MPAY

Mobetize Corp.

 
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OTCQB
 

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Mobetize Announces New Mobile Wallet Partner -- Pure Minutes

Oct 07, 2015

OTC Disclosure & News Service

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BLAINE, Wash., Oct. 7, 2015 (GLOBE NEWSWIRE) -- Mobetize Corp. (OTCQB:MPAY), a technology leader in mobile commerce payments solutions, today announced that it has formed a strategic partnership to deliver mobile wallet and financial services to customers of Pure Minutes. Pure Minutes is a leading provider of prepaid international calling services and mobile phone payment services for domestic and international mobile carriers with an addressable customer base of over 1.1 million in the USA.

Through this partnership, Mobetize will be able to offer Pure Minutes' customers a range of mobile financial services, accessible over a mobile phone, tablet or desktop, through a branded White Label solution. The mobile solution can include account management and payment, bill payments, prepaid debit card, global prepaid airtime top-up and other financial services.

"Pure Minutes is very excited that we've partnered with Mobetize in order to offer our subscribers a mobile wallet solution," said Gary T. Lane, Vice President for Pure Minutes. "Soon, Pure Minutes' customers will be able to pay their bills, replenish airtime on mobile phones worldwide and have access to other financial services directly through the mobile wallet. With Mobetize's next generation technology, it will make it easy and convenient for our customers to manage their financial needs."

"We are looking forward to partnering with a market leader like Pure Minutes and are committed to enhancing the customer experience for Pure Minutes' customers," said Ajay Hans, CEO of Mobetize. "We will continue to work on developing innovative products, such as customer-branded mobile wallets and adding other financial services that ultimately enable our telecom partners to expand their revenue opportunities and deliver quality services that resonate with their subscriber base."

About Pure Minutes

Headquartered in New York City, NY, Pure Minutes is a leading provider of international prepaid calling and Top Up mobile phone payments. Using revolutionary technology that works with any landline or mobile phone service provider, Pure Minutes eliminates the need for calling cards and inconvenient PINs. With signature low rates and high-quality connection worldwide, Pure Minutes is developing as a global brand with a diverse and rapidly growing subscribership.

About Mobetize Corp.

Mobetize Corp. (OTCQB:MPAY) is a technology leader in mobile commerce payment solutions. Mobetize's brandable platform enables telecom operators, employers and other financial providers to simplify the delivery of mobile financial services. Mobetize ensures end-to-end integration for services such as retail/online payments, prepaid air-time top ups for gifts, international money transfers and remittances, P2P transfers and Visa/MasterCard prepaid programs on mobile devices. Mobetize seamlessly integrates and white labels customers' secure mobile money platform with their delivery partners to help increase their revenues, decrease customer service costs and increase loyalty to existing offerings. For more information, please visit the Company website at http://www.mobetize.com

CONTACT: Stephen Fowler - CFO
         Mobetize Corp.
         (206) 347-4515
         sfowler@mobetize.com
         
         Gus Okwu
         Allison+Partners
         (646) 428 0638
         gus@allisonpr.com

Copyright © 2015 GlobeNewswire. All Rights Reserved


The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.