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Paytoo and Prepay Nation Announce Strategic Partnership

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Paytoo and Prepay Nation Announce Strategic Partnership

Agreement to offer Paytoo's Worldwide mobile customers International Top-Up service
through Prepay Nation processing directly from the Paytoo Mobile wallet account

Orlando (PRWEB) March 29, 2011

At the CTIA show in Orlando, FL, Paymotech has entered into a strategic partnership with Prepay Nation, one of the fastest growing providers of instant account refills for international prepaid mobile operators, to offer International Top-Up Services for its customers directly from their Paytoo Mobile Wallet account.

These solutions are offered worldwide in both emerging and developed markets. Paytoo offers services that include money transfer, mobile wallet, mobile payment solutions, low cost mobile phone solutions and VoIP all integrated into a single product offering.

The partnership will enable all expatriates to recharge the mobile phone airtime of relatives back home directly and securely through their Paytoo Mobile Wallet account.

Under this agreement, Paytoo will increase its coverage and sell airtime from around 168 telecom operators in 65 countries with Real Time Top-Up. Prepay Nation will also assist its distribution channel in generating sales revenues by marketing the services at Point of Presence.

“This is a service that brings significant added value to our customers and we are fully committed to doing all it takes to promote it, making the service as accessible as possible across our worldwide sales network,” said Michel Poignant, President and CEO of Paymotech Group, parent company of Paytoo.

“We are proud to partner with Paytoo,” said Jessica Bishop, Vice President of Business Development at Prepay Nation. “They are the first provider of telecommunication services that has launched a mobile wallet solution with all the features a customer may want, which means dramatically increased value for our distributors as we bring more and more desirable services to customers worldwide."

Paytoo and Prepay Nation will kick off their new partnership by conducting joint promotions to market the services, anticipating significant demand for international mobile top-up from worldwide expatriates and their loved ones, both of whom will benefit from the newly widespread availability of this service via Paytoo.

About Paymotech

Created in 1999, the Paymotech Group through its Swiss Holding Parent Company, is currently listed on the Frankfurt Stock Market – Deutsche Börse Group (4PA.DF). Since 2004, the Group offers Mobile Phone solutions, VoIP, SIM cards free of roaming charges and secured e-commerce payment transactions solutions. The Paymotech Group is introducing its global platform. Paytoo is the first GSM Mobile Wallet solution to combine telecommunications and mobile payments, all drawing from a single account. For more information please visit http://www.paytoo.com

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 please visit http://www.prepaynation.com.

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/03/prweb5203564.htm

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