Eurogiro: The Annual Meeting on Cross-Border Payment Services for Postal Organisations and Banks Opens Tomorrow in Warsaw

COPENAGHEN, Denmark and WARSAW, Poland, May 9, 2011 /PRNewswire/ -- Tomorrow sees the opening of Eurogiro's annual Community Meeting, during which more than 60 members of the Eurogiro network, present in 48 countries, will come together to share strategies for the development of the money transfer business throughout the world. Many payments made in Poland and transferred rapidly and reliably to a beneficiary in another country are likely to have been carried out automatically by Eurogiro, a partner of important postal organisations, banks and networks in the international electronic payments business.

(Logo: http://www.newscom.com/cgi-bin/prnh/20110509/452987 )

"It is our firm intention to see to it that members associate Eurogiro with "quality, easiness and user friendliness", confirms Tjeerd Rienstra, CEO of the Copenhagen-based company. In Rienstra's view, this means guaranteeing that all cross-border payments can be processed simply, quickly, cost-effectively and having a REACH all over the world, even in rural areas.

Eurogiro, founded in 1993 by twelve European postal organisations, is a Danish commercial company whose aim is to support and develop worldwide business relating to cross-border payments related to retail and wholesale financial services. The Eurogiro community of members is the driver of business and new developments in cooperation with partners. Over the last twenty years, the company has evolved from a platform formed by postal organisations and banks into a trusted partner for cross-border payments at a global level, processing over 32 million transactions every year.

Poczta Polska S.A. - Eurogiro member since 2006 - is very active in this organisation and has its representative in the Eurogiro Customer Council.

"The organization of this year's Eurogiro Community Meeting is for Polish Post a great honour, but also a part of our permanent efforts to provide our customers with attractive offer of our international money order service" - said Jerzy Jozkowiak, the President of Poczta Polska S.A. "The implementation of Eurogiro electronic money orders enabled us to significantly accelerate the time of performance of the service and to considerably improve its quality."

In the first quarter of 2011, the number of Eurogiro money orders sent abroad via Poczta Polska S.A. increased by almost 30% compared to the relevant period of the previous year. In comparison to the first quarter of 2008, the growth amounts to over 70%.

The most important corridors for the Eurogiro money orders sending from Poland are currently: France, Slovakia, Croatia and Italy as well as recently opened Germany and Vietnam.

In parallel to Eurogiro Community Meeting Poczta Polska S.A. launches the information campaign promoting its international money order service.

    
    Contact:

    Annelise Lysdal
    Director, Marketing & products, Eurogiro A/S
    Phone: +45-4371-2772
    Annelise.lysdal@eurogiro.com