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DigitalX to launch money transfer feature for its app in the U.S.

Monday, February 27, 2017 17:42
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DigitalX (ASX:DCC) is set to launch the money transfer feature for its AirPocket app this week in the U.S., incorporating the ability to make low-cost international money transfers.

An app update will be available for Android users on 4 March 2017, with the Apple version able to be updated shortly thereafter.

AirPocket is the first blockchain-enhanced mobile payments application available in the world and offers U.S. users the ability to transfer money to their friends and family across 14 countries in Latin America.

The AirPocket interface has been redesigned ahead of the launch to align the app’s branding, messaging and aesthetics with the values of AirPocket’s initial U.S.-Latino target audience. will act as an additional portal to enable new users to register as well as enable existing users to view transaction records; with money transfer functionality expected in the June quarter.

U.S.-to-Mexico is the world’s largest money transfer corridor, with over US$24 billion in funds sent in 2015.

DigitalX’s Initial off-line marketing will target Houston and Dallas where high Mexican immigrant populations can be most economically targeted due to geographic concentration.

After almost two years of development, the impending launch of AirPocket money transfer is a significant milestone for DigitalX.

Story by ProactiveInvestors


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