TransferOrbit Introduces Portable Money Transfers
ST. LOUIS--(BUSINESS WIRE)--TransferOrbit Corporation (OTC: TRBI) (www.transferorbit.biz) introduces “portable” money transfers throughout the TU-DNRO event network. Friday, the 26th of September, will mark the launch of the portable money transfer product at the Promociones Valdivia event in Vallejo, California. Over 5,000 people will be able to register for their TU-DNRO powered by TransferOrbit ID membership and then initiate a transfer anywhere, over the phone, from a debit card, at a retail location or at participating events like concerts and dances. The customer can now execute the same money transfer transaction at any participating agent of a money transfer company or bank powered by TransferOrbit without repeating the registration process. Members will benefit from $6.00 money transfers at any Promociones Valdivia event. Jorge Toro, President & CEO of TransferOrbit stated, “Much like credit or debit cardholders, a money transfer customer with TransferOrbit Membership can now use his or her membership at a broad network of agents and benefit from competitive fee discounts offered by many money transfer companies and banks. Any money transfer agent or bank can compete for these customers by becoming a member of TransferOrbit’s network, and benefit from additional profit when a customer uses the membership across the network,” added Toro.
The TU-DNRO Network, which provides their distributors (Dance-Concert Promoters, Flea Market Vendors, Catering Truck Vendors, Mom & pop Mexican Stores and others), with a comprehensive package of products including wireless e-pins, long distance, stored value, prepaid debit/credit, bill payment, will now be the registration network for customers powered by TransferOrbit. Their Mexican-Latino business network developed over more than 75 years reaches millions of Mexican Nationals living in the U.S.A. who send $22 billion every year, and spend over $600 billion in the United States. For more information regarding TU-DNRO Inc. please visit: www.tu-dnro.net.
TransferOrbit, a Florida Corporation, is an electronic intermediary for money transfer providers. Banks and non-banks use the Company's scalable, turnkey system of proprietary software and secure network processing to facilitate the person-to-person transfer of money on a "private label basis" throughout Latin America. Providers piggyback on the Company's established network in the United States and 17,000 transfer agents in countries throughout Latin America.
