Elektra & Xoom form partnership on for Online and Mobile remittances to Mexico

Xoom Corporation announced its partnership with Mexico’s largest retailer, Elektra.  This new partnership permits Elektra to capture more market share of the fast growing online and mobile money transfers to Mexico from the United States. 

“Today, Xoom has taken another major step to meet the rapidly increasing demand for our online and mobile money transfers, and continues to deliver the highest quality customer experience,” said John Kunze, president and CEO of Xoom.  “The Elektra network is Mexico’s largest network and provides the recipients of a Xoom money transfer one of the most convenient cash pickup networks in Mexico with locations open every day of the year from 9 AM to 9PM.”