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. state by state
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. Offering Privier's products and services to your bank clients benefits your network in
a number of ways:
Customer Retention
New product
offerings by processors geared to help banks compete with
informal MSBs, adds value to your existing portfolio of
products and services offerings. Privier's products
and services enable banks both small and large to offer
their customers the ability to send
money to non-customers that can be immediately picked up at the
automated teller machine.
Instant Gratification
Americans
that conduct money transfers at informal MSB's seek instant
gratification for micro emergency money transfers,
that on average can be collected by a recipient in minutes. Banks and processors can service these customers by
providing recipients with instant access to cash at the
automated teller machine.
Revenue Generating Opportunities
Privier Inc.
partnering processors, receive a click fee for each
person-to-person money transfer transaction conducted by a
bank client.