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Home arrow Articles arrow Article Archives arrow Tech Articles arrow Handling online money transfers


Handling online money transfers PDF Print E-mail
Written by jamaica-gleaner.com   
Wednesday, 17 August 2005
If you're a regular recipient or sender of funds via money transfer, whether you have a computer or not, you may want to consider an increasingly popular money transfer method - online money transfers. It works much the same way that a regular money transfer does, with the main and most obvious difference being that all or part of the transaction is done directly via the Internet.

With a large number of Jamaicans living overseas, and the existing steady stream of remittance funds to relatives and friends in Jamaica, already there are several players positioning themselves for a stake in this growing market. Globally, Western Union dominates the normal offline money transfer methods, and through Western Union.com, they're also seeking to do the same online. However, three other major players have been seeking to make their presence felt in the Internet money transfer to Jamaican markets, namely, CaribPay. com, Xoom.com and Senvia. com, with each seeking to differentiate in a number of ways including cost, speed, support services and added services.

Do you intend to utilise the Internet for online money transfers, whether for receiving or sending funds? Please send us an email - - to let us know your plans and views on this subject.

WALKMAN PHONES 100

To coincide with the launch of its new family of Walkman phones, Sony Ericsson is compiling 'The Walkman phones 100' - the first soundtrack of the world's favourite songs of all time. Vote for your Top 3 songs (from any genre including dancehall and reggae, by any artiste) at www.walkmanphones100.lycos.co.uk, and you will also have a chance to win one of these new Walkman phones.

http://www.jamaica-gleaner.com/gleaner/20050817/business/business8.html

 
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