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Wikipay's Free Money Transfer Hurting Legacy Banking And Money Transfer Institutions' Profits

Submitted by: WikiTechnologies, Inc.

2015-04-15 00:01:39

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WikiPay Taking Aim at Brick and Mortar Money Transfer Companies

Boston, MA-NH (OPENPRESS) WikiPay, one of the pioneers and disrupters in the race to replace high-cost outdated legacy banking money transfer systems, with robust, super-secure efficient IT, now offers free transfers to India. This strategy was revealed shortly after a major news announcement of a co-venture with Muthoot Global, one of India's oldest financial institutions (http://www.marketwired.com/press-release/wikitechnologies-muthoot-group-announce-agreement-to-open-us-india-payment-corridor-2003094.htm).

WikiPay has modernized the US - India transfer corridor by bolstering it's offering with best in class technology, security and pricing.

See how WikiPay compares below:

Fee to Pay with Send Limit Funds
Bank Account Availability

WikiPay Free $2,999 10 Minutes

Western Union Free $2,500 4 Days

MoneyGram $4.99 $2,999 3 Days

Xoom $2.99 to 4.99 $2,999 4 Hours

"When you compare our technology, security, service and pricing, we're head and shoulders above our competition. In addition, since our company is small and tech savvy, it isn't burdened by paying the high costs associated with brick and mortar legacy banking institutions, so we can pass the savings directly to the consumer," said Ted DeFeudis, co-founder of WikiPay.

WikiPay is available on the web, mobile, SMS and Facebook.

For more information, or to start sending money to India today, please visit: http://www.wikipay.com/india and use referral code "5free."




Contact Info

WikiTechnologies, Inc.
Phone: (508) 393-3888
Website: http://www.wikipay.com
300 W Main St
Building B
Suite 112
Northborough, MA 01532



Release Info

Metro Area: Boston, MA-NH Read More from this Metro Area
Country: United States Read more from this Country
Industry: Consumer Financial Services Read more from this Industry
Press Keywords: money transfer, india, muthoot
Press Company: WikiTechnologies, Inc.
Press Site: http://www.wikipay.com




 


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