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Press Release: Privier Enhances Its
Patented Global Payments FormFree System
Tue Sep 30, 2009 7:26pm EST
Privier enhances its patented Global Payments FormFree system to include
“international county calling codes” to streamline the selection of the
country where cash is to be sent to, at the ATM. The “country calling
code” is universally known amongst migrant workers as they frequently
use them to contact friends and family living abroad. The enhancement
replaces the listing of countries at the ATM with a UI that, prompts the
customer to enter the “country’s calling code” where cash is to be sent
to. For example, a customer who wants to send money to the Dominican
Republic would simply enter international country calling code: 809.
Privier has also enhanced its fee system to charge rates depending on
the country calling code, transfer amount, and originating country.
Privier also enhanced its Global payment system to include over 164
currencies. The move enables Privier to convert currency from one form
to another with no additional fee to the recipient.
About Privier
Privier, Corp. pioneered and patented a unique technology – instant,
ATM-to-ATM, cash-to-cash transfers, using intelligent cash deposit
taking ATMs, also known as envelope-free ATMs.
While the ATM has been around for 30 years, the technology made
available to today’s users has not kept pace with the progress made in
the other delivery channels, such as the online and mobile banking
channels. The market now demands that ATMs move beyond mere cash
dispensing, allowing them to provide more sales and service.
Consumers demand pervasive banking. They expect transparency of
technology and services, regardless of the banking channel.
Our unique technology enables customers and non-customers of financial
institutions worldwide to make cash deposits at the ATM and have a
recipient withdraw the originating cash deposit from another ATM
regardless of the time, currency type, and banking relationship, without
sharing financial information, and with no customer enrollment
requirements. Together these elements provide a seamless, user-friendly,
secure, convenient and reliable payment option fully compliant with
existing regulations for your customers and a gateway to the
under-banked and the $300 billion Global remittance market.
Privier Corp. is a registered North Carolina company.
Charles Polanco, 704-654-5700
or Bill Drevant, 847-838-2023
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