Tag Archives: Money Transfer

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

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

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Frank Quiñones Joins Prepay Nation Team

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

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