Copenhagen / Bucharest – May 21, 2019 The Eurogiro Financial Supermarket is the next-generation open payment platform that will empower postal organizations to actively engage in financial services, both locally and globally at a new unprecedented level. Traditional postal revenue has been declining for many years, while the enormous revenue potential for Postal Financial Services has been cannibalized by new global digital players until now. With 600,000+ post offices global
Remittances, or money sent by immigrants to their families residing in their native countries remain a key source of external resource flows for developing countries, far exceeding official development assistance, and more stable than private debt and portfolio equity flows. The majority of this money comes from the GCC — the world’s largest remittance market.
In keeping with the improved global economic outlook over the past two years, the Central Bank of the United Arab Emi