Xoom and Globe GCASH Team Up for Special Offer for Filipino Recipients

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SAN FRANCISCO, June 6, 2013 (GLOBE NEWSWIRE) -- Xoom Corporation (Nasdaq:XOOM), a leading digital money transfer provider, has announced a partnership with Globe GCASH that offers remittance recipients a PHP 1,000 cash bonus. From now until July 31, 2013, first time Xoom senders can visit http://www.xoom.com/gcash to make their first money transfer. Their eligible recipients are entitled to the PHP 1,000 cash bonus which can be picked up at any Globe GCASH location in the Philippines.

"Globe GCASH is a well-known and trusted brand in the Filipino community. We are excited to partner with Globe GCASH and to offer recipients in the Philippines this great bonus," said Julian King, Xoom's Senior Vice President, Marketing and Corporate Development. "With this incentive, Filipinos and their loved ones can discover how convenient, safe and fast it is to send money to the Philippines with Xoom."

"GCASH is committed to providing customers an unbelievably positive experience when getting their remittances. The PHP 1,000 cash bonus is just one example of many great offers to come," said Paolo Baltao, president of G-Xchange, Inc, a wholly owned subsidiary of Globe and operator of GCASH REMIT and GCASH.

Recipients in the Philippines can get their PHP 1,000 bonus from any of the 7,000 GCASH outlets in the Philippines. Therefore, even people living in outlying areas can already get their money from accredited GCASH REMIT outlets which include Tambunting and Villarica pawnshops, Globe stores, rural banks, and many more. To know more about GCASH REMIT, visit www.globe.com.ph/gcash.

For more information on the promotion, log-on to www.xoom.com/gcash.

About Xoom

Xoom is a digital money transfer provider, focused on helping consumers send money in a secure, fast and cost-effective way using their mobile phone, tablet or computer. During the 12 months ended March 31, 2013, Xoom's more than 840,000 active customers sent more than $3.6 billion to family and friends in 30 countries worldwide. The company is headquartered in San Francisco and can be found online at www.xoom.com.

About GXI

G-Xchange, Inc. (GXI) is a pillar in m-commerce and a fully-owned subsidiary of Globe Telecom, which is a leading full service telecommunications company in the Philippines. GXI has established a wide network of local and international partners that include government agencies, utility companies, cooperatives, insurance companies, remittance companies, universities, and commercial establishments which process remittances or accept payment for products and services. GXI operates GCASH, a mobile money service which transforms the mobile phone into a virtual wallet, empowering customers to buy load, pay bills, send money, donate, and shop online at the convenience of their fingertips.


CONTACT: Media Contact: Robin Carr, Xoom 415-395-4363 robin.carr@xoom.com

Source:Xoom Corporation