Digital wallet Abra has announced that its app is now available on iPhone and Android for consumers in the US. Customers can now use the Abra app in the US or the Philippines to send money for free to anyone else with the app by funding their Abra wallet with their bank account. Ultimately the app aims to be global.
Abra enables the storage digital money on a smartphone. Once the currency is on a phone it can be instantly sent to anyone else with the app by typing in the recipient’s phone number. Recipients in both the US and the Philippines can withdraw their digital cash to their bank account: recipients in the Philippines can also withdraw their digital cash for physical cash at a local Abra Teller.