PayPal Xoom provides inferior-border remittance on debit card deposit

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Financial expertise firm PayPal’s world cash transfer carrier, Xoom, has launched a new product that lets users in the US send cash straight to Visa (NYSE:V) debit card users.

In a recent announcement, PayPal (NASDAQ:PYPL) talked about that Xoom partnered with financial products and services firm Visa, allowing debit card holders to receive funds straight from Xoom. The feature is available in 25 countries, including the Philippines, Sri Lanka, Thailand, Ukraine and Vietnam.

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