Toronto-based CanadianForex has launched “Forex Money Transfer,” the latest advance in currency transfer apps. Forex Money Transfer enables consumers on-the-go to send money in 48 currencies to friends, family and merchants around the globe.
CanadianForex is a wholly-owned subsidiary of The OzForex Group, a pioneer in global payments.
The free app, available to download now from both the App Store and Google Play, is designed to complement the global lifestyle of CanadianForex’s customers, many of who make regular currency transfers from Canada abroad for a variety of reasons from purchasing second homes, paying mortgages, tuition, family support, and the purchase of goods and services.
CanadianForex has already seen overwhelming interest in mobile usage from its user base. In the 12 months ended March 2015, the number of registrations made on mobile devices grew by 261%, and according to IDC, a market research firm, purchase volume over mobile devices will exceed $1 trillion worldwide by 2017. *
The app launch is a continuation of CanadianForex’s mission to effortlessly integrate international payments into people’s lives. CanadianForex’s all-in-one app was designed to be intuitive for money transfers and easy for customers to use. It gives users complete control over the payment process, including international transfers and repeat payments, tracking current payments and reviewing past transactions. It is the first money transfer app to have global, 24-hour customer support and live rate alerts for over 48 currencies. It also serves as an information platform where users can check market exchange rates, view currency charts, set rate alerts, and read daily market commentaries.
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