The online and mobile banking offering will be introduced in Europe, Middle East and CIS countries.
Email money transfer, powered by PayPal and integrated into IND Group’s platform enables clients to send funds directly from their online or mobile bank. Without knowing the account number of the beneficiary, money transfer can be made by inputting the email address of the beneficiary. The sender does not need to have a PayPal account, access to online banking and email addresses of the beneficiaries are the only requirements.
The PayPal-powered IND application also enables banks to offer person-to-person money transfer services. In addition to email money transfer, the IND application also includes other PayPal functionalities that can be integrated into online and mobile banking, such as creation of PayPal account, instant top-up of PayPal balance from your bank account and withdrawal of PayPal balance to your bank account.
IND operates on three continents in 15 countries including Germany, Hungary, Poland, Romania, Russia, Slovakia and the UK, and is represented through local business partners in CIS countries and in the Middle East.
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