Money transfer veteran takes on role as National Sales Manager.
Berwyn, PA (USA), July 18, 2014 — Prepay Nation, a leading provider of cross-border microvalue and prepaid mobile airtime transfers, is pleased to welcome seasoned sales leader Frank Quiñones to their team. Quiñones will be serving as National Sales Manager, focusing his efforts on growing Prepay Nation’s distribution base within the Financial Services Centers market, with an emphasis on the Spanish-speaking sector.
Recently responsible for prepaid product launches at money transfer firm Sigue, Quiñones has a wealth of both sales experience and familiarity with the value remittance market. He has worked with industry leaders such as Western Union, MoneyGram, Praxell and Softgate, garnering a reputation for excellent salesmanship and strong customer relationships. Originally from Puerto Rico, Quiñones will lead both west coast and Spanish-speaking retail business development for the Prepay Nation network.
With 53 million Hispanic individuals living in the United States, over 19 million of whom are immigrants, the Spanish-speaking population is a large and growing force in the US economy. Businesses catering to the needs of this demographic often include cross-border money remittance services—a high-demand service, with over $41 billion being remitted to Spanish-speaking Latin America from the U.S. annually. According to World Bank data analyzed by the Pew Research Center, funds transferred to Latin America account for a third (33%) of remittances from the U.S.
“Money remittance is a vital service, but often an expensive one,” said Quiñones. “By selling international airtime top-ups as a form of remittance, businesses can bring a no-fee option to their customers who want to support their loved ones back home. It’s a huge value, and I am eager to help our partners grow by incorporating it into their offerings.”
“We are excited to have Frank on our team,” said Anurag Jain, CEO of Prepay Nation. “His dedication to providing strong value to customers, along with his Spanish fluency and familiarity with both prepaid products and cross-border remittance channels, are going to be excellent assets to Prepay Nation. We’re confident that he will contribute greatly not only to our growth, but also to the success of each of our retail and distribution partners.”
About Prepay Nation:
Prepay Nation is a fast growth company in the business of enabling micropayments from one person to another across international borders. Prepay Nation utilizes the prepaid mobile ecosystem to transfer values in the form of international airtime remittance. With mobile operator partnerships in Central America, South America, Caribbean, Asia, and Africa, and a varied distribution channel spanning the US, Canada, and Middle East, Prepay Nation offers its innovative services to expatriates who financially support their loved ones back home. Prepay Nation’s unique business model, highly scalable processing platform, and interconnectivity with mobile operators, allows for instantaneous and no-fee transfers for the consumers and an opportunity to generate significant revenues for the distributors. For more information, visit www.prepaynation.com.
Press & Media Contact:
Sarah Feidt
Head of Marketing
Prepay Nation, LLC
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 571 213 6609
sfeidt@prepaynation.com
