Tag Archives: mobile payments

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

“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

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DIRECT CONNECT CONTINUES TO ACQUIRE SALES OFFICES WITH PURCHASE OF FLORIDA ISO

CHANTILLY, VA, March 15, 2016 — /EPR NETWORK/ — Direct Connect today announced that it has acquired another payment processing sales portfolio, Merchant Processing Solutions (MPS) in Fort Lauderdale, FLA.

This transaction is part of Direct Connect’s commitment to growth through acquisition and is the company’s sixth acquisition since being recapitalized by The Beekman Group in 2015.

MPS provides merchant services to more than 500 restaurants and retail businesses across the United States, with more than $100 million in annual processing volume.

Owned jointly by Yamilet Strauss, Claudia Mosley and Diana Lizarazo, the independent sales organization (ISO) is a perfect fit for the Direct Connect business model: it is an active retail ISO acquiring merchants on the First Data platform, but it needed the financial and technological infrastructure and support to compete in today’s rapidly-changing payments infrastructure.

“MPS has grown successfully because of their people, and their top-down commitment to providing service and support to customers,” said Matt Clyne, Direct Connect’s CEO. “Direct Connect adds financial strength and stability, state-of-the-art technology and highly experienced human resources to the mix, making for an unbeatable combination and assured growth for MPS.”

Clyne said Direct Connect purchased five companies in 2015 and has already laid the groundwork for three more acquisitions in the first half of 2016. Direct Connect continues to actively seek out sales offices with low attrition and a commitment to the highest levels of service and support.

ISOs interested in investment capital or acquisitions opportunities are invited to visit www.directconnectps.com or contact the company at 800.747.6273.

“We intend to be a very active buyer in the marketplace,” Clyne said.

About Direct Connect
Based in the Dulles Corridor of Northern Virginia, Direct Connect provides innovative technology and payment processing services to businesses across the United States and Canada, including retail, restaurant, government contractors and service industries. Through a robust partner program, Direct Connect works with financial institutions, non-profit organizations, associations and software developers to incorporate payment solutions and enhance customer service. With a 20+-year history and more than 25,000 merchants in its portfolio, Direct Connect was recapitalized in 2015 by The Beekman Group, a New York City-based private equity firm positioning us well to meet the ever-changing demands of the industry.

Contact-Details:
Nancy Drexler, Acquired Marketing
ndrexler@acquiredmarketing.com
917-743-5258

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