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PayPals money transfer arm Xoom is now offering customers in the U.S., U.K., Canada and Europe the ability to send secure funds to 12 countries in Africa for a reduced fee.聽 Sending money to Africa through traditional channels has always been expensive. We wanted to help bring down the cost and speed up the process to boost financial inclusion, Xoom Vice President and General Manager Julian King said in a press release on Wednesday Dec. 9 . There is nowhere else in the world that moves more money on mobile phones than Sub-Saharan Africa. 聽Although last year there were just five bank locations per 100,000 people in Sub-Saharan Africa, there are more than 1 billion registered mobile stanley cup money accounts, King added, citing data from GSMA and IMF.聽Using Xoom, people can send money to select countries in Africa with transaction fees of 2 to 4 percent. Comparatively, the money transfer fee using traditional channels averaged about 9 percent in 2018, the release said stanley thermos , citing data from World Bank Group.People can use Xoom for mobile money transfers in Burundi, Cameroon, Ghana, Kenya, Madagascar, Malawi, Mozambique, Rwanda, Tanzania, Uganda, Zambia and Zimbabwe. The company is pl kubki stanley anning to roll out into more markets next year.Mobile money tools help drive financial inclusion in emerging markets and can also help advance economic expansion, according to the release.聽A pioneer in digital remittances, Xoom was acquired by PayPal in 2015 for $890 million in an all-cash deal at $25 per share. Yece Smartwatch Sales Post First-Ever Annual Decline Thanks To Apple Watch

In what may be termed a milestone of sorts, Facebook is now a bigger company than Walmart 鈥斅爄f only on the stock exchanges.The Associated Press reported Tuesday June 23 that the online social giant has edged the retailer out of the Top 10 list of Standard Poors 500 index, at least as of the beginning of the week. And the gap between the two companies widened from Tuesdays trading action, according to AP, which also noted that there was no company specific news driving the displacement.At the end of the trading day on Tuesday, Facebooks market cap stood at $238 billion, while Walmart was valued at $234 billion. The recent price action has brought Facebook stock up 34 percent through the past 12 months, handily outpacing the broader indexs 8 percent gain through the same time period.But toppling Walmart might give the nod to what the newswire reports as investors insatiable appetite for successful tech stoc stanley becher ks. Alongside Facebook are other widely recognized and widely owned equity names including Google, Apple and Microsoft, at least in the U.S. At the top of the heap is Apple, which boasts a market cap of roughly $735 billion, chiefly on the sales of its consumer devices including the iPad and the iPhone.AP reported that the disparity between Facebooks results and Walmarts financial performance shows stanley termos how Wall Street favors growth for the time being. In the first stanley termoska quarter of 2015, Facebooks $3.5 billion in sales was only slightly higher than Walmarts bottom line. Yet