Postal transfer system Post Transfers to be implemented among CIS countries by 2018

ArmInfo. National postal operator  of Armenia "HayPost" informs about the launch of the project  PosTransfer. A new worldwide system of postal money transfers created  under the wing of the Universal Postal Union.

The first stage of the pilot project will be implemented in Armenia,  Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan,  Ukraine. The new system will be fully implemented by the end of the  year.

The decision to create a unified money transfer system was made in  September 2016, at the Congress of the Universal Postal Union in  Istanbul. "HayPost" CJSC reports about the readiness of a single  platform, as well as corporate style and logo of the service. The  system of postal money transfers PosTransfer provides the reception  and payment of money transfers through the networks of post offices  of national operators, using telecommunications facilities, including  mobile applications.

The funds will be available immediately after their transfer, online,  in accordance with operational and technological standards, common to  all participating countries. It is expected that the remaining UPU  member countries will join the Post-Transfer system at subsequent  stages.

Universal Postal Union is an international intergovernmental  organization and a specialized agency of the United Nations, which  connects 193 states.