Privier adds international codes to money-transfer offer at ATMs

Privier adds international codes to money-transfer offer at ATMs
Tags: Asia, Australia & Pacific, Central and Eastern Europe, Latin America, Middle East & Africa, Multifunction ATMs, North America, Transaction Processing, Trends / Statistics, Underbanked / Unbanked
October 1, 2009

Privier says it has enhanced its FormFree system to include international calling codes.

According to Privier, the enhancement is expected to streamline money transfers that are initiated at domestic ATMs and sent for pick-up overseas.

The "country calling code," as it is commonly referred to, is universally known among migrant workers. The enhancement replaces the listing of countries at the ATM with a user interface that prompts a user to enter a country calling code. Each country has a unique code.

Privier says it also has enhanced its fee system to charge rates depending on the calling code and originating country. Privier's global payments system includes more than 164 currencies.