YNOT EUROPE – EMC2Payouts, a division of internet payment services provider EMC2Billing, has enhanced its multicurrency e-wallet account capabilities. E-wallet accounts now may be opened in euros or U.S. dollars, and no foreign exchange fees will be assessed. Electronic funds transfers to bank accounts in Europe typically take one day.

EMC2 facilitates EFTs to bank accounts in more than 150 countries worldwide at fees that usually are a fraction of the cost of traditional wire transfers.

In addition, the company has raised the limit on Globe Wallet Visa prepaid debit cards to $25,000. In order to be approved for a card, users’ identities must be verified. The process takes 24-48 hours and requires a notarized government ID and a notarized utility bill.

EMC2Payouts also has improved the speed and efficiency of money transfers from user e-wallet accounts to Globe Wallet Visa cards, a spokesman said. Previously, card loads could take as many as three days. Now users may load money onto their cards instantly.

“We have again listened to our e-wallet holders’ comments and suggestions, and we’ve made some exciting improvements to our worldwide money transfer options,” said Chief Executive Officer Greg Berard. “There will be even more exciting news to come shortly after the New Year, so stay tuned.”

For information about employing EMC2Payouts’ services, visit EMC2Payouts.com or email the customer support staff.

To learn more about the parent company’s services, visit EMC2Billing.com.