Glo to offer international mobile top-up through Prepay Nation's North American and European retail channels.

Philadelphia, PA -- (SBWIRE) -- 04/03/2012 -- Prepay Nation ( http://www.prepaynation.com ), one of the fastest growing providers of international airtime transfers for prepaid mobile operators in emerging nations, has announced an alliance with Nigeria's national telecom operator, Globacom. Through the partnership, individuals living in the US, Canada, and Europe will be able to transfer small currency values to Glo customers in the form of airtime minutes, from a diverse array of convenient retail locations.

The partnership will provide the significant and growing Nigerian expatriate community in North America and Europe-estimated at over 5 million individuals-as well as those with loved ones living and working abroad in Nigeria, with access to instant International Mobile Top Up (IMTU) service through Prepay Nation's retail distribution network. The service provides a vital avenue through which customers can support their Nigeria-based friends, colleagues, and loved ones, instantaneously replenishing their mobile airtime minutes from a nearby partner retailer.

"We are excited to partner with Glo," said Sarah Feidt, Head of Marketing at Prepay Nation. ( http://www.prepaynation.com ) "They are pioneers in their market, and our international mobile top-up services are a perfect fit with that. We're also pleased to serve the Nigerian Diaspora, which remits an estimated $20 billion annually; being able to send small amounts to their loved ones instantly in the form of airtime minutes will no doubt be extremely valuable to this supportive demographic."

Also speaking about the development, Head of Glo Gateway, Adeniyi Olukoya said that the partnership will further help to improve the connection between Nigerians in the Diaspora and their loved ones at home who they can send Glo international airtime top-ups by visiting any of the thousands of Prepay Nation ( http://www.prepaynation.com ) partner outlets across Europe and in North America.

"This partnership is significant as it offers greater opportunity to millions of Nigerians in the Diaspora to support their family, friends, colleagues and loved ones by easily and instantaneously replenishing their mobile airtime minutes on the Glo network through Prepay Nation and their partner retailers", he stated.

About Globacom
Owned by the Mike Adenuga Group and launched in Nigeria in 2003, Globacom has consistently grown to support over 22 million subscribers on its network in Nigeria and Benin Republic with many more set to come on board in Ghana where it is set to launch soon. Glo has also made history as the first company to single-handedly build an $800 million high-capacity fiber-optic submarine cable, known as Glo-1. It is the first successful submarine cable from the United Kingdom to Nigeria with connections to 12 other African countries and a dedicated extension to the United States. Already, the cable is offering immense bandwidth capabilities to homes and businesses in Nigeria and beyond, radically changing the way that people work and play across the continent.

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, visit http://www.prepaynation.com

Press & Media Contact:
Fady Sahhar / Sarah Feidt
XtraGlobex, Inc
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103
267-238-3820
fady.sahhar@xtraglobex.com / sarah.feidt@xtraglobex.com
http://www.xtraglobex.com
http://www.prepaynation.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Etisalat to offer international mobile top-up through Prepay Nation's North American and European retail channels

Philadelphia, PA -- (SBWIRE) -- 01/06/2012 -- Prepay Nation ( http://www.prepaynation.com ), one of the fastest growing providers of international airtime transfers for prepaid mobile operators in emerging nations, has announced an alliance with the largest mobile service provider in the Middle East, Etisalat. Through the partnership, individuals living in the US, Canada, and Europe will be able to transfer small currency values to Etisalat Afghanistan customers in the form of airtime minutes, from a diverse array of convenient retail locations.

The partnership will provide the North America- and Europe-based friends, coworkers, and relatives of Etisalat Afghanistan subscribers with access to instant International Mobile Top Up (IMTU) service through Prepay Nation's retail distribution network. The service provides a vital avenue through which customers can support their colleagues and loved ones in Afghanistan, instantaneously replenishing their mobile airtime minutes from a nearby partner retailer.

"Etisalat Afghanistan is a pioneer in the market, and we are thrilled to be partnering with them," said Sarah Feidt, Head of Marketing at Prepay Nation. ( http://www.prepaynation.com ) "Our services bring great value to mobile customers and to their colleagues and loved ones abroad, and Etisalat's mandate to connect and invigorate Afghanistan's mobile ecosystem fits perfectly with the unique international connectivity we offer."

"In regions where international currency transfer can be costly, cumbersome, and often impossible, nothing makes more sense than to send instant support in the form of mobile minutes that everyone needs and uses," Feidt added. "We're excited to bring that option to individuals connected to Etisalat Afghanistan subscribers."

One of the largest telecommunications companies in the world, United Arab Emirates-based Etisalat is the leading operator in the Middle East and Africa, servicing over 100 million customers in 18 countries. The company began operations in Afghanistan in August 2007, and is the fastest growing mobile phone company in the nation. Etisalat provides voice and data services in 31 Afghani provinces and 196 districts, with more than 12,000 retail outlets, and has recently signed a deal with the Afghanistan Telecommunications Regulatory Authority to invest in mobile infrastructure development and provide services in 17 rural Districts.

Etisalat has embraced its mission to play an active role in the growth and prosperity of Afghanistan, from both a mobile and a social perspective. They have established a number of community engagement activities, including sponsoring both national and grassroots sports programs, and supporting a variety of health and educational initiatives. Their division staff comprises 90% local Afghans, and they have recently launched their Employee Succession Plan with the intention to train and develop over 400 Afghan nationals into senior management positions.

"This partnership is one more way that we are investing in the rebuilding and development of Afghanistan," said Ebrahim Ali Al Hashmi, Marketing Director of Etisalat Afghanistan. "Creating opportunities for Afghans is our grounding principle here, as part of the UAE promise of long-term partnership to transform this magnificent country into a modern, peaceful, and prosperous Afghanistan. Linking up with Prepay Nation ( http://www.prepaynation.com ) will allow us to connect with individuals abroad who are eager to support their loved ones here, and in doing so, support the vital growth of the nation's infrastructure and economy."

Afghanistan, with over 16.8 million mobile phone subscribers, has 63% mobile connectivity penetration and 80% population coverage. Etisalat Afghanistan's subscriber base represents over 24% of the market. To learn more about the company, visit http://www.etisalat.af.

About Etisalat
Etisalat is a comprehensive telecommunications provider offering a one-stop shop for mobile and fixed-line voice and data services to individuals, enterprises and international telecommunications companies, ISPs?, ? content providers and mobile operators. It offers a variety of hi-tech complimentary services to the telecommunications industry including managerial and technical training, SIM card manufacturing, payment solutions, clearing house services, peering, voice and data transit, and submarine and land cable services. Etisalat is also the major hub in the Middle East, for internet, voice, mobile broadband, broadcast, roaming and corporate data services, with an extensive regional and intercontinental network. It is the largest carrier of international voice traffic in the Middle East and Africa and the 12th largest voice carrier in the world. Etisalat has 525 roaming agreements connecting 185 countries enabling BlackBerry, 3G and voice roaming.

In 2009 the Etisalat group received seventeen industry awards and including three for innovation and three for customer service. It has been named 'Best Overall Operator' in the Middle East six times since 2006 and was named Best International Carrier at the World Communications Awards in 2008. For more information, visit http://www.etisalat.ae

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, visit http://www.prepaynation.com

Press & Media Contact:
Sarah Feidt
XtraGlobex, Inc.
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103
267-238-3820
sarah.feidt@xtraglobex.com
http://www.xtraglobex.com
http://www.prepaynation.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Globe brings International Mobile Top-Up service to Filipinos abroad through Prepay Nation’s multinational distribution network locations.

Philadelphia, PA -- (SBWIRE) -- 04/07/2011 -- Prepay Nation, ( http://www.prepaynation.com ) one of the fastest growing providers of direct account refills for international prepaid mobile operators, has announced a breakthrough partnership with Globe, a leading telecommunications services provider in the Philippines. The partnership enables overseas Filipinos access to instant International Mobile Top-Up (IMTU) service through Prepay Nation's retail distribution network throughout North America and the Middle East, allowing them to purchase airtime for prepaid mobile phones of family and friends back home instantly and securely.

"We are pleased to provide our customers particularly Filipinos abroad with another convenient service from Globe. With this partnership, Globe will be able to meet the demands of Filipinos in North America and the Middle East for reliable communications services that keep them connected with their families and friends," said Ernest L. Cu, President and CEO of Globe.

The Prepay Nation network reaches over 50% of overseas Filipinos in the US and the Middle East Gulf region through a well-establish network of over 150,000 retail outlets. This unique network facilitates the access and convenience Globe customers need.

Prepay Nation's growing interconnectivity network ( http://www.prepaynation.com ) connects mobile operators in over 45 countries globally. "We are very excited about this collaboration as it continues the expansion of the Prepay Nation network and adds diversity to our distribution channels," said Jessica Bishop, VP of Prepay Nation. "This value added service extends the availability of instant International Mobile Top-Up to Filipinos living in North America and the Middle East, enabling them to stay connected with their loved ones back home."

About Globe
Globe is a leading full-service telecommunications company in the Philippines, serving the needs of consumers and businesses across an entire suite of products and services which include mobile, fixed, broadband, data connections, internet, and managed services.

Its principals are Ayala Corporation and Singapore Telecom; both acknowledged industry leaders in the country and across the region.

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.

Press & Media Contact:
Fady Sahhar or Sarah Feidt
XtraGlobex, Inc
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103 USA
267-238-3820
fady.sahhar@xtraglobex.com / sarah.feidt@xtraglobex.com
http://www.xtraglobex.com
http://www.prepaynation.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Agreement to allow Indyz customers to refill prepaid mobile minutes conveniently on iPhone.

Princeton, NJ-- (SBWIRE) -- 02/25/2011 -- Indyz Inc, a US-based mobile solutions firm specializing in Mobile and M2M Commerce, has announced the launch of their newly-developed iPhone application for international mobile top-up, Utilizing the established airtime processing platform of Prepay Nation, one of the leading providers of instant account refills for international mobile operators, the new application, Minutes TopUp, will enable members of expatriate diasporas around the world to purchase and instantly send prepaid mobile minutes to their friends and families back home, using the simple and intuitive Minutes TopUp interface. Currently available on the iPhone, the application will be available on other platforms such as Android, Blackberry, and Facebook, as well as via SMS (Text messaging) and various instant messenger services.

The partnership allows end users multiple avenues for sending airtime minutes to those of their loved ones who utilize the prepaid mobile services of any operator within Prepay Nation's extensive network. "Our entry into the Prepaid Top-Up space with the launch of this iPhone application will not only expand our offerings to our customers and continue the growth of Indyz Mobile Services, but also brings a quick and simple solution for instant mobile airtime refills to the hands of immigrants and travelers around the world." - said Anandhy Kannan, Co-Founder and VP of Products, Indyz Inc. "We chose Prepay Nation for their secure, extensible service platform and for their proven credentials in running platforms for airtime topups and refills on a global scale"

Indyz specializes in Mobile Financial and Productivity solutions and commands an exceptionally large user base with their other smart phone applications, such as SpotExpense, CallTopix, and ping2locate. Integrating Minutes TopUp with Prepay Nation connects Indyz to a broad network of providers, whose extensive global coverage provides a valuable opportunity to create a new revenue stream for the company. "Our seamless integration with the Prepay Nation processing platform, using their standards based APIs, enables us to monetize our existing and potential customer base for transfer of small values from one person to another in a way we would not be able to otherwise," said Anandhy Kannan.

"We are proud to align with Indyz," said Jessica Bishop, Vice President of Business Development for Prepay Nation. "This collaboration continues the expansion of the Prepay Nation network and adds variety to our distribution channels." Indyz's Minutes TopUp service is available as an iPhone application in the US iTunes Store, and will be available for Facebook, Android, SMS and online on http://www.minutesTopup.com by the end of Q1 2011.

About Indyz Inc
Indyz Inc is a US based mobile solutions firm specializing in Mobile and M2M solutions for Enterprises and Consumers. Key Mobile offerings are focused on Mobile Financial and Productivity solutions such as MinutesTopUp, SpotExpense, CallTopix. Indyz cloud services empower the users with 'anytime, anywhere, any device' mobile services that can be accessed from iPhone, Android, Facebook, SMS and Instant Messenger. Indyz M2M solutions are availabe for enterprises in Asset Management and Power Monitoring and Optimization. Key Offerings include ping2Locate, ping2Monitor and ping2Control. For further details, visit http://facebook.com/indyz.apps

About Prepay Nation
Prepay Nation is a fast growth company in the business of enabling micro-payments from one person to another across international borders. Prepay Nation utilizes the prepaid mobile eco-system 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, 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 inter-connectivity 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.

Press & Media Contact:
Fady Sahhar or Sarah Feidt
XtraGlobex, Inc
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103 USA
267-238-3820
fady.sahhar@xtraglobex.com / sarah.feidt@xtraglobex.com
http://www.xtraglobex.com
http://www.prepaynation.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Agreement to offer LIME’s Caribbean mobile customers International Top Up service through Prepay Nation’s processing platform and retail distribution network.

Philadelphia, PA -- (SBWIRE) -- 01/25/2011 -- Prepay Nation, one of the fastest growing providers of instant account refills for international prepaid mobile operators, has announced an agreement with the Caribbean's leading full-service telecommunications company LIME ( formerly Cable & Wireless) to offer International Top Up Services for its customers. The services will be utilized by Caribbean Diaspora communities throughout the USA, Canada, and Europe whose friends and family are among LIME's mobile customers in the Caribbean today. The partnership will enable those Caribbean expatriates to recharge the mobile phone airtime of relatives back home directly and securely through Prepay Nation's established distribution network.

Under this agreement, Prepay Nation will sell airtime for LIME in various forms including Real Time Top Up, pre-activated e-pins, and scratch cards to suit different retail scenarios at over 150,000 plus unduplicated sales locations in North America and Europe.

Prepay Nation will also assist its' distribution channel in generating the sales revenues by marketing the services at Point of Presence and participating in events within Caribbean Diaspora communities. "This is a service that brings significant added value to our customers and we are fully committed to doing all it takes to making the service as accessible as possible across Prepay Nation's retail network," said Colin Benjamin, Head of Diaspora & Visitor Sales for LIME. The collaboration will allow customers to recharge phones in all 13 of the markets in which LIME operates its mobile services, including Anguilla, Antigua & Barbuda, Barbados, British Virgin Islands, Cayman Islands, Dominica, Grenada, Jamaica, Montserrat, St Kitts & Nevis, St Lucia, St Vincent and the Grenadines and Turks & Caicos.

"We are proud to partner with LIME," said Jessica Bishop, Vice President of Business Development at Prepay Nation. "They are the largest provider of telecommunication services in the Caribbean, which means dramatically increased value for our distribution partners as they meet the needs of more and more customers within this community."

LIME and Prepay Nation ( http://www.prepaynation.com ) will kick off their new partnership by conducting joint promotions to market the services, anticipating significant demand for international mobile top-up from Caribbean expatriates and their loved ones alike, both of whom will benefit from the newly widespread availability of this service via Prepay Nation.

About LIME
LIME is the Caribbean's leading telecommunications company, focused on building products and services that make Caribbean people's lives better. LIME's aim is to deliver the best communication services across the board. LIME is part of Cable & Wireless, one of the world's leading international communications companies.

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.

Press & Media Contact:
Fady Sahhar or Sarah Feidt
XtraGlobex
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103 USA
267-238-3820
fady.sahhar@xtraglobex.com / sarah.feidt@xtraglobex.com
http://www.xtraglobex.com
http://www.prepaynation.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Alliance will provide International Top Up service & Mobile Money access to Gambians at Prepay Nation’s partner retail locations around the world to be fueled by creative dealer and consumer promotions.

Philadelphia, PA -- (SBWIRE) -- 12/24/2010 -- Prepay Nation, one of the fastest growing providers of instant account refills for international prepaid mobile operators, has announced an exclusive alliance agreement with Gambia's only 3G cellular service provider, QCell, to allow International Top Up service and the use of Mobile Money on the Prepay Nation's platform. The agreement will expand international airtime purchase offerings to Gambians at Prepay Nation's over 150,000 plus partner retail locations worldwide, and later to use the same distribution channel and the customer base to fund the QCell m-wallet accounts remotely.

The Chief Executive Officer of QCell Gambia, Muhammed Jah, heralded the partnership with Prepay Nation as a significant step forward in their service offerings. "This partnership with Prepay Nation will expand our distribution channels globally and allow for exponential growth of our network," said Jah. Gambia is home to about 1.5 million people."Our goal is to bring the Gambia the best and the highest quality in telecommunications technology to increase the quality of life for our people," said Jah, "and this partnership will continue to grow. This collaboration with Prepay Nation also provides our expatriates the ability to transfer value to their friends and family without any cost or fees."

QCell began operations in Gambia in 2009 and is already leading the way forward with unique service, being the only 3G network in Gambia, offering fast Internet access, multimedia sharing and chat services to its subscribers. The new International Top Up and Mobile Money services will allow the Gambians worldwide an economical, risk-free way to instantly buy airtime and transfer small remittances of funds for their loved ones back home on the QCell network. As part of this collaboration, QCell has started to promote these new services, to their subscriber base in The Gambia through radio, in place marketing and one on one promotions to encourage the use of Top Up services available internationally through Prepay Nation's ( http://www.prepaynation.com ) distribution channel partners.

"We are excited to support QCell in providing electronic prepaid airtime refills and mobile money services to the Gambian population around the globe," said Jessica Bishop, Vice President of Business Development for Prepay Nation. ( http://www.prepaynation.com )

"This alliance marks a major milestone, both for QCell and their subscribers, and for our company's sustained long term growth and product expansion."

About QCell
QCell is The Gambia's only 3G GSM service Provider and thus offers services that until now were not available in this country.

QCell's network is nationwide with 3G service available in the Greater Banjul Area, Farafenni and Basse. QCell's customers enjoy the clearest possible voice calls, video calls and 3G/Edge Internet access on their mobiles. In addition, QCell also offers a variety of products including QCell mobiles, USB Data Cards and USB Wireless Routers and QCELL branded mobile phones at very reasonable prices.

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.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Wireless industry executive to lead magicpins growth.

Philadelphia, PA -- (SBWIRE) -- 12/24/2010 -- Magicpins.com, a leader in business-to-business e-commerce systems for distribution of prepaid wireless refill and phone products has announced the addition of a key new member of its team. Louis (Lou) Ferraro joins the company as Chief Executive Officer, bringing with him over 25 years experience in the wireless industry. He has been a leader with the large national providers including AT&T Wireless, McCaw Cellular Communications, IDT and Verizon Wireless, and has served in finance, operations, sales and distribution.

Mr. Ferraro has very strong relationships within the industry and the distributor network which will prove to be most valuable as http://www.magicpins.com">Magicpins continues to grow and expand its service footprint. "I am excited to be joining the talented team of people at Magicpins." said Mr. Ferraro. He added, "Having worked in the industry during periods of explosive growth, I am confident that I can help continue to grow the Magicpins business, which has its own excellent track record of success". As an early pioneer in the wireless industry, Lou served on the CTIA Cibernet Corporation Board of Directors and co-chaired the initial industry Net Settlement process. Lou began his career in the accounting firm of Deloitte, Haskins, and Sells; he is a Certified Public Accountant and holds a Bachelor of Science degree from Montclair State University.

Magicpins ( http://www.magicpins.com ) has been experiencing rapid growth since 2006, because of the growing reliance of prepaid wireless in the US market. "While our footprint has grown substantially, our competitive advantage comes from a user friendly proprietary platform where merchants and retailers can access, transfer and preload minutes seamlessly," said Anurag Jain, President of Magicpins.

"The complementary experience and relationships I plan to bring to the organization will help us to reach additional partnerships with providers and customers, further establishing Magicpins as a key player in this arena," said Ferraro. "The Magicpins business just got another good reason why it will continue to be a leader in this industry" affirmed Jain.

About Magicpins.com, LLC
Long Island, New York - based Magicpins ( http://www.magicpins.com ) is a fast growth company in the prepaid wireless industry.

Magicpins' total revenue growth from 2008 to 2009 was over 200 percent, and the strong growth trend has continued in 2010.

Magicpins offers a variety of prepaid wireless products and services for retailers in the most efficient manner from the carriers and providers. Magicpins' solid relationships with the carriers, expertise in prepaid wireless distribution and Information Technology distinguish the company from its competitors—Magicpins offers the best quality packages to retailers. In business for almost six years, the firm's IT enabled processes keep the logistics cost low, thereby providing the highest margins to retailers. http://www.magicpins.com

Press & Media Contact:
Fady Sahhar
XtraGlobex, Inc
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103 USA
267-238-3820
fady.sahhar@XtraGlobex.com
http://www.xtraglobex.com
http://www.magicpins.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Award recognizes Prepay Nation’s impressive established network of key relationships and revolutionary approach to international micropayments.

Philadelphia, PA -- (SBWIRE) -- 11/18/2010 -- Prepay Nation, one of the foremost providers of instant account refills for foreign prepaid mobile operators, ( http://www.prepaynation.com ) was recognized at the 2010 Women 2.0 Pitch Night event for its innovative business model. The fast-growth company presented its platform and operations to an audience of entrepreneurs, investors, and industry-leaders, showcasing the groundbreaking potential usage of their platform to send small currency denominations, or micropayments, across international boundaries without bank accounts or fees. The award recognizes Prepay Nation's role as market innovator and premier provider in the up-and-coming cross-border micropayment service industry.

The annual Women 2.0 Pitch Night competition drew 130 qualified applicants this year, with contenders from New Zealand, Turkey, Korea, Germany, Canada, Russia, Israel, Brazil, the U.K. and the U.S. Each participant business model was evaluated by investors, with a select few finalists invited for the live pitch night at the Women 2.0 conference in San Francisco.

The conference is attended by industry-leaders, entrepreneurs, angel investors, and venture capitalists, and focuses on the growth and impact of women-owned businesses in the Mobile, Web, and Clean-tech industries. Pitch Night presentations from the Mobile track in which Prepay Nation was a finalist were judged by executives from ATT, Mayfield Fund and General Catalyst.

Prepay Nation ( http://www.prepaynation.com ) generated significant buzz throughout the conference, not only because their nearly zero-overhead platform allows seamless interface between mobile carriers and the retailers who sell refills to their subscribers, but also because that platform has the potential to break new ground as an international micropayment remittance system.

Currently, Prepay Nation's platform ( http://www.prepaynation.com ) is utilized by leading mobile operators in Latin America, Africa, the Middle East, and Asia to provide consumers in the United States with the ability to send instantaneous refills of mobile airtime to the phones of prepaid subscribers on their international networks. Expatriates traveling, living, and working within the United States can take advantage of this system to provide much-needed support to friends and family back home, in the form of mobile airtime. However, by tapping into "mobile money" ecosystems in the developing world, the Prepay Nation platform and network of operators and distributors can be used by expatriates without a bank account to send small amounts of actual currency to their friends and family back home, instantly and without fees.

By bypassing the hassles and cost of traditional money remittance systems such as Western Union, Prepay Nation ( http://www.prepaynation.com )addresses a critical pain-point in the immigrant community. Not only can expats now support their friends and family by remotely and instantly refilling their mobile phones with minutes, but using the connectivity established by Prepay Nation, they will soon be able to send spendable currency for use in the many developing regions where the mobile money system is established and accepted.

"This is very promising," said Gautam Gupta of General Catalyst Partners. "Prepay Nation leverages several current trends in the mobile ecosystem with this remittance service, and they are moving fast."

The potential for such a simple, instantaneous, zero-fee remittance service ranges from the support of friends and family in other countries, to gifts and critical connectivity and disaster relief. "During the recent earthquake in Haiti," says Jessica Bishop, co-founder of Prepay Nation, "significant numbers of Haitians in the U.S. sent mobile refills to their friends and family back home, keeping them connected throughout the aftermath. Because of our relationships with these international operators, the disruption of the retail infrastructure in the recipient's country did not affect replenishments. Haitians in the US simply took cash to one of our partner retailers here, and their loved ones in Haiti had minutes available on their phones instantly."

Shaherose Charania, founder and chief executive of Women 2.0, praised Prepay Nation for moving to leverage their technology in novel and savvy ways. "Rather than reinventing the wheel, they're using a top up approach that helps people transfer value to each other, or deliver micro-payments without the expenses and complexities of a wire transfer or money order," she said.

Bishop said that the response and interest from the investment community present at the event was overwhelming and was a further validation of Prepay Nation's innovative approach to international micropayments.

She also stressed that beyond their model and technology, their extensive reach added significant value. "We currently operate a fully-functional processing platform, interconnected with several key mobile operators in Mexico, Latin America, Asia and Africa," said Bishop. "Our distribution cuts across a wide variety of channels - retail merchant outlets, online portals, mobile apps for smart phones, mobile money companies, even processors of gift cards."

With mobile operator connectivity on four continents and distribution channels already connected to the Prepay Nation platform and more joining on every day, the fast growth of this company promises to be even faster.

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.

Press & Media Contact:
Fady Sahhar / Sarah Feidt
XtraGlobex, Inc.
1800 John F. Kennedy Blvd. Suite 300
Philadelphia, PA 19103
267-238-3820
fady.sahhar@xtraglobex.com / sarah.feidt@xtraglobex.com
http://www.xtraglobex.com
http://www.prepaynation.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm