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Privier Inc., markets products and services geared to help banks compete with informal money services businesses (MSBs), serving the domestic $30 billion dollar U.S. remittance segment.  Privier Inc. empowers U.S. bank customers to initiate instant money transfers that can be immediately picked up at the automated teller machine.  To broaden the reach of cash pickup locations, Privier seeks to partner with ISOs both large and small.  Offering person-to-person money transfers capabilities at your automated teller machine, benefits you in a number of ways:

 

  Revenue Generating Opportunities
    With surcharges of $1.50 or more now commonplace, its little wonder consumers shop for fee free automated teller machines. In fact, 75 percent of all ATM transactions in the U.S. are not subject to a surcharge. With increasing PIN pads going into stores to accept debit cards, there are even more opportunities for customers to avoid ATM surcharges, by getting cash back when they pay for their groceries or other purchases with a PIN-based debit card. By offering person-to-person money transfers at the ATM ISOs can sustain revenue growth with ever increasing competition and economic realities that increase market pressures, P2P money transfers at the ATM gives ISOs the edge they need to stay ahead of the competition.  Privier Inc. partnering ISOs receive a click fee for each cash pickup transaction conducted at the ATM.
 

  Cross-Selling Opportunities
    Recipients who visit your stores to pickup cash at the ATM, enable cross-selling opportunities for products and services offered at your ATM locations. 
 
 

 

 
 

 

 

 

 

 

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