The secure, Internet-based service enables people who send money to avoid costly wire transaction fees so that they can send a higher percentage of their earnings to their communities in Central and South America. The new service, available now at www.enviaonline.com, dramatically cuts the cost of cross-border remittances, from the 10 to 15 percent charged by traditional money transfer services to a flat fee of just a few dollars per transaction.
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 Telecompaper website, they in no way represent the opinion of Telecompaper.