Thursday, October 10, 2013

Calpian, Inc. (CLPI) Continues to Thrive at the Heart of E-Commerce and Dominate the Mobile Payments Market in India

At the heart of e-commerce, Calpian provides high-quality, cost-competitive electronic payment services to retail merchants and consumers. The company is combining emerging market mobile payments services and electronic point-of-sale payment solutions to create a multifaceted payments company under one corporate umbrella.

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 is helmed by a management team with more than 70 combined years of payments business experience.

Calpian Commerce, the company’s wholly owned subsidiary, provides the merchant community with an integrated suite of payment processing services and related software-enabling products. Calpian Commerce provides U.S. merchants (both those with brick-and-mortar business environments and those operating via the Internet, as well as those in settings requiring wired and wireless/portable payment solutions) with credit and debit card processing, ACH, mobile acceptance and gateway payment solutions. Calpian Commerce’s products and services are provided through three delivery chains: a direct sales force, ISOs, and Agent Banks.

Calpian founded and publishes Transaction World Magazine, a leading industry trade journal, and CEO Harold Montgomery is a noted industry leader. Montgomery speaks regularly at payments conferences and serves periodically as an expert resource on payments-related issues for both the Federal Reserve Bank and the U.S. Congress.

Since 2012, Money-on-Mobile, Calpian’s Indian subsidiary and a prepaid mobile solution, has been access by more than 49 million unique telephone number customers at over 134,200 Indian retail locations. Earlier this month, CEO Montgomery and Money-on-Mobile CEO Shashank M. Joshi announced that Money-on-Mobile completed formal direct bill payment integration arrangements with five utility providers in India covering a total customer base of more than 25 million nationwide consumers. The new integrations are enabling customers to pay monthly utility bills via their cell phones through the Money-on-Mobile network. Money-on-Mobile is now the largest mobile payments company in India.

For more information about Calpian, visit www.calpian.com

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