Tempo Money Transfer plans to significantly build up its activity in North America, particularly in the US. The France – based company just registered its trademark for international remittances through the international trademark system World Intellectual Property Organization.
The Paris-headquartered service provider, which already operates some 450 locations in the US, believes North America hosts enormous potential.
“Stimulated by the national diversity and stable economy, the US remittances market is reaching new heights and we expect it to grow further. The trademark registration is yet another step forward, manifesting our eager plans to explore the segment,” said Mr. Jeffrey Phaneuf, the president for Tempo Money Transfer.
Previously the company registered its trademark with the Office of Harmonization in the Internal Market (OHMI).
Tempo’s trademark registration follows other important events. This year the company completed significant integration projects in China, Sri Lanka, Nepal, Pakistan, as well as 6 African countries.
“The registration of Tempo Money Transfer as a trademark will be beneficial to our clients, to whom we provide European standard service. Trademark registration is yet another milestone in our development, given Tempo is actively implementing its full-scale international partnership program globally,” Mr. Phaneuf said.
One of the most ambitious money transfer market players in the EU field, Tempo Money Transfer operates in over 100 countries worldwide. Its services are available in over 200 000 locations. Its main assets include a pan-European money transfers license, issued by the Bank of France in 2011, state-of-the-art IT-infrastructure, as well as its team having collective work experience of 30 years.