According to the press release, through this partnership, WireBarley's customers can transfer money to China from South Korea, Australia, USA, and Canada, and receive it through Alipay. Once the transaction has been completed, the push notification from the receiver's Alipay account will conveniently notify the deposit of money.
WireBarley is a mobile/online based cross-border remittance service covering the APAC region. Regarding outbound services, WireBarley is currently available in 5 countries – Korea, Australia, New Zealand, USA, and Canada – and for inbound services it is available in 21 countries, with a total of 81 transactional service corridors. It was reported that one of the advantages of using WireBarley is its competitive fees that are up to 80% cheaper than the traditional banks and money service operators.
Moreover, the company's accumulated transaction volume is more than USD 400 million, and its mobile app has been downloaded more than 350,000 times. Consequently, to further strengthen its core competitiveness and deliver an improved customer experience, WireBarley recently announced the elimination of transfer fees from the US to South Korea.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.