clearXchange Lets Users Conveniently Send Money Anywhere in the World
Jana Pijak — April 20, 2016 — Business
References: clearxchange
Online platform clearXchange is a money sharing app that lets users send funds conveniently anywhere in the world. While similar services require a lengthy registration process, this money sharing app lets users send money in minutes, instantly connecting them to a list of the company's bank partners like Chase, CapitalOne and Bank of America among others.
Once users have selected their bank, they are instantly transferred to the website of that specific financial institution. Featuring a direct payment option, this platform is a trusted service that protects one's privacy without requiring a grueling registration process.
The only information clearXchange users need to send money worldwide is their phone number and email address -- data that allows them to instantly transfer funds from their account to their recipient's.
Once users have selected their bank, they are instantly transferred to the website of that specific financial institution. Featuring a direct payment option, this platform is a trusted service that protects one's privacy without requiring a grueling registration process.
The only information clearXchange users need to send money worldwide is their phone number and email address -- data that allows them to instantly transfer funds from their account to their recipient's.
Trend Themes
1. Instant Money Sharing - A trend in which money sharing apps allow users to send funds conveniently and quickly.
2. Simplified Registration Process - A trend in which money sharing apps streamline the registration process to make it faster and more user-friendly.
3. Direct Payment Option - A trend in which money sharing apps offer a direct payment option, enabling users to transfer funds without intermediaries.
Industry Implications
1. Fintech - The financial technology industry can embrace disruptive innovation by leveraging instant money sharing apps to streamline transactions and enhance user experience.
2. Mobile Banking - The mobile banking industry can leverage simplified registration processes offered by money sharing apps to attract more users and increase convenience.
3. Payment Services - The payment services industry can capitalize on the direct payment options provided by money sharing apps to offer faster and more secure fund transfers.
4.5
Score
Popularity
Activity
Freshness
