Dublin, Ireland, 18 January 2006. PAYDAQ, The Low Cost International Money Transfer Company is authorised by the Financial Regulator. Following a long regulatory process, PAYDAQ has been granted approval by the Financial Regulator to act as a money transmission business. Commenting on the result, PAYDAQ CEO Mark Durkin says "We are delighted to be the first authorised Money Transfer Company in Ireland. The team have worked extremely hard to achieve this status and we welcome the regulators supervision of this sector".
About PAYDAQ:
PAYDAQ (www.paydaq.com) is
Ireland’s first money transfer company authorised by the Financial
Regulator. PAYDAQ offers a low cost alternative to existing providers
with transfer fees from €2.65. The service is available online at
www.paydaq.com and through selected
agents nationwide. Registration is easy and only
takes a minute to complete. Once registered, you can transfer money
online 24 hours a day, 365 days a year.
Backed by private investors, we are also supported by Enterprise
Ireland. The company was a finalist in the 2006 Docklands Innovation
Awards.
For further information, please contact:
Mark Durkin, PAYDAQ: +3531 4877 800