Prepaid twin cards targeted at migrant money transfer. Link to external site : Website for ANZ Pacific Money Transfer card |  |
| Brand | |
| Launched in | |
| Status |
Active Register/Log In |
| Launch |
2012 Mar Register/Log In |
| Importance |
High Register/Log In |
| Traction |
Low but Growing Upgrade to Bronze |
| Evaluation |
It appears this was first announced in August 2011, so it took some time to materialise. Available for those people who want to send money from Australia to Fiji, Papua New Guinea, Samoa and Tonga. These countries currently receive the highest volume of remittances through ANZ’s current International Money Transfer telegraphic offering. |
| Account Type |
Prepaid Card Register/Log In |
| Business Model |
ANZ's Pacific Money Transfer Card has an initial card fee of $24.95, with the fee for uploading money to the card either $2 through BPay, or $3 through the ANZ website. Upgrade to Bronze |
| Class |
| Send | Services | Receive | ||||
|---|---|---|---|---|---|---|
 Mobile |
 Cash  PC |
 |
 DMT  IMT |
|
Cash PC |
Mobile |
| Model |
bank based Upgrade to Bronze |
| Who Leads? |
bank led Upgrade to Bronze |
| Reach |
Regional Upgrade to Bronze |
| Active Users |
-- NA -- Upgrade to Bronze |
| Registered Users |
-- NA -- Upgrade to Bronze |
| Potential Mobile Market (m) |
29.675 Upgrade to Bronze |
| Regulations |
| Persona | |
| Purpose | |
| Active Services | |
| Card Type |
Visa Register/Log In |
| ServicesDescription | |
| Channels | |
| Payment Instruments | |
| Cash I/O Description | |
| Cash I/O No Of Locations | |
| Handsets | |
| Technologies | |
| Interoperability | |
| RegistrationProcess |
How the ANZ Pacific Money Transfer Card works: • Simple two card pre-paid VISA solution – one card is held by the sender in Australia, the other by the recipient in the Pacific. • Applicants do not have to be existing ANZ customers. • The sender uploads funds via ANZ’s prepaid website or through BPAY. • An SMS notification is sent to the recipient in the Pacific when the funds have been uploaded. • Recipient can then access funds through ATMs and EFTPOS terminals in the Pacific wherever VISA cards are accepted. |
| Main Segment | Migrants |
| Segment Description |