/payments

News and resources on payments systems, innovations and initiatives worldwide.

TransferGo introduces same day international transfers on weekends

TransferGo, one of the world’s fastest growing money transfer companies, today announced that it has launched an ‘extended hours’ service, enabling customers to make same-day international payments on weekends, with transactions taking as little as 30 minutes.

  2 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Both its Today and Now services will become available during the weekend, between 10:00 and 18:00.

An industry first, the extended hours service will enable people to send money to Romania, Ukraine, Lithuania and Latvia upon launch, and it will soon open up to other markets including the UK and Poland.

TransferGo is favored by migrants working in the UK and sending money home to their families that don’t want to deal with the bureaucracy and fees imposed by banks for processing payments in other countries and currencies.

Daumantas Dvilinskas, CEO and Co-Founder, TransferGo commented: “We pride ourselves on offering a service that makes life easier, and more comfortable, for our customers and we’re always looking for ways to reduce the stress, anxiety and friction that waiting for money to arrive can bring. We were seeing an increase in the number of transactions being made over weekends – so the next logical step was to launch an extended hours service.”

In May, TransferGo announced that it had surpassed one million customers and continues to grow by more than 2,000 new users each day. The service is currently accessible in 47 countries.

Based in London, UK, TransferGo is the quickest, most reliable remittance company in Europe and with a Trustpilot score of 9.6 and an NPS score of 75, it has built a much-loved brand based on transparency, trust and user experience. Last year the company announced a fee-free offer – the first completely free international money transfer service.  

Sponsored [New Impact Study] Catering to a new generation though unified card programmes

Related Company

Comments: (0)

[Upcoming Webinar] Next Gen Payment Processing: How banks can embrace the futureFinextra Promoted[Upcoming Webinar] Next Gen Payment Processing: How banks can embrace the future