Money Transfers Via Online Platforms - Logistics for Business Development

Claudia Isac ()
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Claudia Isac: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2016, vol. 16, issue 1, 143-150

Abstract: In this paper I have presented 3 of the money transfer platforms which operate via the Internet. The development of the Internet, electronic commerce and money transfers due to international migration and movement of people directly determines the improvement of money transfer processes, so as to find the best tools for money transfers at minimum costs and high transfer speeds, implying secure trading and personal data privacy. In this context I have compared the three most frequently used trading platforms PayPall, transferGo, TransferWise, also including a presentation of each of them. I have also done a more detailed analysis of the evolution of PayPall in Romania and on the international market due to the high amounts of money and the number of transactions. I have completed the work with a brief presentation of the financial trends and especially of trading via the Internet.

Keywords: money transfer platforms; Internet Banking; electronic services; PayPall; transferGo; TransferWise (search for similar items in EconPapers)
JEL-codes: G21 G24 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:16:y:2016:i:1:p:143-150

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