ASX ANNOUNCEMENT

14 March 2017

AirPocket Money Transfers live on iOS and new corridor rollout

  • AirPocket money transfers now available on Apple iOS store

  • iOS launch significantly enlarges AirPocket's addressable market

  • Money sending services launched to Bolivia, the Dominican Republic, and Honduras

DigitalX Limited (ASX: DCC and the Company) is pleased to announce AirPocket money transfers are now live on iOS for free download on the App Store. After the successful rollout of money transfers to Mexico and El Salvador last week, AirPocket money transfers are now being offered to Bolivia, the Dominican Republic, and Honduras.

The AirPocket app's remittance service allows users to send money from the US to Latin American destinations for cash pickup or direct bank deposit. Users can fund their money transfer via credit card, debit card, or bank transfer. Notably, users can fund their remittances by prepaid debit card, a method which is increasingly used by under-banked individuals in lieu of costly cash agents.

AirPocket delivers value to the immigrant community by offering low fees and exchange rate premiums that don't change. AirPocket offers steady forex premiums in response to dissatisfaction with the 'casino'-like experience remittance users face on competitor platforms, which offer forex premiums that fluctuate significantly throughout the day and across the week. The convenience of having an unchanging premium takes a significant step out of remittance users' calculation of the optimal sending platform.

-ENDS- For further information, please contact:

DigitalX Limited

Leigh Travers

Chief Executive Officer T: +61 439 376 847

Investor Enquiries:

David Salmon

E: dsalmon@merchantgroup.com.au T: +61 416 626 836

About DigitalX Limited

DigitalX is a Blockchain-enhanced software solutions group disrupting the payments industry. The Company's flagship product, AirPocket allows consumers to make secure and cost-effective money transfers worldwide. Companies can use DigitalX's AirID technology to leverage the benefits of the Blockchain.

DigitalX Limited published this content on 14 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 March 2017 12:24:17 UTC.

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