Calpian's Money-on-Mobile Grows to Serve over 57 Million Unique Users
Calpian's Money-on-Mobile Grows to Serve over 57 Million Unique Users
DALLAS--(BUSINESS WIRE)-- Calpian, Inc. (OTC:CLPI) announced today that, as of June 30, 2013, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by 143,057 retail locations, increased from 138,711 on May 31, 2013. Additionally, Money-on-Mobile was accessed by approximately 57.8 million unique phone number customers as of June 30, 2013, up from the 53 million reported from the previous month.
According to Calpian CEO, Harold Montgomery, "With the recent launch of an Android solution, Money-on-Mobile is poised to extend its growth into entirely new Indian consumer markets. We could not be more pleased with its performance."
About Calpian, Inc.
Calpian, Inc. (CLPI) is a publicly traded company with corporate offices in Dallas, Texas, operating centers in Georgia, New York and Illinois and mobile payments emerging-market operations through its subsidiary in India.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 143,057 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments business. Calpian's CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.
Calpian, Inc.
Media Contact:
Cynthia Bailey, CMO, 404-886-8885
cbailey@calpian.com
or
Company Contact:
Harold Montgomery, CEO, 214-758-8603
haroldmontgomery@calpian.com
or
Investor Relations Contact:
John Liviakis, 415-389-4670
john@Liviakis.com
KEYWORDS: United States Asia Pacific North America Texas India
INDUSTRY KEYWORDS:
The article Calpian's Money-on-Mobile Grows to Serve over 57 Million Unique Users originally appeared on Fool.com.
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