21 March 2018
visit www.nextgenbanking.co.uk

Interpay introduces e-money transfer services in Surinam

25 November 2005  |  2826 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 http://info.nice.comVisit www.facebook.com/business/

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
11459 views 0 | 5 tweets | 4 linkedin
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
10186 views comments | 29 tweets | 39 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
9601 views comments | 10 tweets | 8 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
8867 views comments | 14 tweets | 28 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
8726 views comments | 13 tweets | 28 linkedin

Featured job

Basic c.£90K OTE c.£180K plus full benefits pac...
London based

Find your next job