In recent months Western Union has connected with PSI-Pay, a provider of worldwide payment solutions, to get any money regulated the ewallet type of service for customers. This is a great concept for the Western Union that shows that the company is considering ways to grow as technology is changing.
PSI-Pay is a United Kingdom-based platform, and the Western Union connection with ecoPayz makes it possible for people to get money transferred from the United Kingdom in an instant. The need for this type of money transfer is much more prevalent now that technology allows more people to connect with one another. People are traveling more, and they find themselves in places where they need to get money when they are away from their home base.
Western Union has always been the company that has specialized in these money transfers, but in the past, this was primarily done by going to a Western Union location. These locations still exist, but this cannot be the only method that people rely on when it comes to getting money to someone else. The e-money concept, along with PSI-Pay and all other types of electronic currency is becoming much more prevalent. In order for a company like Western Union to remain relevant, there had to be a change in the way that business was being done.
The effort to connect with ecoPayz and PSI-Pay shows that Western Union is conscious of the need for cross currency and across the border currency transactions. For a company that has been known for getting money to customers within a short time frame, this works perfectly into the platform that this company was already known for. It is not a new concept that they are exploring. By contrast, Western Union is simply focusing on expanding a core competency to a new environment where more people can benefit from these services.
For the Generation Z that depends primarily on technology for all of their various transactions, it makes sense to incorporate an e-money based solution where people can use electronic wallets to initiate transactions. This is an excellent growth strategy for a company that is known for helping customers move currency.
Equity First Holdings has been known for it’s great input in the journey towards development of companies financial solutions. The company has specialized in offering the best financial advice to it’s clients and has been known for commitment and oneness when it comes to matters finance. It has been known from across all parts of the globe because of the commitment it has been able to apply.
The company, since it started operating has kept on rising day in day out. It has tremendously took over all the others with alot of speed. The secret is that they have been able to invest with world’s most famous staff. People who have alot of experience in other industries.
Equity First Holdings is that company that has managed to help so many people earn respect globally. Their clients have been able to have an organized financial system and they have been able to spread roots in some of the biggest cities across the globe.
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The Oxford Club is an international group of business men and investors that offers members methods and strategies on how to invest wisely. Their time-tested methods often beat the stock market. They give advice on stocks, precious metals, real estate, mutual funds, and cryptocurrencies.
Their staff performs extensive research to find the best investments with good returns and little risk. The success of the group is due to their research and strategy. Below are their four main investment strategies the Oxford Club uses.
The Oxford Club recommends investors diversify and have a well balanced portfolio. They suggest investing in a number of different stocks and industries with different levels of risk. A balanced portfolio will have a number of different types of stocks. It might have blue chip stocks, speculative stocks, and foreign stocks.
Diversification means using different type of funds not just stocks. Other investments to consider are mutual funds, commodities, and bonds. Diversifying is important to increasing and managing investments wisely.
Knowing when to sell your investments or having an exit strategy is the second strategy the Oxford Club uses. Knowing when to sell and how is important before you purchase an investment. This lowers the risks and protects your investments. When an investment is doing poorly it time to sell and cut your losses.
The third strategy the Oxford Club uses is position sizing or the amount invested. Its special formula is used to determine how much to invest in a particular stock or investment. Its formula carefully balances investments by size and category.
The Oxford Club fourth strategy is to cut costs on investments for members. The staff finds ways for member to cut investment costs. It looks for funds that don’t have heavy fees and taxes on them. It helps members diversify their investments so they are not heavily taxed. Their strategies work to their members advantage.
The Oxford Club has 157,000 members around the world. It is in 130 countries. The founder believed that the best investments come from personal connections and not mainstream media. In 1992 the club published a book called The Tradition of Wealth. It is offered to all lifetime members.
In 1993, they sponsored their first Advanced Wealth Protection Seminar. It was held at Oxford University in England. The club publishes many investment newsletters to advise them of investments and other publications. For more information on membership call 888-237-0436.