Monday, December 14, 2015

Families Get Screwed Sending Dollars To Mexico. TransferWise Does It 4X Cheaper

birthdaybot1 (1) Money transfers are a crooked racket. They’re designed to hide just how much cash they steal from immigrant workers sending funds to family back home. Western Union, Moneygram, even PayPal’s Xoom trumpet that they only charge around $5, but quietly pocket people’s money by setting their own unfair exchange rate. TransferWise wants to put an end to all this bullsh*t. Today the… Read More

from TechCrunch » Mobile
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