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Xoom Launches New Mobile Apps for International Money Transfer

Xoom customers can now send money in seconds from native apps on Android and iOS devices

SAN FRANCISCO, CA, June 18, 2013 – Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer provider, announced that the new Xoom Money Transfer App is now available for Android and iOS devices.

The free app provides a fast and simple method for on-the-go Xoom customers to send money to loved ones. The Xoom App is unique in its simplicity, allowing Xoom customers to complete a quick send to their recipient in a novel "one tap and one swipe" technique. This slide-to-send technique allows existing Xoom customers to submit a money transfer in just seconds.

“The market has traditionally been served by offline, inconvenient cash-to-cash operators, where consumers often waste precious time waiting in line to send money,” said Joe Raymond, Xoom’s Vice President of Product. “Now, with its new App, Xoom is providing consumers with yet another option that is quick, convenient, easy-to-use and cost-effective.” 

In addition to fast and simple money transfers on the go, customers can use the Xoom App to gather real-time transfer status updates as their money moves to their loved ones.  Other key features of the Xoom App include the ability to review Xoom’s low fees, check exchange rates, contact customer service and access links to other Xoom services. 

The Xoom App can be downloaded from the AppStore at http://xoom.io/iOs-aPP  and Google Play at http://xoom.io/Android-aPP.

About Xoom
Xoom is a digital money transfer provider, focused on helping consumers send money in a secure, fast and cost-effective way using a smartphone, tablet or computer. During the 12 months ended March 31, 2013, Xoom's more than 840,000 active customers sent more than $3.6 billion to family and friends in 30 countries worldwide. The company is headquartered in San Francisco and can be found online at www.xoom.com