Saturday, November 26, 2005

Interpay Launches Electronic Money Order

Yesterday Interpay announced that President Venetiaan and Prime Minister Balkenende were the first to receive the new Prepaid Transfercard by Interpay.

Interpay and Surpost developed the Prepaid Transfercard in order to enhance convenience, safety and speed when transferring money to, for instance, family in Surinam. Rather than sending cash or a money order, the sending party deposits the money in a central account. The recipient in Surinam then withdraws the money or makes payments using the Prepaid Transfercard.