Tag Archives: prepay nation

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

Home

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

Home

Paystar and Prepay Nation Partner to Deliver Worldwide Mobile Phone Top-up to Mobile Remittance Customers

Paystar today announced a partnership agreement with Prepay Nation to provide Paystar’s customers with a comprehensive catalog of mobile airtime products.

Berwyn, PA (USA), Henderson, NV (USA), and Dubai, UAE, September 14th, 2017 — Paystar, Inc. a provider of mobile and payroll transaction processing technologies to financial institutions, today announced a partnership agreement with Prepay Nation to provide Paystar’s customers with a comprehensive catalog of mobile airtime products.

Paystar’s remittance customers can now top-up their beneficiary’s mobile phone instantly using our mobile application. The purchase of air-time minutes is deducted directly from the remitter’s debit account and the purchased minutes applied to their beneficiary’s mobile phone account immediately. Paystar’s API integration with Prepay Nation will provide for seamless, secure and real-time purchases. “Paystar’s agile approach allows us to quickly integrate our payroll, remittance and now mobile top-up solutions into our portfolio of services for our network of financial institutions,” said Christopher Berlandier, CEO of Paystar Inc. “Paystar’s goal is to fill out our mobile platform’s financial ecosphere with products and services our financial institution partners can make full use to be more than competitive when capturing the remittance market. Mobile Recharge Via Prepay Nation’s platform is an additional service that directly benefits immigrant worker remitters and the support of their family back home.”

Prepay Nation has a network of over 200 mobile operators in SE Asia, Africa and the Americas that can be used for cross-border mobile minutes’ top-up for purchases as low as $2US. “We are delighted to enter into this partnership and enable Paystar’s customers to send Mobile Airtime across international boundaries instantaneously” said Frank Quinones, National Sales Manager of Prepay Nation. “With the expanding network of Paystar’s financial institution partners and customer base, we are confident that a large number of diaspora will benefit from the launch of Mobile Recharge services”

About Paystar:
Paystar is a leader in mobile remittance solutions and provides business solutions that enable financial institutions to transform the way remittance services are delivered to their diverse clientele. Paystar’s highly-experienced team along with our proprietary innovative technology is dedicated to giving consumers access to new cost-saving and convenient solutions, giving financial institutions the ability to capture additional customers and revenue sources. Paystar has been developing and operating mobile payment solutions since 2012. Paystar is incorporated in the USA and has offices in Las Vegas, NV with a joint partnership office and strategic relationships with Translink GPME in Dubai and Qatar.

About Prepay Nation:
Prepay Nation is a growth company in the business of distributing international top ups using its proprietary software platform, the prepaid mobile ecosystem and an extensive set of retail, online and mobile channels. With over 220 mobile operator partnerships in over 100 countries and diverse distribution channel spanning over 250,000 locations in the U.S., Canada, Europe and Middle East, Prepay Nation provides a valuable service to expatriates who financially support their loved ones back home. Prepay Nation’s unique business model, scalable multi-currency processing platform, and global interconnectivity with mobile operators and other digital service providers, provides instantaneous and no-fee transactions for consumers and a significant revenue opportunity for distributors.

To read more visit www.prepaynation.com

Press & Media Contact:
Karen Vogl
Prepay Nation, LLC
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 (215) 987-3711
kvogl@prepaynation.com

Home

GTT Partners with Prepay Nation for Enhanced Online Top-up

GTT, Guyana’s only full-service telecommunication’s company has launched simpler access to its online top-up portal for prepaid customers. The new platform is supported by Prepay Nation, a United States Company.

Guyana / Berwyn, PA (USA), March 23rd, 2017 — GTT, Guyana’s only full-service telecommunication’s company has launched simpler access to its online top-up portal for prepaid customers. The new platform is supported by Prepay Nation, a United States Company. Prepay Nation is secure, convenient and real-time.

“We are excited to offer GTT’s customers the ability to top up an account in real-time from within Guyana and from across the borders while roaming,” said Mr. Colin Benjamin, Prepay Nation‘s Director of Business Development. “This portal also enables the Guyanese diaspora around the world to recharge the cell phone of their friends and family back home anytime, anywhere using a credit or debit card.”

GTT continues to roll out value added services as it upholds its commitment to making its services more accessible to customers. Customers can simply visit gtt.co.gy site and click on “Top Up” to experience seamless access to the service.

“As Guyana’s leading telecoms operator, we recognize the value of providing innovative, value-added services to our subscribers and we are delighted with the launch of the GTT branded online portal” said GTT’s, Chief Executive Officer Mr. Justin Nedd. “We look forward to working with Prepay Nation on additional products and services to enhance and expand the online service offering.”

The future enhancements to the service are expected to include several innovative cross borders gifting by enabling a family member overseas to provide more services to their GTT connected friends and family.

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

Home

(or)

Brian Fox, Corporate Communications
Prepay Nation, LLC
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 (416) 648-9133
bfox@prepaynation.com

Home

Prepay Nation Partners with Smart for East African Expansion

Prepay Nation has partnered with Smart, East Africa’s newest, customer-centric mobile operator and solutions provider, to expand its operations to Burundi, Tanzania and Uganda.

Berwyn, PA (USA), October 17th, 2015 — Prepay Nation, a leading provider of cross-border prepaid mobile airtime transfers, has partnered with Smart, East Africa’s newest, customer-centric mobile operator and solutions provider, to expand its operations to Burundi, Tanzania and Uganda. With this partnership, individuals living in the US, Canada and Europe will be able to transfer airtime minutes to Smart customers from a network of over 175,000 retail locations and websites, avoiding expensive service fees.

The partnership will provide thousands of expatriates from Burundi, Tanzania and Uganda with access to instant International Mobile Top-Up (IMTU) service through Prepay Nation’s rapidly-expanding distribution network. IMTU is becoming the preferred method of family support for immigrants around the world, who can take advantage of global mobile network penetration to send support to their family and friends back home, without worrying about the cost.

“Smart is an excellent partner for us,” said Hervé Perrin, VP of Business Development at Prepay Nation. “Smart gives us new products that we can offer to the African Diaspora world-wide.”

“We are very excited about connecting Smart’s customers to Prepay Nation’s international distribution hub,” said Smart Group CEO, Abdellatif Bouziani. “Smart always puts our customers’ needs at the heart of all our products and services, and we know that many have family overseas who want to provide support. Our partnership with Prepay Nation gives them a fast, safe and convenient way to provide airtime.”

About Prepay Nation:
Prepay Nation is a 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 value in the form of international airtime. With over 200 mobile operator partnerships in 94 countries and diverse distribution channel spanning over 175,000 locations in the US, Canada, Europe and Middle East, Prepay Nation provides a valuable service to expatriates who financially support their loved ones back home. Prepay Nation’s unique business model, scalable multi-currency processing platform, and global interconnectivity with mobile operators and other digital service providers, provides instantaneous and no-fee value transfers for consumers and a significant revenue opportunity for distributors.

To read more visit: http://www.prepaynation.com

About Smart:
Smart is East Africa’s new telecoms provider. Smart provides a range of innovative products to suit your lifestyle, and outstanding value-for-money packages to suit your wallet. But it’s not just in our products and packages that you’ll see a difference. It’s in the way we do things. That’s because Smart’s parent company is Industrial Promotion Services (IPS) Kenya, which in turn is part of the Aga Khan Fund for Economic Development (AKFED). AKFED has been funding social enterprises across East Africa for decades – making long-term investments with the aim of building economically sound businesses that create employment and improve lives.

For information on Smart visit: http://www.smarteastafrica.com

Press & Media Contact:
Brian Fox, Corporate Communications
Prepay Nation, LLC
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 (416) 648-9133
bfox@prepaynation.com
http://www.prepaynation.com

Industry Veteran Carlos Rodriguez Joins Prepay Nation to Lead USA Division

Prepay Nation has welcomed chief operations and business development executive Carlos Rodriguez to their team as President of Prepay Nation USA.

Berwyn, PA (USA), September 24, 2015 — Prepay Nation, a leading provider of cross-border micro-value and prepaid mobile airtime transfers, has welcomed chief operations and business development executive Carlos Rodriguez to their team as President of Prepay Nation USA. Rodriguez will be responsible for overall company growth in the US market, helping to expand Prepay Nation’s international airtime transfer and value transfer services nationwide.

With technical expertise and an entrepreneurial spirit, Rodriguez has over 27 years of delivering results through innovation, common sense management and a “Make it Your Own” approach. He has created customer loyalty by delivering excellence and providing leadership. He most recently served as Chief Operating Officer at *Blackstone where Rodriguez oversaw 275 employees throughout the US and Caribbean, that generated over $375 million in annual revenue.

“My goal is for Prepay Nation USA to become the industry leader,” said Rodriguez, “and to take the business to the next level of growth.” Rodriguez, part of the core team that brought international Top-up to the United States, said becoming President of Prepay Nation USA was the perfect match. “On the distribution side, I worked with Prepay Nation as a vendor. I am thrilled to move over to the vendor side, and work closely with Anurag Jain, CEO of Prepay Nation, who I have known for many years through the business.”

“Carlos was part of the core team which built one of the biggest airtime and prepaid distribution organizations in the United States. They were one of the first ones to sell airtime electronically and still hold the patent for that. Carlos is very well respected in the prepaid and telecom space. His experience in the telecom industry, building and managing a large organization and his deep understanding of prepaid distribution were the main factors in hiring him for this position,” commented Jain.

Prepay Nation has grown at an exponential rate over the last few years. “This is the time for us to have the right processes in place and an organizational structure that supports the growth we have had and which we anticipate over the next few years. Carlos will be the right fit to put that in place because of his wealth of experience and knowledge,” concluded Jain.

About Prepay Nation:
Prepay Nation is a 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 value in the form of international airtime. With over 200 mobile operator partnerships in 94 countries and diverse distribution channels spanning over 175,000 locations in the US, Canada, Europe and Middle East, Prepay Nation provides a valuable service to expatriates who financially support their loved ones back home. Prepay Nation’s unique business model, scalable multi-currency processing platform, and global interconnectivity with mobile operators and other digital service providers provides instantaneous and no-fee value transfers for consumers and a significant revenue opportunity for distributors.

To read more, visit http://www.prepaynation.com

*Blackstone is a registered trademark of Blackstone Online

Press & Media Contact:
Brian Fox, Corporate Communications
Prepay Nation, LLC
1055 Westlakes Drive, Suite 300
Berwyn, PA 19312 – USA
+1 (416) 648-9133
bfox@prepaynation.com
http://www.prepaynation.com

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

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
http://www.prepaynation.com

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

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
http://www.prepaynation.com

Brian Fox Joins Prepay Nation to Lead Activities in Canada

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
http://www.prepaynation.com

Cellcom Liberia and Prepay Nation Launch International Mobile Top-Up Worldwide

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
http://www.prepaynation.com