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It ensures the secure transfer of funds from a customer to a merchant via their preferred payment method. A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks.
Two years after being acquired by PayPal , digital money transfer service Xoom has a story that it wants the world to know. Xoom’s mission to make international fundstransfer easy and digital – and to do it at scale – is a natural fit with PayPal’s broader vision of democratizing financial services.
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