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07/05/2013
3.29 p.m.

Press Release

Banca Mediolanum presents “Send Money”, a service developed in conjunction with PayPal that lets you send money by e-mail address or mobile phone number



Banca Mediolanum and PayPal have developed the first service in Italy that will permit bank customers to send money easily and rapidly to a beneficiary identified by e-mail address or cell phone number.

This “Mediolanum Send Money” service will be accessible through the Banca Mediolanum phone app, available for smartphones: iPhone, Android and soon Windows Phone.

Thanks to this collaboration, Banca Mediolanum customers will be the first in Italy to be able to transfer money directly from their current accounts:

Innovatively, since it is the first service of its kind in the Italian banking system;
Simply, because to identify the beneficiary you need only pick an e-mail address or cell phone number from the contact list on your smartphone;
Instantly, since the money is transferred to the beneficiary immediately;
Directly, since the sender need not have opened a PayPal account beforehand; Easily, because no additional passwords or user codes are required except those generally used by the customer for ordinary transactions.


Milan, 5 July 2013

Contacts:
Media Relations Banca Mediolanum
Rosamaria Salatino
Telefono +39 02 9049 2027
Mobile +39 348 8921069
e-mail: rosamaria.salatino@mediolanum.it

Media Relations PayPal
Elena Cuboni
Telefono + 39 02 3616 0847
Mobile + 39 345 9503687
e-mail: ecuboni@paypal.it