December 17, 2013 09:00 ET

nTrust Helps More People Free Their Money with Further Expansion across Australia

VANCOUVER, CANADA--(Marketwired - Dec. 17, 2013) - With a goal of helping people around the world to free their money, nTrust has extended its secure and trusted global peer-to-peer money transfer platform to Australia, where members can now use online banking to upload and withdraw funds into and out of their nTrust Cloud.

The integration with POLi Payments, Australia's leading real-time online payment system, allows members to use online banking to upload funds through the country's leading financial institutions including ANZ Bank, Commonwealth Bank of Australia, BankSA, Bankwest, Bendigo Bank, Bank of Melbourne, Bank of Queensland, National Australian Bank, St. George Bank, Suncorp Bank and Westpac. Furthermore, through integration with Inpay, a provider of real-time online bank payments, members can also withdraw money from their nTrust Cloud right back to their bank account.

Australia's remittance market is estimated at $7-billion USD annually with a projected 200,000 workers remitting money home to the Philippines alone.

Uploads from members' banks are always free with no hidden fees, and funds can be withdrawn from their Cloud through bank transfer, bank wire, cheque or via the nTrust Cloud Money Prepaid MasterCard - with applicable fees and processing time.

About nTrust

nTrust is a regulated and trusted global peer-to-peer money transfer platform designed to free its members money by uploading it to the cloud. Cloud Money enables peer-to-peer money transfers around the globe as fast and seamless as sending a text - for free. nTrust members can upload funds into their personal nTrust Cloud directly from their bank accounts, credit or debit cards, or other funding methods depending on jurisdiction. Then, members can instantly exchange funds to other currencies, pay bills or online merchants, load an nTrust Cloud Money prepaid MasterCard® or conveniently send money to other members' Clouds around the world instantly and for free. nTrust's proprietary technology leverages encryption standards that meet or exceed every published standard for online banking transactions and is "PCI-DSS Level 1" certified, which is the highest global standard for operational and technical security designed by Visa, MasterCard and American Express.

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