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Prepay Nation, Airtel Kenya Partner to Offer International Mobile Top-up

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Prepay Nation has announced its partnership in Kenya with Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa.

Berwyn, PA (USA), Jun 14th, 2015 — Prepay Nation, a leading provider of cross-border prepaid mobile airtime transfers, has announced its partnership in Kenya with Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa. With this partnership, individuals living in the US, Canada, and Europe will be able to transfer small values to Airtel Kenya customers in the form of airtime minutes, without fees and from over 175,000 retail locations and web sites.

The partnership will provide the over three million Kenyan expatriates with access to instant International Mobile Top Up (IMTU) service through Prepay Nation’s distribution network. IMTU is becoming a preferred method of family support for immigrants around the world, who are able to utilize the widespread penetration of mobile phone infrastructure to send support to their loved ones back home, without the high cost of sending money.

“Airtel Kenya is an ideal partner for us,” said Hervé Perrin, VP of Business Development at Prepay Nation. “Kenyans living abroad are among the most active remitters in the world, and as such are well-served by the access. They will now have access to a cash-based, no-fee service for sending Airtime back home instantly. With more than 8 million subscribers in Kenya, Airtel’s integration to Prepay Nation’s huge distribution network will connect them to their loved ones abroad and we are delighted to add that value to Airtel’s offerings.”

“We are pleased to integrate with Prepay Nation,” said CEO of Airtel Kenya, Adil El Youssefi. “Our alliance enables us to broaden our footprint of international mobile top-up connectivity and reach millions of Kenyans eager to send assistance at home. This is another outstanding enhancement to the services we offer our subscribers, and Prepay Nation’s flexibility has been instrumental in making it happen.”

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 send values in the form of international airtime. 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 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://prepaynation.com/contact/

About Bharti Airtel:
Bharti Airtel Limited is a leading global telecommunications company with operations in 20 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 4 mobile service providers globally in terms of subscribers. In India, the company’s product offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high speed DSL broadband, IPTV, DTH, enterprise services including national & international long distance services to carriers. In the rest of the geographies, it offers 2G, 3G and 4G wireless services and mobile commerce. Bharti Airtel had over 324 million customers across its operations at the end of March 2015. To know more please visit, www.airtel.com

For more information, contact Dick Omondi on email dick.omondi@ke.airtel.com phone +254737048009

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

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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

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Brian Fox Joins Prepay Nation to Lead Activities in Canada

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Financial Services Industry veteran to lead business development as Country Head.

Berwyn, PA (USA), August 15, 2014 — Prepay Nation, a leading provider of cross-border micro-value and prepaid mobile airtime transfers, has welcomed Western Union veteran and innovator Brian Fox to their team. Fox will be responsible for business development in the Canadian market, helping to expand Prepay Nation’s international value transfer and productized remittance services country-wide.

With a background in technology and software engineering, Fox has built his career driving the innovative application of technology to business goals. He started with Western Union Canada in 2001 and was responsible for building up partnerships with banking organizations all over the country, moving the company in a different direction and ultimately establishing one of Western Union’s most important channels.

His vision and passion for innovation have yielded outstanding results and accomplishments. He handled hundreds of millions of dollars per year for Western Union, and while expanding the company’s traditional retail distribution, Fox saw web- and mobile-based distribution as critical to future of the remittance industry in North America. In line with this, he drove a groundbreaking 2006 deal allowing Canadians, for the first time, to send money worldwide from their Scotiabank online banking portal or mobile banking app. In 2011, Fox established the organization’s first Web and smartphone bi-directional remittance service via relationships with the largest telcos in Canada, and the next year solidified a deal allowing all Canadian banks to offer international remittances via Western Union and the Interac E-transfer network. The first bank on the network went live in 2013, changing the remittance business in Canada forever.

“There is an enormous opportunity for Prepay Nation in Canada,” said Fox, “and it is directly related to the percentage of the population coming from other countries. On average twenty percent of the Canadian population is foreign born, but that escalates to as many as fifty percent in large metropolitan centers like Toronto.” The World Bank estimates the immigrant populations in Canada remit in excess of $20 billion dollars per year to their home countries “Immigrant populations that send financial support to their loved ones back home are always seeking convenient, cost-effective channels for doing so, and this is exactly what Prepay Nation does so well. The ability to deliver small values across international boundaries, instantaneously and without fees, is essentially impossible for conventional financial institutions. Prepay Nation’s value proposition using mobile airtime transfer is real innovation and has tremendous value for Canadian immigrants” added Fox.

“Brian is a true innovator, and one we are excited to bring onboard,” commented Anurag Jain, CEO of Prepay Nation. “He has insight not only into the current financial services industry and the Canadian market, but also into the growth trends that emerging technology is creating within the space. We are excited to have him on the team to nurture our existing valuable partnerships in Canada, and to continue developing our vision for the future.”

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 internationally in the form of prepaid mobile airtime, product and service vouchers, and other forms of productized 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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Cellcom Liberia and Prepay Nation Launch International Mobile Top-Up Worldwide

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Partnership offers instant prepaid mobile airtime refills at over 175,000 retail locations.

Berwyn, PA (USA), August 15, 2014 — Cellcom Liberia, one of the largest telecommunications providers in Liberia and the first provider of 4G service in the region, has partnered with Prepay Nation, a leading provider of cross-border microvalue and prepaid mobile airtime transfers, to make mobile airtime refills for its subscribers available for purchase overseas. The move will open up a no-fee form of remittance to the hundreds of thousands of Liberian expatriates who support their loved ones back home.

Liberian emigrants are estimated to number over 500,000, largely concentrated in the U.S.A., Germany, Italy, Holland and UK. According to the World Bank, 20% of Liberia’s GDP comes from remittances as they send millions of dollars home every year to help loved ones with bills and expenses. Pew Research estimates $342 million worth of remittance was received by Liberia in 2012, out of which $166 million was sent from the U.S., and $80 million was sent from Guinea. Cellcom in Guinea and Prepay Nation have enjoyed a successful partnership for the last 2 years, a high-volume collaboration that has inspired corporate confidence in this Cellcom Liberia initiative.

Most of the funds received by Liberia is sent through traditional money transfer organizations, but the price of those channels is steep: it costs as much as $15 in fees to send only $200 from the United States to Liberia, where it must be physically collected, incurring both inconvenience and often risk.

“Mobile airtime is a different way to provide financial assistance to family back home,” said Hervé Perrin, VP of Business Development at Prepay Nation. “With this partnership, Liberian immigrants in the U.S.A., Canada, Europe and the Middle East can now purchase airtime refills for their loved ones’ phones. The full value of the purchase, with no fees subtracted, is received instantly on the subscriber’s mobile.”

“Their hard-earned dollars go further, and immediately relieve of one of their loved ones’ primary expenses,” added Perrin. “It’s a godsend for immigrant populations all over the world, and we’re thrilled to make it a reality for Cellcom subscribers.”

“Our primary focus is always on providing greater and greater value for our subscribers,” said John Vasikaran, CEO of Cellcom Liberia. “We have led the charge in growing and enhancing Liberia’s mobile technology infrastructure, and have twice been recognized as the Best GSM Company in Liberia. Opening up the ability to receive instant, Free of Cost airtime transfers from family and friends abroad is a perfect addition to our offerings. Prepay Nation’s retail network spans 175,000 locations, touching our whole diaspora, and we are confident that our customers will love this new opportunity.”

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, bill payments, 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 www.prepaynation.com.

About Cellcom Corporation:
The Cellcom Corporation provides communication to the heart of Africa, connecting thousands of people every second. Established in 2004, Cellcom operates in Liberia and Guinea. As a leading provider of communication services in West Africa, Cellcom offers cellular network access and high-speed cellular internet along with high-quality voice calls, SMS, MMS, and international communication services. With over 1,000,000 subscribers, Cellcom is Liberia’s leading service provider as well as its fastest-growing mobile network. The company is renowned for delivering best value, best service and best network coverage. Cellcom, with its countrywide network, is the only network that can provide broadband high-speed data to its customers through its Mobile network, ISP and fiber. For more information, please visit http://www.cellcomgsm.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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Hervé Perrin Joins Business Development Team at Prepay Nation

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Expanding the European footprint for the leading mobile value transfer company.

Berwyn, PA (USA), April 16, 2014 — Prepay Nation, a leading provider of cross-border microvalue and prepaid mobile airtime transfers, has brought on telecom business leader Hervé Perrin as VP of Business Development. Perrin joins Prepay Nation’s team of mobile ecosystem innovators with a mandate to expand the company’s European operations, as well as to invest his expertise in their ongoing development of new and exciting use cases for their award-winning platform.

A globally successful strategist, marketer, and change manager with a significant focus in the telecommunications sector and the EMEA region, Perrin comes to Prepay Nation from director-level positions across the mobile landscape, including MVNO, B2C prepaid airtime transfer, and consultancy organizations.

With 20 years of global leadership experience at companies such as Set Mobile, Telenor, Moov- Subsidiary of Etisalat, Intercel, Telecel, Afritel, and XTS Network, he has worked with and consulted for some of the largest mobile operators in the industry. He is also the founder of Minute Transfer, one of the very first international mobile top-up (IMTU) companies in the world, and served as the startup Managing Director of the first MVNO in sub-Saharan Africa.

Perrin’s achievements bode well for Prepay Nation. His unique profile of having worked at MNOs, MVNOs, vendors and consultancies gives him a valuable perspective on what Prepay Nation has to offer. As the organization seeks to bring their flexible value transfer platform to mobile network operators and service providers around the globe for a variety of use cases, Perrin’s intimate understanding of their needs will prove invaluable.

“Perrin is a strong addition to our team,” said Ajay Goyal, President of Prepay Nation. “He has the kind of insight that can guide us in developing partnership opportunities, as he so clearly knows the inner workings and pain points of our target clients. His success speaks to his abilities, and we are excited to work with him on even greater success for Prepay Nation.”

“Prepay Nation has built not only an impressive global network of operators and retailers, but also a platform so flexible that it presents an incredible opportunity for innovation,” added Perrin. “I am looking forward to breaking new ground on use cases for their value transfer platform—use cases that will disrupt and lead the market.”

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.

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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Mobilink and Prepay Nation Launch International Mobile Top-Up Worldwide

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Partnership offers instant prepaid mobile airtime refills at over 175,000 retail locations in North America, Europe and the Middle East.

Berwyn, PA (USA), March 14, 2014 — Prepay Nation, a leading provider of cross-border microvalue and prepaid mobile airtime transfers, has announced its partnership with Mobilink, the premier mobile network operator in Pakistan. The two organizations are teaming up to make prepaid airtime on the Mobilink network available for purchase at over 175,000 retail locations throughout North America, Europe, and the Middle East.

“Mobilink is the undisputed market leader in Pakistan,” said Anurag Jain, CEO of Prepay Nation. “They are an ideal partner for us, and we anticipate significant demand from the global Pakistani expat community whose members are always looking for ways to support their loved ones back home. Now they can send airtime instantly, without fees, from any storefront in the world that is connected to Prepay Nation.”

Wasif Mustafa, Head of Marketing Mobilink said, “Mobilink constantly innovates in its voice and data services offers in order to enhance its customer experience. Prepay Nation’s platform and impressive distribution footprint to facilitate international mobile top-ups is yet another way to empower our customers and provide them with maximum flexibility.”

Utilizing the instantaneous, no-fee airtime transfers that the Prepay Nation platform is famous for, the expatriate friends and family of more than 37 million Mobilink subscribers in Pakistan can now purchase mobile airtime top-ups for their loved ones back home. The popular airtime refills will be available throughout Prepay Nation’s expansive global distribution network of retail locations.

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 Mobilink:
Mobilink is Pakistan’s leading provider of voice and data services. With over 37 million subscribers, Mobilink maintains market leadership with coverage in over 20,000 cities, towns and villages across Pakistan. Mobilink continues to innovate through cutting-edge, state of the art technology, a portfolio of Mobile Financial Services, strongest brands, the largest portfolio of value added services, as well as the country’s largest network with over 9,000 cell sites. The company also has the largest distribution and call center network that enables it to offer wider accessibility and quality customer services across Pakistan.

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

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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

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Tagattitude Announces Partnership with Prepay Nation

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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

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

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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

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Mobile Payments Pioneer Carol Realini Joins Prepay Nation Board to Assist In Expansion

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Realini will position Prepay Nation for next level of growth.

Philadelphia, PA (USA), November 15, 2012 — Prepay Nation, one of the fastest growing providers of international airtime transfers for prepaid mobile operators in emerging nations, has announced that Silicon Valley serial entrepreneur and mobile payments pioneer Carol Realini has joined their board. The addition of Realini to Prepay Nation’s board adds significant value to the firm, as Realini will contribute to the company’s business strategy and help take Prepay Nation to the next level in growth and maturation.

Realini’s background will enable Prepay Nation to best target the diaspora populations and grow the network’s presence on six continents. By bringing her expertise to their board, Prepay Nation will further their success as an international mobile Top Up (IMTU), and offer other innovative services to the same customer base.

“We are thrilled to have Realini, a pioneer in mobile payments, join our board,” said Anurag Jain, CEO of Prepay Nation. “Adding a senior executive like Realini will allow Prepay Nation to build momentum toward faster growth and expansion.”

“I am happy to join Prepay Nation’s board ( http://www.prepaynation.com ) and aid them in expanding and maturing the business,” said Realini. “I got to know Prepay Nation a few years ago when they were just getting started. They have done an incredible job of building momentum and, unlike the typical Silicon Valley company and their competitors, they build this without any outside capital–just a small dedicated team committed to a simple great idea.”

Realini is a successful Silicon Valley executive, expert in financial service innovation, and globally recognized mobile payment pioneer. She has worked with leading financial and mobile network operators to change the way banking is conducted. In 2011, as a Technology Pioneer attending the World Economic Forum, she led discussions on alternative banking at their meeting in Davos. A serial entrepreneur, she has been recognized as one of the 50 Top Women in Technology by Corporate Board Member magazine.

Realini views international mobile Top Up as growing in popularity and the first of a new type of cross boarder transfer. International Mobile Top Up isn’t really replacing money transfers, but it is adding a new dimension to supporting the people back home. It is the best example of a new, no fee, small transfer to loved ones back home–and it touches many people’s lives. Unlike traditional money transfer which is one-to-one, likely once a month, international Top Up is one–to–many for friends and family. It is the first scaled example of “directed spend” and gifting which is an exciting new category of social cross border transfers.

Financial services innovation becomes a reality when service providers address an important pain point and consumers can easily adopt this new way of doing things. Realini saw the role mobile Top Up played around the world to drive the adoption of mobile banking. She is fond of saying, “People underestimate the importance of Top Up.”

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

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