Dublin, Ireland, 29 November 2006. PAYDAQ, The Low Cost International Money Transfer Company is launching an advertising campaign on the lead up to Christmas to make you aware that there is an alternative to the high fees that are currently charged by Western Union. Commenting on the current market, CEO Mark Durkin says "The high fees charged by Western Union in the Irish and UK market are excessive, they are exploiting their customers”.
PAYDAQ has launched a low cost international money transfer service in response to the high rates being charged by Western Union and other money transfer service providers. Durkin commented “After extensive research into the money transmission markets in Europe, it became apparent that many consumers were prohibited from transferring money frequently because of the high rates being charged by existing providers”.
At PAYDAQ, we strive to constantly keep our costs low and pass these savings to you, the consumer. We ask you to compare our fees to Western Union, as we are confident you will see considerable savings with PAYDAQ!
The PAYDAQ business model is based on growing a loyal customer base coupled with developing a network of low cost international remittance channels and agents. The company is currently offering services to customers in: Poland , Lithuania, UK , Czech Republic , Ireland and Estonia. PAYDAQ is currently in the process of extending services to the USA, Canada and Australia.
About PAYDAQ:
PAYDAQ (www.paydaq.com) is Ireland’s first money transfer company authorised by the Financial Regulator. Our business is based on providing value to the customer, with transfers starting from €2.65. PAYDAQ is currently offering its services to customers in Poland, Lithuania, Czech Republic, Estonia, UK and Ireland. Registration is simple and only takes a minute to complete.
PAYDAQ customers have benefited from very competitive foreign exchange rates. PAYDAQ has a firm policy of always paying out in the local currency to the money transfer recipient.
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