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    News in brief

    PayPal buys money transfer provider Xoom

    News in brief

    PayPal has bought digital money transfer provider Xoom for about US$890m. “Xoom is a leader in international remittances, enabling customers in the US to send money to, and pay bills for, family and friends around the world in a secure, fast and cost-effective way using their mobile phones, tablets or computers,” PayPal says.

    Filed by Email Rian Boden Published • Last updated 2 July 2015, 12:40

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