WireCash Marketplace for Money Transfers Continues Expansion With Addition of Moneytun
Industry: Online Payments
Moneytun, a leading money transfer service provider to 85 countries expands WireCash service offerings to Eastern Europe
Santa Monica, CA (PRUnderground) June 23rd, 2016
WireCash, the online marketplace for international money transfers, announced today it has reached an agreement to offer the services of Moneytun Money Transfers.
Moneytun, a U.S. licensed money transmitter, provides money transfers to 85 countries. The company maintains proprietary distribution channels and expertise, specifically in serving Armenia, Russia, Ukraine and other Eastern European countries. Moneytun transfers funds instantly to recipient bank accounts, for cash pickup or home delivery.
“Moneytun is a game-changing addition to our marketplace. Their deep relationships within the Eastern European community in the United States and abroad, position them for immediate online success,” said Ran Grushkowsky, CEO and Co-Founder of WireCash. “The majority of Eastern European countries are not adequately serviced online, if at all. Together we are positioned to make a significant impact on online money transfers to important countries such as Armenia, Russia, and Ukraine.”
“Joining the WireCash money transfer marketplace is a key step in the expansion of our business,” said Arthur Avetisian, Managing Member of Moneytun. “Our distribution network continues to expand, now reaching over 60,000 locations. Together with WireCash, we will provide fast, convenient, and inexpensive online money transfer services to Armenia, Russia, Ukraine and the rest of Eastern Europe from the United States.”
Each year more than $120 billion is sent abroad by U.S. residents. Money transfer volume to Eastern European countries exceeds $3 billion annually from the United States.
WireCash plans to announce the addition of more money transfer companies and service providers to its marketplace in the coming months.
WireCash.com is the marketplace for international money transfers. WireCash offers US residents online access to a range of money transfer, bill payment, and mobile reload providers to send money home to family and friends in over 100 countries. WireCash is based in Santa Monica, CA.