Tag Archives: imtu

Glo Ghana and Prepay Nation Announce Mobile Airtime Top-up Partnership

October 31, 2019 flashnewsrelease Leave a comment

“Digital Channel for Glo Top-up to be launched on the Prepay Nation platform”.

Berwyn, PA (USA) / Accra (Ghana), October 31, 2019 — Glo, the leading mobile service provider in Ghana, is pleased to announce that it has partnered with Prepay Nation, to launch a digital channel for its subscribers for mobile top-ups.

“Having a digital channel, Diaspora Ghanaians and those who have friends in Ghana now have an alternative and convenient way to add airtime to the phone of a friend or relative back home” said Reka Bors, VP Business Development – Europe and Africa at Prepay Nation, a Pennsylvania based company with 10+ years of experience in the mobile payments platforms. “Furthermore, Ghanaians traveling abroad can now easily top-up their mobile accounts once they have internet access. We are extremely delighted to be joining forces with Glo to launch this exciting initiative.”

“We see this partnership with Prepay Nation as a natural step to improving the experience of our customers,” said Hardeep Khertepal, Head of Business at Glo Mobile Ghana. “Offering the convenience of a digital channel allows our customers the opportunity to always stay connected. Additionally, launching these new properties allows us to tap into incremental support from the Ghanaian Diaspora markets. Now, Ghanaians living in Europe, North America or anywhere in the world, can send a gift of Glo Mobile airtime to their friends and relatives back in Ghana from anywhere, anytime.”

Many mobile operators have begun to recognize the strategic importance of launching a successful digital channel and the benefits of partnering with Prepay Nation in doing so. Digital channel average transaction values (ATV) tend to be higher than those from the retail sector. In addition, the average revenue per user (ARPU) is higher for digital customers. Prepay Nation has partnered with mobile operators in Europe, Asia, The Americas and now Africa in launching digital top-up solutions.

About Prepay Nation:
With more than 500 mobile operator partnerships in Central America, South America, the Caribbean, Asia, and Africa and a varied distribution channel spanning over 250,000 locations in the US, Canada, Europe and the Middle East, Prepay Nation is a rapidly growing fintech company that facilitates the transfer of mobile airtime and data across international borders. Prepay Nation operates an efficient flexible, market-leading platform that helps its partners increase customer base and revenues. Prepay Nation is funded by its founders and Finch Capital, an investment firm based in Europe and focused on investments in fintech. To read more, visit www.prepaynation.com

For more information contact:
Lucas Brasil, lbrasil@prepaynation.com

About Glo Ghana:
Glo Mobile Ghana is a leading telecom operator in Ghana and aspires to build Africa’s biggest and best telecommunications network. Glo also made history as the first single company in Africa to build an $800 million high-capacity fiber-optic cable, Glo-1. It is the first successful submarine cable from the United Kingdom to Nigeria with service spurs along West African countries. Glo 1 has provided excess bandwidth to all the countries connected to the cable. This historical initiative has improved teleconferencing, distance learning, disaster recovery and telemedicine among several other benefits.

For More information, visit:
www.gloworld.com/ghana or email customercare@glomobileghana.com

Press & Media Contact:
Lucas Brasil
Prepay Nation
1055 Westlakes Drive, Suite 300,
Berwyn, PA 19312 – USA
+1 (866) 970-7467
lbrasil@prepaynation.com

Telecom

A J Hanna, Chief Mobile Financial Service Officer for Veon Group Joins the Board of Prepay Nation

July 24, 2019 flashnewsrelease Leave a comment

Prepay Nation is proud to announce Mr. A J Hanna as their new Chairman of the Board. Mr. Hanna is an innovator and pioneer in mobile financial services and digital payments with global hands-on experience and expertise across the financial services and telecom industries.

Berwyn, PA – USA, July 23rd, 2019 — Prepay Nation is proud to announce Mr. A J Hanna as their new Chairman of the Board. Mr. Hanna is an innovator and pioneer in mobile financial services and digital payments with global hands-on experience and expertise across the financial services and telecom industries. Mr. Hanna held key positions at American Express, Western Union, First Data, Millicom and VEON over the past several years and has a proven track record in seizing new opportunities, developing new products and delivering strong financial and operational results. Mr. Hanna is an active Board member, adviser and investor in several start-ups that are reinventing financial services across the globe. Mr. Hanna’s appointment to the board is expected to help Prepay Nation in creating new business opportunities for growth by exploring new products and leveraging its unmatched network connectivity and partnerships, which has been built over the years.

“We are thrilled to have Mr. Hanna on board. We value his broad range of experience in the mobile financial services market and we look forward to working with him to identify and capitalize on unique opportunities to grow Prepay Nation and reach our full potential,” said Ajay Vikas Goyal, co-founder of Prepay Nation.

Mr. Hanna also has high hopes for Prepay Nation’s future. “With a vast network of mobile carriers in more than 120 countries, an expanding number of retail outlets around the world, and an API that allows the Prepay Nation platform to connect to any provider system, point of sale, app, kiosk or website, Prepay Nation is already a leading platform for processing cross border mobile airtime and data,” said Mr. Hanna. “I am looking forward to utilizing their distinctive business model, highly scalable processing platform, and connectivity with digital service providers and mobile operators to build even more of the right products and relationships to generate exponential growth.”

Radboud Vlaar, Partner at Finch Capital, is also excited about Mr. Hanna joining the team. “Mr. Hanna’s valuable experience in the mobile financial services industry will help them expand their reach across borders more easily and efficiently than ever…” says Vlaar

About Prepay Nation:
With more than 500 mobile operator partnerships in Central America, South America, the Caribbean, Asia, and Africa and a varied distribution channel spanning over 250,000 locations in the US, Canada, Europe and the Middle East, Prepay Nation is a rapidly growing company that facilitates the purchase of wireless airtime and data across international borders. Prepay Nation provides an efficient flexible, market-leading platform that helps its partners increase customer base and revenues. Prepay Nation is owned by MTI group of companies which is funded by its founders and Finch Capital, an investment firm based in Europe and focused on investments in fintech.

Press & Media Contact:
Lucas Brasil
Prepay Nation
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 (866) 970-7467
lbrasil@prepaynation.com

Technology

Prepay Nation Named to Inc. Magazine’s Annual List of America’s Fastest-Growing Private Companies for 2014

September 7, 2014 flashnewsrelease Leave a comment

Microvalue transfer innovator is ranked in the top 100 companies.

Berwyn, PA (USA), September 06, 2014 — Prepay Nation, a leading provider of cross-border micro value and prepaid mobile airtime transfers, is thrilled to announce that the company has been named to Inc. magazine’s annual Inc. 500 list, an exclusive ranking of the nation’s fastest-growing companies. The company ranks #97 overall and #10 in the Financial Services category. Prepay Nation stands alongside such market disrupters as Lending Tree, GoPro, Hubspot and Fuhu.

To be included in the 2014 Inc. 500 list, companies had to have grown more than 942% from the start of 2011. Prepay Nation is honored this year based on its meteoric 3,637% growth over the last 3 years. Past honorees include Intuit, Zappos, Microsoft, Jamba Juice, Timberland, Pandora, Oracle, and other industry leaders, many of whom have since gone public.

Prepay Nation enables the transfer of small values across international boundaries on a real time basis. It is a P2P service that is primarily used by immigrants to extend financial support to their friends and family back home. Prepay Nation utilizes prepaid mobile phone infrastructure around the globe to provide its service, which is free to both sender and recipient, and is complementary to the traditional money remittance market, estimated at approximately $500 billion per annum.

“Prepay Nation was built on the fact that the current financial systems do not provide any cost-efficient option to transfer small values across international boundaries,” said Anurag Jain, CEO of Prepay Nation. “Our tremendous growth is a validation of the opportunity that exists, along with our ability to offer a unique solution to migrant workers.”

“We are proud and humbled by this honor,” said Ajay Goyal, CTO and Co-Founder of Prepay Nation. “It not only recognizes efforts on our part, but also the value of the service we provide enabling no-fee cross-border productized remittances.”

“Prepay Nation is a remarkable organization, and this recognition comes as no surprise to anyone who has been involved in their amazing growth over the past few years,” commented Carol Realini, payments innovator and Board Member at Prepay Nation. “The team has real vision, and an outstanding roster of talent for making it a reality. They’re bringing substantial value to each of their partners, and I have no doubt they will garner increasing recognition from Inc. and others moving forward.”

About Prepay Nation:
Prepay Nation is a fast growth company in the business of enabling the transfer of small values from one person to another (P2P) across international borders. Prepay Nation utilizes the prepaid mobile ecosystem to remit values in the form of international airtime, product vouchers, mobile wallet balances and more. With over 200 mobile operator partnerships in Central America, South America, Caribbean, Asia, and Africa, and a varied distribution channel spanning over 175,000 locations in the US, Canada, Europe and Middle East, Prepay Nation offers its innovative productized remittance 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 and other digital service providers, allows for instantaneous and no-fee transfers for consumers and an opportunity to generate significant revenues for distributors. For more information, visit http://www.prepaynation.com.

About Inc. and the Inc. 500:
Inc. magazine, founded in 1979 and based in New York City, is a monthly publication focused on growing companies. Since 1982, the magazine has published an annual list of the 500 fastest-growing private companies in the U.S., the “Inc. 500.” The Inc. 500 is ranked according to percentage revenue growth over a four-year period. To qualify, companies must be U.S.-based, privately held, and independent—not subsidiaries or divisions of other companies—as of December 31 of the last year measured. Revenue in the initial year must have been at least $200,000, and revenue in the most recent year must have been at least $2 million.

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

Computers

Prepay Nation Named #1 Fastest-Growing Privately Held Company in Philadelphia

November 19, 2013 flashnewsrelease Leave a comment

Company takes top spot at the annual Philadelphia 100 awards.

Berwyn, PA (USA), November 19, 2013 — Prepay Nation, a leading provider of international mobile top-up and cross border micropayment services,has taken the top honor at the prestigious Philadelphia 100 awards, held annually by the Philadelphia Business Journal, the Wharton Small Business Development Center and the Entrepreneurs’ Forum of Greater Philadelphia.

The Philadelphia 100, a hallmark of entrepreneurial achievement in the region since 1988, is a merit-based program measuring the fastest-growing, privately held companies in the Philadelphia area. This year, the awards were presented to the winning 100 companies at the Annenberg Center for the Performing Arts on Oct. 16.

“To be recognized as the single fastest-growing private company in the region is a testament to the hard work of our team, as well as the market potential of our vision,” said Anurag Jain, CEO of Prepay Nation. “We want to thank the Philly100 team for this honor, and congratulate our fellow winners as well!”

This win comes on the heels of Prepay Nation’s recognition in the Tie50 as one of the 50 best startups in the world, selected from a pool of over 1,100 candidates from 24 countries. “We have expanded rapidly and strategically since our inception, and we are confident that with a team and an offering as outstanding as ours, this is only the beginning of what we will achieve.”

Prepay Nation’s Board of Advisors expressed enthusiasm for the win. “Prepay Nation is breaking ground in an industry that is continuously developing,” said Board Member FadySahhar, President of strategic business consulting firm XtraGlobex. “Their broad network and unique capabilities are putting them at the forefront in markets where demand is increasing, and I’m proud to be involved with such an innovative team.”

Board Member Carol Realini, author and mobile payments and banking pioneer, commented, “The global mobile ecosystem is rapidly evolving as consumers all over the world use their phones for more activities and services than ever before. The Prepay Nation team is has done an incredible job of building an innovative cross border platform and leading in the Americas corridor. I have no doubt that this award is one of many they will garner in the next few years.”

“There are so many stakeholders that benefit from Prepay Nation’s work,” said Board Member A.J. Hanna, financial industry veteran and Director atAnthemis Group. “Not only do service providers and points of sale reap significant rewards from integrating, but consumers all over the globe are more connected, with vastly more options for supporting their loved ones, as a result.”

“As many in this industry work to reinvent financial services for the 21st century, companies like Prepay Nation are absolutely at the heart of the foundation we are building on, and will continue to be critical innovators in the years ahead,” Hanna added.

About Prepay Nation:
Prepay Nation enables value transfer across international borders using a global mobile ecosystem of 149 mobile operators. Processing millions of transactions across the Americas, Prepay Nation leads the way in expanding distribution with rich mobile customer experiences and has a traditional distribution channel of over 150,000 locations. Their processing platform serves as a foundation for micro transactions beyond airtime, enabling instantaneous value transfer creating revenue generation for operators, distributors, and retailers. With the recent acquisition of the European company, Minute Transfer SA, they are aggressively expanding into Europe, Asia and Africa. For more information visit: http://www.prepaynation.com.

About Philadelphia 100:
Started in 1988 by The Entrepreneurs’ Forum of Greater Philadelphia, The Philadelphia Business Journal and the Wharton SBDC, the Philadelphia 100 has recognized some of the region’s finest companies when they were just beginning to emerge: Mothers’ Work, Fiberlink, Urban Outfitters, Forman Mills, Kremer Laser Eye Center, and Primavera Systems, just to name a few.This program culminates in a gala event every fall where the fastest growing, privately-held companies are recognized. The event is one of the City’s premiere business events, marked by delicious hors d’oeuvres, open bar, great networking, “the countdown”, Hall of Fame inductions, Top 10 Fastest Growing Company Awards and the keynote speaker address.

Press & Media Contact:
Sarah Feidt
Head of Marketing
Prepay Nation
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 571 213 6609
sfeidt@prepaynation.com

Telecom

Tagattitude Announces Partnership with Prepay Nation

October 4, 2013 flashnewsrelease Leave a comment

Prepay Nation enables international diasporas to transfer values to mobile wallets in Africa, Latin America and Caribbean via TagPay platforms.

Paris & Philadelphia, PA (USA), October 03, 2013 — Tagattitude, the company behind the award-winning TagPay mobile money platform, announces a partnership with Prepay Nation, a leading provider of cross-border, micro –value transfers. This partnership seeks to connect the customers in Prepay Nation’s distribution network with the mobile money services running on TagPay.

Prepay Nation has an established practice in mobile airtime transfers and currently works with key mobile operators like Airtel, Etisalat, Digicel, Tigo, America Movil, and Orange to facilitate the transfer of prepaid airtime to in-country subscribers from loved ones abroad in developed nations. Since there are no fees charged to the receiver or to the sender, the service has become tremendously popular among expatriates, especially in North America and the Middle East.

Prepay Nation’s partnership with Tagattitude complements their strong growth initiative into productized remittance opportunities that allow immigrant workers to buy goods and services for their family members back home on a real-time basis, rather than sending cash via conventional money remittance channels. . Their distribution network covers over 200,000 partner point of sale locations in North America, Europe, and the Middle East, serving millions of expatriate, immigrant, and prepaid wireless customers both banked and unbanked.

“With the increasing demand among members of various global diasporas for productized remittance opportunities to support their dependents back home, we are always looking for innovative methods to satisfy that need ,” explains Prepay Nation CEO, Anurag Jain, “Integrating with TagPay was a natural choice, as our existing customers who currently transfer airtime will now have the option to transfer value into a mobile wallet of a family member abroad. Through a single integration we have created new business opportunities for our partners and the mobile money operators using the TagPay platform.”

Over 20 existing mobile money services run on TagPay platforms and this number is steadily increasing. Companies like MobiPay (Namibia), MCash (Uganda), Celpaid (Ivory Coast), and HaitiPay (Haiti) use TagPay to offer valuable e-money services that promote financial inclusion in their countries. These services typically include account management (mobile wallet), mobile payment for retail purchases, person-to-person transfers, bill payment and more.

Thanks to the partnership between Tagattitude and Prepay Nation, all TagPay-based mobile money services can use Prepay Nation’s distribution network to facilitate transfers of value to their user base from loved ones all over the world.

“Building and maintaining an entire agent network from scratch is a major challenge and investment for any mobile money service,” explains Tagattitude CEO Yves Eonnet, “Plugging into existing networks is a great way to get around this however few networks are willing or able to do the technical integration that is often required to connect to a single service, particularly if that service is new on the market. Prepay Nation’s expertise enabled a seamless and rapid integration, which has produced a level of global connectivity that we’re excited about. Since all of Tagattitude’s clients use the same type of platform (TagPay), with just one integration Prepay Nation’s distribution network can process transactions seamlessly and securely for any TagPay-based service.”

Prepay Nation and Tagattitude will showcase their successfully completed technical integration October 6-10 on Prepay Nation’s booth #119 at the Money2020 event in Las Vegas.

With integration out of the way, Prepay Nation has begun discussions with Tagattitude’s clients who have had an overwhelmingly positive reaction to Prepay Nation’s offering.

“We are thrilled that Haitians living in the US will soon be able to send money home to a family member’s HaitiPay account just by going to a retail outlet connected to the Prepay Nation platform,” shared HaitiPay CEO Pascale Elie, “This new service will boost usage and adoption of HaitiPay. International remittances has always been part of our vision and with Prepay Nation is will be possible to offer this much sooner than we had hoped.”

Though there are regulatory, business, and other considerations to take into account, it is expected that HaitiPay and many other TagPay-based mobile money services will soon be available via Prepay Nation’s distribution network.

About Tagattitude (www.tagattitude.fr) :
Tagattitude specializes in MOBILE MONEY.

Tagattitude has developed the TagPay mobile money platform, a state-of-the-art brandable platform enabling the fullest range of mobile money services on the market. This platform is used by 20+ mobile money services worldwide and supports each facet of their ecosystem.

TagPay includes highly innovative NSDT™ (Near Sound Data Transfer) technology developed and patented by Tagattitude. NSDT™ enables the use of all existing mobile phones worldwide as payment tools and authentication devices. NSDT™ uses the mobile phone’s audio channel to transmit secure transaction data (One Time Password, electronic signatures, certificates).

Tagattitude was founded in 2005 by Yves Eonnet and Hervé Manceron who bring over 15 years of experience in the smart-card and telecom industries. Tagattitude’s technologies and platform make contactless transactions and financial services possible for all. Tagattitude holds 10 international patents and invests over half of its resources in R&D.

About Prepay Nation (www.prepaynation.com) :
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.

Press & Media Contact:
Sarah Feidt
Head of Marketing
Prepay Nation
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 571 213 6609
sfeidt@prepaynation.com

Telecom

Prepay Nation and HAY United Join to Bring International Mobile Top-Up to Kruidvat and Trekpleister Drug Stores in The Netherlands

September 17, 2013 flashnewsrelease Leave a comment

Digicel and Telesur prepaid international airtime now available at 930 locations nationwide.

Berwyn, PA (USA), September 17, 2013 — Prepay Nation, a leading provider of cross-border micropayments and prepaid mobile airtime transfers, and their partner in the Netherlands, HAY United have launched international mobile top-up via Kruidvat and Trekpleister drugstores across the country.

For the initial launch of the distribution partnership, Prepay Nation is offering instant prepaid airtime refills for Digicel and Telesur phones in Suriname, allowing the estimated 350,000 Suriname expatriates living in The Netherlands the opportunity to top-up the phones of their loved ones back home. Customers can buy 10EUR or 25EUR vouchers in any Kruidvat or Trekpleister store, and use them to send that value home in the form of airtime.

As an added bonus exclusively for Digicel subscribers, during the initial launch period the recipients in Surinam will receive double the voucher amount purchased by customers in the Netherlands; a limited number of customers will also receive a free gift.

The two national drugstore chains have a combined footprint of 930 locations, and are prime shopping spots for members of the Surinamese diaspora. The selection of targeted IMTU offerings available in-store will be broadened over time, bringing steadily increasing value to the entire distribution chain, from carrier through customer.

Hans Lute, COO of Digicel in Surinam, called the launch an excellent opportunity. “Bringing international mobile top-ups to some of the most convenient and popular locations in the Netherlands is a fantastic chance, not only to broaden our distribution, but also to connect the residents of Suriname to one of the largest Surinamese expatriate populations in the world,” Gopaul said. “Our goal at Digicel is to keep people connected, and we’re thrilled to be doing that here with Prepay Nation and HAY United.”

“This is just the beginning of a strong partnership,” said Remco Nederpel, CEO of HAY United. “This distribution agreement has the potential to grow dramatically in scale, offering top-ups from a wide variety of international mobile brands to every diaspora in the Netherlands. We are pleased to start on this journey with Kruidvat and Trekpleister, and are excited to see it grow.”

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 http://www.prepaynation.com.

About Hay United:
HAY United is a business venture set up exclusively to promote cross border mobile top ups in the Pan European Market and beyond. Hay United in partnership with Prepay Nation is set to identify innovative opportunities & use cases for Cross Border value transfer. HAY United has been promoted by a team of experienced individuals who have expertise in serving a variety of distribution channel such as retailers, e-tailers, e-voucher distributors and M(V)NOs.

Press & Media Contact:
Sarah Feidt
Marketing Director
Prepay Nation
1055, Westlakes Drive, Suite # 300
Berwyn, PA 19312 – USA
+1 571 213 6609
sfeidt@prepaynation.com

Telecom

Prepay Nation Acquires Minute Transfer and Gains Entry into the European Market

October 10, 2012 flashnewsrelease Leave a comment

European expats can now access the Prepay Nation global network.

Philadelphia, PA (USA), October 09, 2012 — Prepay Nation ( http://www.prepaynation.com ), one of the fastest growing providers of international airtime transfers for prepaid mobile operators in emerging nations, has announced completion of its acquisition of Minute Transfer SAS, a France-based international mobile Top Up (IMTU) services provider.

Through this acquisition, Prepay Nation will now own the vast network of mobile operator partnerships built by Minute Transfer in Asia and Africa. The acquisition will give Prepay Nation a significant footprint in the European market, allow Europeans access to the Prepay Nation network, and enable the firm to establish partnerships with mobile operators relevant to diaspora populations in Europe.

“This purchase will accelerate our expansion into new territories, adding to our strong base in the North American market starting with Europe,” said Anurag Jain, CEO of Prepay Nation. “It will also provide us a highly valuable domain name (http://www.minutestransfer.com) along with a loyal customer base that has been serviced by Minute Transfer over the last few years.”

“This acquisition will allow Prepay Nation to offer a direct to consumer sales channel through an online portal to its existing mobile network operator partners, thus adding significant value to its business,” said Herve Perrin, Founder of Minute Transfer. “Our customers will benefit from the innovative cross border value transfer services Prepay Nation plans to introduce in the near future.”

About Minute Transfer:
Minute Transfer is one of the first companies to offer International Mobile Top up services. The company has been in operation since 2008 serving customers through an online portal to transfer minutes globally.

About Prepay Nation:
Prepay Nation is a leading provider of international mobile Top Up with mobile operator partnerships in Central America, South America, Caribbean, Asia, and Africa. Through over 150,000 retailers in the U.S. and Canada, Prepay Nation enables expatriates to financially support their families back home. Prepay Nation’s unique business model and highly scalable processing platform enables instantaneous financial transfers for consumers and incremental revenue generation for distributers and retailers. For more information, visit http://www.prepaynation.com.

Press & Media Contact:
Erin Flynn Jay or Fady Sahhar
XtraGlobex
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103 – USA
215-772-3048/267-238-3820
erin.flynn@xtraglobex.com/fady.sahhar@XtraGlobex.com

Telecom

Prepay Nation Announces Partnership with Globacom in Nigeria

March 30, 2012 flashnewsrelease Leave a comment

Glo to offer international mobile top-up through Prepay Nation’s North American and European retail channels.

Philadelphia, PA (USA), Friday – March 30, 2012 — Prepay Nation ( http://www.prepaynation.com ), one of the fastest growing providers of international airtime transfers for prepaid mobile operators in emerging nations, has announced an alliance with Nigeria’s national telecom operator, Globacom. Through the partnership, individuals living in the US, Canada, and Europe will be able to transfer small currency values to Glo customers in the form of airtime minutes, from a diverse array of convenient retail locations.

The partnership will provide the significant and growing Nigerian expatriate community in North America and Europe-estimated at over 5 million individuals-as well as those with loved ones living and working abroad in Nigeria, with access to instant International Mobile Top Up (IMTU) service through Prepay Nation’s retail distribution network. The service provides a vital avenue through which customers can support their Nigeria-based friends, colleagues, and loved ones, instantaneously replenishing their mobile airtime minutes from a nearby partner retailer.

“We are excited to partner with Glo,” said Sarah Feidt, Head of Marketing at Prepay Nation. “They are pioneers in their market, and our international mobile top-up services are a perfect fit with that. We’re also pleased to serve the Nigerian Diaspora, which remits an estimated $20 billion annually; being able to send small amounts to their loved ones instantly in the form of airtime minutes will no doubt be extremely valuable to this supportive demographic.”

Also speaking about the development, Head of Glo Gateway, Adeniyi Olukoya said that the partnership will further help to improve the connection between Nigerians in the Diaspora and their loved ones at home who they can send Glo international airtime top-ups by visiting any of the thousands of Prepay Nation ( http://www.prepaynation.com ) partner outlets across Europe and in North America.

“This partnership is significant as it offers greater opportunity to millions of Nigerians in the Diaspora to support their family, friends, colleagues and loved ones by easily and instantaneously replenishing their mobile airtime minutes on the Glo network through Prepay Nation and their partner retailers”, he stated.

About Globacom:
Owned by the Mike Adenuga Group and launched in Nigeria in 2003, Globacom has consistently grown to support over 22 million subscribers on its network in Nigeria and Benin Republic with many more set to come on board in Ghana where it is set to launch soon. Glo has also made history as the first company to single-handedly build an $800 million high-capacity fiber-optic submarine cable, known as Glo-1. It is the first successful submarine cable from the United Kingdom to Nigeria with connections to 12 other African countries and a dedicated extension to the United States. Already, the cable is offering immense bandwidth capabilities to homes and businesses in Nigeria and beyond, radically changing the way that people work and play across the continent.

Press & Media Contact:
Fady Sahhar / Sarah Feidt
XtraGlobex, Inc
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103
267-238-3820
fady.sahhar@xtraglobex.com / sarah.feidt@xtraglobex.com

Telecom

Prepay Nation Announces Partnership with Etisalat Afghanistan

January 6, 2012 flashnewsrelease Leave a comment

Etisalat to offer international mobile top-up through Prepay Nation’s North American and European retail channels

Philadelphia, PA (USA), Thursday – January 05, 2012 — Prepay Nation ( http://www.prepaynation.com ), one of the fastest growing providers of international airtime transfers for prepaid mobile operators in emerging nations, has announced an alliance with the largest mobile service provider in the Middle East, Etisalat. Through the partnership, individuals living in the US, Canada, and Europe will be able to transfer small currency values to Etisalat Afghanistan customers in the form of airtime minutes, from a diverse array of convenient retail locations.

The partnership will provide the North America- and Europe-based friends, coworkers, and relatives of Etisalat Afghanistan subscribers with access to instant International Mobile Top Up (IMTU) service through Prepay Nation’s retail distribution network. The service provides a vital avenue through which customers can support their colleagues and loved ones in Afghanistan, instantaneously replenishing their mobile airtime minutes from a nearby partner retailer.

“Etisalat Afghanistan is a pioneer in the market, and we are thrilled to be partnering with them,” said Sarah Feidt, Head of Marketing at Prepay Nation. “Our services bring great value to mobile customers and to their colleagues and loved ones abroad, and Etisalat’s mandate to connect and invigorate Afghanistan’s mobile ecosystem fits perfectly with the unique international connectivity we offer.”

“In regions where international currency transfer can be costly, cumbersome, and often impossible, nothing makes more sense than to send instant support in the form of mobile minutes that everyone needs and uses,” Feidt added. “We’re excited to bring that option to individuals connected to Etisalat Afghanistan subscribers.”

One of the largest telecommunications companies in the world, United Arab Emirates-based Etisalat is the leading operator in the Middle East and Africa, servicing over 100 million customers in 18 countries. The company began operations in Afghanistan in August 2007, and is the fastest growing mobile phone company in the nation. Etisalat provides voice and data services in 31 Afghani provinces and 196 districts, with more than 12,000 retail outlets, and has recently signed a deal with the Afghanistan Telecommunications Regulatory Authority to invest in mobile infrastructure development and provide services in 17 rural Districts.

Etisalat has embraced its mission to play an active role in the growth and prosperity of Afghanistan, from both a mobile and a social perspective. They have established a number of community engagement activities, including sponsoring both national and grassroots sports programs, and supporting a variety of health and educational initiatives. Their division staff comprises 90% local Afghans, and they have recently launched their Employee Succession Plan with the intention to train and develop over 400 Afghan nationals into senior management positions.

“This partnership is one more way that we are investing in the rebuilding and development of Afghanistan,” said Ebrahim Ali Al Hashmi, Marketing Director of Etisalat Afghanistan. “Creating opportunities for Afghans is our grounding principle here, as part of the UAE promise of long-term partnership to transform this magnificent country into a modern, peaceful, and prosperous Afghanistan. Linking up with Prepay Nation ( http://www.prepaynation.com ) will allow us to connect with individuals abroad who are eager to support their loved ones here, and in doing so, support the vital growth of the nation’s infrastructure and economy.”

Afghanistan, with over 16.8 million mobile phone subscribers, has 63% mobile connectivity penetration and 80% population coverage. Etisalat Afghanistan’s subscriber base represents over 24% of the market. To learn more about the company, visit http://www.etisalat.af.

About Etisalat:
Etisalat is a comprehensive telecommunications provider offering a one-stop shop for mobile and fixed-line voice and data services to individuals, enterprises and international telecommunications companies, ISPs?, ? content providers and mobile operators. It offers a variety of hi-tech complimentary services to the telecommunications industry including managerial and technical training, SIM card manufacturing, payment solutions, clearing house services, peering, voice and data transit, and submarine and land cable services. Etisalat is also the major hub in the Middle East, for internet, voice, mobile broadband, broadcast, roaming and corporate data services, with an extensive regional and intercontinental network. It is the largest carrier of international voice traffic in the Middle East and Africa and the 12th largest voice carrier in the world. Etisalat has 525 roaming agreements connecting 185 countries enabling BlackBerry, 3G and voice roaming. In 2009 the Etisalat group received seventeen industry awards and including three for innovation and three for customer service. It has been named ‘Best Overall Operator’ in the Middle East six times since 2006 and was named Best International Carrier at the World Communications Awards in 2008. For more information, visit http://www.etisalat.ae

Press & Media Contact:
Fady Sahhar / Sarah Feidt
XtraGlobex, Inc.
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103
267-238-3820
fady.sahhar@xtraglobex.com / sarah.feidt@xtraglobex.com

Telecom

Prepay Nation Announces Partnership with Airtel Nigeria

December 15, 2011 flashnewsrelease Leave a comment

Airtel to offer international mobile top-up through Prepay Nation’s North American and European retail channels.

Philadelphia, PA (USA), Wednesday – December 14, 2011 — Prepay Nation, one of the fastest growing providers of international airtime transfers for prepaid mobile operators in emerging nations, has announced an alliance with one of Africa’s largest mobile service providers, Airtel Nigeria. Through the partnership, individuals living in the US, Canada, and Europe will be able to transfer small currency values to Airtel Nigeria customers in the form of airtime minutes, from a diverse array of convenient retail locations.

The partnership will provide the significant and growing Nigerian expatriate community in North America and Europe—estimated at over 5 million individuals—as well as those with loved ones living and working abroad in Nigeria, with access to instant International Mobile Top Up (IMTU) service through Prepay Nation’s retail distribution network ( http://www.prepaynation.com ). The service provides a vital avenue through which customers can support their Nigeria-based friends, colleagues, and loved ones, instantaneously replenishing their mobile airtime minutes from a nearby partner retailer.

“We are proud to join forces with Airtel Nigeria,” said Sarah Feidt, Head of Marketing at Prepay Nation. “Our services bring great value to mobile customers, and Airtel Nigeria is exactly the kind of operator whose dedication to their customer base makes us a natural fit. We’re also pleased to serve the Nigerian diaspora, which remits an estimated $20 billion annually; being able to send small amounts to their loved ones instantly in the form of airtime minutes will no doubt be extremely valuable to this supportive demographic.”

Airtel Nigeria is the Nigerian arm of Bharti Airtel Limited, an international global telecommunications company with operations in 19 countries across Asia and Africa and over 200 million customers, 50 million of whom are in Africa. The company offers mobile voice and data services, as well as fixed line, high speed broadband, IPTV, and other enterprise telecom services. In June of 2010, Airtel entered the African market with the purchase of Zain Africa, a leading mobile operator and developer of telecom operations across the continent. Since then, Airtel has enjoyed substantial growth, and has continued to innovate; the company recently announced plans to upgrade 250 of its diesel-powered Nigerian base stations to operate on solar power.

“This partnership is yet another example of our commitment to our Nigerian customers, and our dedication to continual and reliable growth and improvement,” said Deepak Srivastava, ED and COO of Airtel Nigeria. “Our customers rely on us to provide top performance and services that enhance their lives, and making IMTU available through Prepay Nation is one more way that we’re accomplishing that.”

Nigeria, with over 90.5 million mobile phone subscribers, is the largest mobile market in Africa; Airtel Nigeria’s 16 million customers represent over 17% of the market. To learn more about the company, visit http://www.ng.airtel.com.

About Bhati Airtel Limited:
Bharti Airtel Limited is a leading global telecommunications company with operations in 19 countries across Asia and Africa. The company offers 3G voice & data services, fixed line, high speed broadband, IPTV, DTH, turnkey telecom solutions for enterprises and national & international long distance services to carriers globally. In rest of the geographies it offers mobile voice & high speed wireless internet. Bharti Airtel has been ranked among the six best performing technology companies in the world by Business Week. Bharti Airtel had over 238 million customers across its operations at the end of October 2011. For more information, visit http://www.airtel.com

Press & Media Contact:
Fady Sahhar or Sarah Feidt
XtraGlobex, Inc
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103 USA
267-238-3820
fady.sahhar@xtraglobex.com / sarah.feidt@xtraglobex.com