JohnD
8 Sep 2008
News / Sending money to Poland [32]
My company spoke to a number of Ecuadoreans living in New York who send money back to family at home. They pointed out a number of problems with the existing transfer method:
1) the fees were high
2) criminals often target Western Union locations knowing that people are picking up money.
3) the sender would like to know that money was sent on something worthwhile
We looked at creating a system whereby Ecuadoreans could send vouchers that could be redeemed in supermarkets. The voucher could be sent either by SMS or via the Web using the senders credit card. The recipient then redeems the voucher in their local supermarket. The service was to be provided for free.
Does anybody have any thoughts if this would be a desirable service for Polish workers living in the UK or Ireland who want to send remittances home?
John
My company spoke to a number of Ecuadoreans living in New York who send money back to family at home. They pointed out a number of problems with the existing transfer method:
1) the fees were high
2) criminals often target Western Union locations knowing that people are picking up money.
3) the sender would like to know that money was sent on something worthwhile
We looked at creating a system whereby Ecuadoreans could send vouchers that could be redeemed in supermarkets. The voucher could be sent either by SMS or via the Web using the senders credit card. The recipient then redeems the voucher in their local supermarket. The service was to be provided for free.
Does anybody have any thoughts if this would be a desirable service for Polish workers living in the UK or Ireland who want to send remittances home?
John