Santander FinTech PagoFX To Compete With TransferWise
PYMNTS
APRIL 16, 2020
Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX , a new FinTech spinout intended to compete with cross-border money transfer service provider TransferWise. Featuring market exchange rates, fees will be 0.7 PagoFX was launched in the U.K. percent to 0.8 percent of the transaction total.
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