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Eurogiro - Your Global Payments Community



Eurogiro is a unique payments network that connects different payments "ecosystems", e.g. postal organisations, post banks, commercial banks and other payment service providers, focusing on cross border high volume - low value payments.

Eurogiro facilitates members' cooperation in the field of international payments and offers efficient solutions supporting their offering to clients. Thereby Eurogiro helps increasing the business of its members.

To learn more, contact us at [email protected] or read What Eurogiro can do for you.


 

The meeting will be hosted by Poste Italiane: the future lies in innovative services such as transfers from mobile phones and cards

Copenhagen/Rome, 3 May 2010 - Tomorrow sees the opening of Eurogiro's annual User Group Meeting, during which the 64 members of the Eurogiro network, present in 50 countries, will come together to share strategies for the development of the money transfer business throughout the world. Many payments made in Italy and transferred rapidly and reliably to a beneficiary in another country are likely to have been carried out automatically by Eurogiro, a partner of important postal organisations, banks and networks in the international movement of electronic payments.

"It is our firm intention to see to it that members associate Eurogiro with 'quality, easiness and user friendliness'", confirms Tjeerd Rienstra, CEO of the Copenhagen-based company. In Rienstra's view, this means guaranteeing that all cross-border payments can be processed simply, quickly and cost-effectively.
Eurogiro, founded in 1993 by twelve European postal organisations, is a Danish commercial company whose aim is to support and develop, among its members and associate partners, worldwide business relating to cross-border payments related to retail and wholesale financial services. Over the past twenty years, the company has evolved from a platform formed by postal organisations and banks into a trusted partner for cross-border payments at a global level, processing over 32 million transactions every year.

Poste Italiane holds an 8.64% share in Eurogiro, which allows it to play a guiding role in international money transfer strategies and projects, also by focusing on innovative services such as money transfer via mobile phones or payment cards. "Through Eurogiro", explains Alessandro Albano, in charge of Payment Systems at Poste Italiane "we are able to allow cash-to-cash or cash-to-account transfers in 2-4 days, depending on the corridors and the procedures used, and with commission rates below the cost target set by the recent G8 in L'Aquila. Eurogiro is therefore a very important partner in the field of remittance and payment transfer services".

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