Facebook Launches Azimo | Money transfer between users

In Britain it is already a reality: Facebook members can make money transfers in favor of their friends using the integration with the platform of Azimo for money transfer well known in the English-speaking world. The service is primarily designed to meet users who regularly transfer money from countries where migrants are in favor of their family country of origin. Migrant remittances worldwide touch bucks (about 534 billion dollars a year) so the pool of potential users is huge. Also the convenience of being able to make transfers of this type through the computer but also from mobile devices such as smartphones and tablets (iOS and Android) is truly remarkable.

Facebook launches Azimo

Facebook launches Azimo

For now, Facebook users resident in the United Kingdom may send a maximum of 899 pounds per month indicating the IBAN of the account of the beneficiary. In the future users in other countries will also be enabled to this service. The service costs £ 5 for payments of sums up to 500 pounds and a payment of a 1% commission on the amount transferred. To access the platform Azimo you need to register on the site, even connecting with your Facebook account.

Azimo platform

Azimo platform

468 ad

Leave a Reply