Small World Financial Services Group Extends OperationsBy Small World Financial Services Group Ltd, PRNE
Sunday, December 5, 2010
Small World Financial Services Group has Today Announced That it has Commenced Operations in Italy, Bringing its European Footprint to Seven Countries
LONDON, December 6, 2010 - Small World has launched its money transfer services offering
in Italy as part of its continued expansion across Europe.
Nick Day, Managing Director at Small World, stated: "This
expansion is an important part of our growth strategy. There are
approximately five million immigrants in Italy, poorly served by the
incumbent operators. This is one of the largest markets in Europe with
immigrants from Africa, South Asia and Central and Eastern Europe and we
bring a highly competitive, convenient and reliable money transfer service
that will enhance our agents and consumers' experience.
"Entering and expanding into new markets and signing, training
and rolling out agents who are from the ethnic communities of our consumers,
as well as opening new store locations, is critical to our future success and
the addition of the Italian territory gives our group further scope for
expansion. The banks, post offices and mobile network operators that we have
integrated with to form our global network bring first class services within
their respective territories and we are proud to be able provide our
customers and their families with the best possible consumer experience."
About Small World Financial Services Group
Small World Financial Services Group is the largest
independent money transfer company in Europe. It provides global
consumer-to-consumer money transfer services through a sending network of
agents and Company-owned stores, disbursing money transfers through a
worldwide payer network. Small World has a global network of 130,000 cash
pickup locations in 90 countries worldwide, as well as disbursement to bank
accounts and mobile wallets. In addition to money transfers, Small World
Financial Services offers consumers telephony services, insurance products,
prepaid debit cards, and cheque cashing.
For more information, or to apply to be a Small World agent,
please visit the Company's Web site at www.smallworldfs.com.
Contact: Nick Day, T: +44-7793670665
Tags: December 6, Italy, London, Small World Financial Services Group Ltd, United Kingdom