Small World and Ingenico partnership promises money transfers service

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Europe’s largest independent international money transfers company, Small World Financial Services, has selected a global leader in seamless payments, Ingenico Group, to become its trusted payment processing partner in its quest to extend its global footprint.

Small World will now embark on leveraging Ingenico’s extensive suite of mobile and online payment processing tech, placing it in an optimal position to provide its cross-border payments services to consumers in hitherto untapped markets.

Small World’s customers will be able to take advantage of Ingenico’s omnichannel provisions, including unattended kiosk solutions and biometric terminals, to render the process of making money transfers even more seamless.

Small World has been providing its customers with a range of rapid and low-cost methods of sending and receiving money across the world, whether to family, friends or businesses. The process takes minutes and involves a repertoire of delivery methods depending on customer preference, including mobile wallet, mobile top-up, cash pick-up, bank deposit and home delivery. With Ingenico onboard, an additional level of security has been added, as each transaction is protected with the firm’s integrated fraud protection tool.

Nick Day, CEO and Founder of Small World Financial Services, said: “When it comes to sending money to friends and family abroad, today’s consumers want the best prices as well as the safest and simplest solutions.

“Ingenico offers new scalable solutions and alternative payment solutions for our customers, to add to our existing technology platform. This partnership will give Small World a further competitive advantage and allow us to exceed our business goals as we continue to grow and expand our global footprint.”

Ingenico will now commence managing payments for Small World in 18 global market, including Australia and the US. Its comprehensive suite of payment solutions will elevate the latter’s money transfer experience for its customers because their simulations cut the cost of processing.

Small World will also now have access to Ingenico’s consolidated reporting and business intelligence tools, which help identify new global market opportunities and streamline business processes.

Nigel Frith
Nigel Frith
Former Global General Manager
Nigel was the Global General Manager at FXcompared. Nigel has a background in marketing for businesses and consumers as well working in a variety of online financial services roles. Read more

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