Eurogiro Annual Meeting for Organisations Specialising in Payments Opens in Budapest

Copenhagen (ots/PRNewswire) -

- Cross-border payment specialists from more than 45 organisations around
the globe will shortly meet to exchange best practice and discuss the future of cross
border payments
- Posts, banks, MTOs, central banks, consultants, partners such as Western Union
and UPU are among the participants

(Logo: http://photos.prnewswire.com/prnh/20120507/530940 )

Tomorrow, in Budapest, Hungary, Eurogiro's annual Community
Meeting will bring together more than 100 delegates of the Eurogiro
network to share strategies for the development of the money transfer
business throughout the world.

Many payments made in Hungary, and transferred rapidly and
reliably to a beneficiary in another country, are likely to have been
carried by Eurogiro.

"The community is the backbone of Eurogiro and much business is
initiated at the annual member meeting" confirms Michel Stuijt, CEO
of the Copenhagen-based company. According to Mr. Stuijt the payments
business has grown steadily, currently in particular outside Europe.
Eurogiro has continuously expanded its member base throughout the
world, providing cost efficient and flexible payment services.
Eurogiro members provide reach for payments to both urban and rural
customers alike."

Eurogiro manages its own network and links to SWIFT and carries
any type of secure and cost efficient payment, be they account
transfers and cash payments, workers' remittances, commercial
payments, public payments etc. and is ready for payments for mobiles
and cards.

Eurogiro celebrates its 20th anniversary in 2013. Eurogiro started
as a European payment network, but today the focus for Eurogiro is to
continue its global expansion and retain a high level of satisfaction
amongst all of its members.

Eurogiro, founded in 1993 by 14 European postal organisations is a
commercial company and a collaboration whose aim it is to develop
worldwide business relating to the cross-border payments of both
retail and wholesale financial services for the benefit of its
members. The Eurogiro community of financial institutions is the
driving force behind all business developments. Over the past twenty
years, the company has evolved from a platform of postal
organisations and banks into a trusted partner on a global level,
processing over 30 million cross-border payments every year, reaching
more than 500,000 branches and 4 billion people in more than 50
countries.

Eurogiro employs 14 people directly and has its head office in
Copenhagen, Denmark and a branch in Singapore.

Michel Stuijt, CEO, michel.stuijt@eurogiro.com

Annelise Lysdal, Director Marketing & Products,
annelise.lysdal@eurogiro.com

Tel: +45-43712772

Photo:
http://photos.prnewswire.com/prnh/20120507/530940

ots Originaltext: Eurogiro
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