Azimo Online Money Transfer

Active

2012 Aug

Medium

Low but Growing

Card

They claim they can afford to be cheaper as they have smaller overheads than the bigger players and that transferring money with Azimo will always be cheaper than a high street bank or money transfer company as they offer a more direct service with fewer middlemen. Their charge is between 1 and 2%, depending on the transaction.

non-bank based

third party led

Corridor

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79.201

None

You can make transactions with Azimo wherever is convenient for you, either from home, from an Internet cafe or on the go via you mobile – wherever you have an Internet connection.

Mobile, Web

App for Android available and iPhone expected shortly

No need for bank account.

A minimum transfer of £50 Sterling applies. Users can send up to £900 without an ID verification, but any amount over £900 and both the sender and the recipient must submit additional ID documents on the website.