Eurogiro has developed a service for SMS notification to the beneficiary of a pending Eurogiro Cash International (ECI) payment and to the sender of a successful pay-out of the ECI payment instruction. An SMS alert will be sent to the beneficiary when the funds are available and ready for collection. Similarly, an SMS will be sent to the sending customer when the beneficiary has collected the funds.
Very little investment is needed by the sending organization to make use of this service.
Eurogiro also offers a service where the sending organization can broadcast the same text to a number of receivers. This service is not linked to the ECI product (or any other Eurogiro product) but can be used by any Eurogiro customer. It may be useful for exception and investigation handling and is based on the SWIFT MT199 – a free format message – where the phone numbers and the required text must be specified.
Eurogiro has now taken the first step in integrating mobile technology in the financial payment flow.
For more information, please contact Eurogiro at [email protected] and read more about this new service in our Newsletter June 2009 issue.