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Nexxo, HSBC enhance deal to provide self-service remittance
July 30, 2008
LOS ANGELES — Nexxo Financial Corp. has extended its deal with HSBC to include deployment of its self-service remittance kiosks to 19 HSBC credit center branches in Texas and California. "Nexxo is thrilled to be partnering with HSBC — providing them with a turnkey solution that allows them to offer their customers a world-class remittance service," said Dave Alvarez, chief executive of Nexxo. "We have invested millions of dollars over the last few years developing this innovative patent-pending technology and user experience." Nexxo will handle the programming, installation, servicing and management of the kiosks. Among the benefits, customers will recevie text-message notification of pick up, a free call to notify the recipient that the money is on its way, simple retrieval of money at pick-up points and bank branches in Mexico, Central and South America, and the option to transfer money directly to the recipient's bank account.
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