14 December 2017
visit http://response.ncr.com

Interpay introduces e-money transfer services in Surinam

25 November 2005  |  2802 views  |  0 Source: Interpay

Today, prime minister Balkenende and President Venetiaan received the first Prepaid Transfercard from Interpay and Surpost, the Surinam postal company.

The presentation of the Prepaid Transfercard took place in the presidential palace in Paramaribo, within the framework of Surinam's 30 years of independence. The card is the electronic alternative for cash and paper international money orders and thus fulfills an important function in monetary transactions between the Netherlands and Surinam.

Interpay and Surpost developed the Prepaid Transfercard in order to enhance convenience, safety and speed when transferring money to, for instance, family in Surinam. Rather than sending cash or a money order, the sending party deposits the money in a central account. The recipient in Surinam then withdraws the money or makes payments using the Prepaid Transfercard. With this card, Interpay and Surpost respond to the G8's demand - issued during the Lima conference in 2004 - to make international money transfer through the regular banking channels accessible for a wider group of people. Other countries have already shown interest for the Prepaid Transfercard.

The Prepaid Transfercard is one of the three new payment cards that Interpay launches under the name Prepaid Services. Besides the Prepaid Transfercard, Interpay also provides the Prepaid Giftcard and the Prepaid Pluscard. De Prepaid Giftcard is the electronic answer to the paper gift voucher. The Prepaid Pluscard gives organisations that regularly make cash payments, such as temporary employment and social service agencies, the opportunity to offer their clients a debit card with a spending limit. With Prepaid Services, Interpay responds to an increasing demand for payment products that reduce cash payments.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

equensWorldline SE

Related blogs

Create a blog about this story (membership required)
visit www.solutions.lexisnexis.comvisit www.response.ncr.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10149 views comments | 16 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9105 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
8836 views comments | 17 tweets | 36 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7568 views comments | 20 tweets | 11 linkedin
Brits flock to digital-only banksBrits flock to digital-only banks
7188 views 11 comments | 11 tweets | 15 linkedin

Featured job

Find your next job