MPAY

Mobetize Corp.

 
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OTCQB
 

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Mobetize Partners With Prepaid Marketing Leader

Nov 03, 2015

OTC Disclosure & News Service

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BLAINE, Wash., Nov. 3, 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 a mobile wallet and financial services to Global Service Solutions Inc. under their new brand Gotwallet™. Global Service Solutions has experienced great success with its Got Prepaid™ brand and Gotwallet™ is a natural successor for the company.

Got Prepaid™ provides distribution, through a nation-wide channel of large distributor and retailers, to over one million end-users in the U.S. covering over 50 different prepaid cellular products in a combination of hard card, real time replenishments and e-pin formats. In the prepaid industry, the Got Prepaid brand is highly regarded for its ability to provide quality customer service and technical support. Got Prepaid™ provides recharge for wireless AT&T, Verizon, T Mobile, H20, Red Pocket and many others.

"Everyone is talking about mobile wallets and financial services but we've yet to see one that has successfully bridged the gap between the prepaid end user and mobile payments," said David Sparks, President and CEO of Global Service Solutions. "The next step in the evolution of prepaid is mobile recharge and mobile payments and services. Global Service Solutions with its previous award winning success, extensive distribution and proprietary technology will be launching its mobile wallet, Got a Wallet™, in January 2016." 

"We are excited about the opportunities presented by this new partnership with Global Service Solutions' market leading brand," stated Vince Tozzi, Chief Revenue Officer of Mobetize. "Our primary focus as a company is to provide a global, telco-driven platform offering a customized suite of monetizable services. By deploying these services, we can offer scalability driven by our ability to offer both prepaid and postpaid capabilities. Partnerships with innovative partners, such as Global Service Solutions, will enable us to differentiate our product even further."

About Global Service Solutions

Got Prepaid™ is a Trademark brand of Global Service Solutions, a leader in the distribution of prepaid products on demand in the US. Global Service Solutions is one of the leading prepaid cellular distributors and wholesale providers in the US. Their proprietary real time pin platform "I.P.O.D", (Instant Pins on Demand), delivers a comprehensive and ever-growing array of e-pins, RTR (Real Time Processing) and other services to wholesalers, distributors and larger retailers nationwide. Some of Global Service Solutions future initiatives include: mobile wallet, prepaid debit cards, enhanced international top-up, electronic instant issue and online redemption gift cards and bill pay.

About Mobetize Corp.

Mobetize Corp. (OTCQB:MPAY) is a technology leader in mobile commerce payment solutions with signed customers in telecoms and financial services that have over 5 million addressable customers. 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 remittances and transfers, P2P transfers and Visa/MasterCard 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
         
         David Sparks - President
         Global Services Solutions
         (770)457-3048
         david@gotprepaid.com

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