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Transfer, paybox partner for money-transfer ATM services
August 21, 2008
FRANKFURT, Germany — Paybox, provider of mobile-payment-enterprise solutions, and Singapore-based Transfer To, an international telecommunications company, have announced a partnership to enable end-customers of mobile operators, banks and other businesses to send money abroad and recharge mobile prepaid accounts using SMS, the Internet or points of sale.
According to a news release, Transfer To provides global airtime transfer services specially designed for migrant subscribers: foreign workers, travelers and expatriates. The service enables prepaid customers to send small money amounts back home or to reload their own accounts while roaming. International credit transfers can be as low as $1 and are done instantly via SMS.
Paybox, with its Mobiliser portfolio, addresses mobile commerce, mobile top-up and mobile money-related opportunities for mobile operators and financial service providers in both developed and emerging markets.Joining forces, paybox and Transfer To offer international top-up and money transfer, bringing together mobile operators from all over the world. Customers can open accounts on the streets, remotely add money to accounts, buy top-up cards, pay utility bills, send money to friends and relatives, withdraw cash at agents' locations or ATMs and get access to credit and make investments.
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