WireCash is a digital money transfer marketplace where customers can compare remittance services and complete money transfers online.
With one login, customers can evaluate money transfer services based on brand, price, recipient payout option, along with other criteria. Money transfers completed through WireCash are then safely processed and distributed worldwide to recipients.
Founded in 2005, the company previously operated ATMCash, prior to establishing WireCash. The company was founded by Ran Grushkowsky and Jonathan Cooper, and is based in Santa Monica, CA.
Video WireCash
Money Transfer Marketplace
WireCash enables offline money transfer companies to operate online. It also provides online money transfer companies with access to additional customers backed with payment guarantee.
As a marketplace, WireCash enables customers to compare and send money transfer, bill pay and reload services based on price or exchange rate.
Maps WireCash
Services
As of October 14, 2016, WireCash offered the following services:
- Money transfers from the US to 49 countries including Mexico, El Salvador, Russia, Brazil, Nigeria and Ukraine.
- Reload of prepaid phones in 57 countries including Cuba, Bangladesh, Haiti and Guatemala
- Pay bills in Mexico including Comisión Federal de Electricidad (CFE), Telmex and INFONAVIT.
Partners
Choice Money Transfer
In November 2017, Choice Money Transfer joined the WireCash Marketplace. Choice's global network provides a wide range of payment options - from bank account transfers, to cash pick-ups and mobile wallet top ups - which allow clients to make payments to any country, no matter the currency. All digital money remittance transactions initiated by USA customers are originated and processed by Choice Money Transfer, Inc., a member of Small World Financial Services Group, in accordance with money transmitter licenses issued in the jurisdictions that Choice Money Transfer is authorized to do business.
La Nacional
Envíos de Valores La Nacional joined the WireCash Marketplace in October 2017. La Nacional, a U.S. licensed money transmitter, provides money transfers to more than 85 countries in Latin America, Africa, Europe and Asia. La Nacional provides real-time payout of money transfers, maintaining a network of more than 30,000 global locations including bank branches and retail stores, enabling deposit to account, cash pickup and home delivery.
Maxitransfers
To increase footprint to Latin America, WireCash announced the addition of Maxi Money Services to their marketplace for money transfers in November 2016. Maxi Money Services, a U.S. licensed money transmitter, provides money transfers to 16 countries including Mexico, El Salvador, Brazil and other countries in Latin America. Maxi Money Services offers real-time payout services to a network of more than 40,000 locations including recipient banks and retail outlets, for deposit to account, cash pickup and home delivery.
Ping Express
In June 2016, WireCash announced the welcoming of Ping Express which provides deposits in minutes into bank accounts in Ghana or Nigeria. This partnership also enables reloads, or top-ups to the same countries through the marketplace.
Pontual
To strengthen coverage to Brazil, WireCash announced adding Pontual to their platform in November 2015. This partnership allows WireCash customers to deposit into any bank account in Brazil through a known-brand in the Brazilian community in the United States.
Cuallix
With the addition of Cuallix in November 2015 to the WireCash Marketplace, customers can, from the US, pay bills in Mexico including electricity, phone and cable TV, and mortgage payments.
Girosol
Girosol joined the WireCash Marketplace in April 2015. A well-known money transfer company allows customers to send money to Latin America, Europe and Asia for a total of 32 serviceable countries. Girosol's delivery options include cash pickup, bank deposit and home delivery.
Funding
WireCash was initially funded with $5 Million dollars from an institutional investor.
References
External links
- WireCash - Official Site
- Choice - Official Site
- La Nacional- Official Site
- Maxitransfers- Official Site
- Ping Express - Official Site
- Pontual - Official Site
- Cuallix - Official Site
- Girosol - Official Site
Source of article : Wikipedia
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