,739.0 crore) as against INR 108.18 billion (`10,818.1 crore) for the quarter ended December 31, 2012. Net revenues (net interest income plus other income) were INR 67.83 billion (`6,783.1 crore) for the quarter ended December 31, 2013, as against INR 59.09 billion (`5,909.4 crore) for the corresponding quarter of the previous year. Net Profit for the quarter ended December 31, 2013, was INR 23.25 billion (`2,235.7 crore), up by 25.1% over the corresponding quarter ended December 31, 2012.

Total income for the year ended March 31, 2013, was INR 419.175 billion (`41,917.5 crore).

Leading Indian and international publications have recognised the Bank for its performance and quality.

For more information please log on to: www.hdfcbank.com

27
Mar

Xoom is getting an all new look!

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.

 

24
Mar

If you could switch jobs, what new job would you choose?

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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?

17
Mar

What do you look for in a money transfer company?

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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?

13
Mar

Xoom Wins a “W3 Award” in the Mobile Websites Finance Category

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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.

About Xoom
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.

About W3
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 agenciesThe 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.

12
Mar

Xoom’s New Television Commercial for the Filipino Market Touts the Convenience of Sending Money Online

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“Mallrats” joins Xoom’s Award-winning Filipino Advertising Lineup as part of the “Better Way” Campaign

SAN FRANCISCO, CA, March 11, 2014 – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, has introduced a new television commercial for the U.S. Filipino market entitled “Mallrats.”  The commercial began airing this week and speaks to the message of sending money anytime, anywhere with Xoom.com

“Mallrats” depicts a frustrated dad, Joey, who is at the mall with his crying infant who is also in need of a diaper change.  Joey was going to send money at a mall location, but had to leave the long line to tend to his baby’s needs.  When he rushes back to the location, Joey finds that it has closed. Fortunately, his wife calls him on his cell phone to let him know that she can send the money easily using her mobile device.  “Mallrats” ends with the tagline “Stop waiting in line – Xoom it online.”  The new commercial can be viewed below or on Youtube.

“The Xoom experience of sending money to the Philippines in a matter of seconds is truly magical and transformative,” says Julian King, Xoom’s Senior Vice President, Marketing and Corporate Development.   “Why waste time going out of your way to send money? Xoom offers senders the digital alternative that is safe, convenient and fast, and people can send money to their loved ones any time, anywhere from their desktop, smartphone or tablet device.  With ‘Mallrats,’ we are able to deliver these messages with likeable characters that resonate with consumers.”  The ads are running on TFC, GMA and other regional Asian channels.

Xoom’s Filipino advertising has won back-to-back Bronze Award prizes in the 2012 and 2013 Telly Awards under the Regional TV and Multi-Market Category for TV commercials.   The Telly Awards honors the finest film and video productions, groundbreaking web commercials, videos and films, and outstanding local, regional, and cable TV commercials and programs. For more than 25 years, the Telly has been a symbol of creative excellence.

About Xoom
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.