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Calpian's Emerging Market Mobile Payments Solution Experiences Largest Growth Month to Date

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By Business Wirevia The Motley Fool

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Calpian’s Emerging Market Mobile Payments Solution Experiences Largest Growth Month to Date

Money-on-Mobile grows to approximately $15 Million in Processed Transaction Volume during the month of March 2013

DALLAS–(BUSINESS WIRE)– Calpian, Inc. (OTC:CLPI) announces that, as of March 31, 2013, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by over 130,250 retail locations, increased from 126,200 on February 28, 2013, and accessed by approximately 44 million unique phone number customers, up from the 39.5 million reported from the previous month. The March 2013 processed transaction volume, measured in Indian rupees, was 810 million INR – an approximate 149 million increase over February 2013 processed volume. At current exchange rates, March processed transaction volume was approximately $15 million.

According to Calpian CEO, Harold Montgomery, “The growth of Money-on-Mobile is nothing short of astounding. We continue to see, month after month, the number of unique users, retail outlets and processed volume increase dramatically. We could not be more pleased that Money-on-Mobile is thriving in the Indian marketplace.”

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 wholly owned subsidiary, Calpian Commerce, provides the merchant community with an integrated suite of payment platforms and proprietary software based products. Calpian Commerce offers access to leading third party payment platforms to process credit and debit card transactions, ach, mobile acceptance and gateway payment solutions to merchants in the U.S. operating in the physical “brick and mortar” environment as well as over the Internet, and in settings requiring wired as well as wireless/portable payment solutions. Calpian Commerce delivers its products and services to merchants via three delivery chains: a direct sales force, ISOs and Agent Banks.

Calpian’s Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 130,250 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:<br …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Calpian, Inc. Acquires the Assets of Pipeline Data and Forms Calpian Commerce

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By Business Wirevia The Motley Fool

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Calpian, Inc. Acquires the Assets of Pipeline Data and Forms Calpian Commerce

Leading global payments company, Calpian, Inc., announces today the acquisition of the assets of payment company, Pipeline Data, and the formation of a new subsidiary, Calpian Commerce

DALLAS–(BUSINESS WIRE)– Calpian, Inc.(OTC:CLPI) announced today that it has completed the purchase of the assets of Pipeline Data, an Atlanta, GA-based payments company offering proprietary payments-related software and services and third-party payment platforms. Calpian, Inc. has renamed the organization Calpian Commerce.

Calpian Commerce will combine the benefits of Pipeline’s superior product offerings with Calpian’s unparalleled industry and marketing experience to better serve its U.S. market of small to mid-sized merchants, ISOs and Agent Bank customers. Calpian Commerce will offer an integrated payment solution to meet the evolving needs of all types of merchants including brick-and-mortar, Internet, mobile and card-not-present merchants.

Leading the new organization will be Calpian, Inc.’s President, Craig Jessen. “We are very excited to form Calpian Commerce and to apply our industry experience into creating a fully-integrated payments company that offers best-in-class service to each of our customer constituencies. We are working with the very talented team, formerly of Pipeline Data, to assimilate all products under the Calpian Commerce umbrella to ensure a seamless transition for all involved. This acquisition represents Calpian Inc.’s commitment to becoming a world-class payments company with leading-edge solutions for virtually every payment scenario.”

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 wholly owned subsidiary, Calpian Commerce, provides the merchant community with an integrated suite of payment platforms and related software based products. Calpian Commerce offers access to leading third party payment platforms to process credit and debit card transactions, ACH, mobile acceptance and gateway payment solutions to merchants in the U.S. operating in the physical “brick and mortar” environment as well as over the Internet, and in settings requiring wired as well as wireless/portable payment solutions. Calpian Commerce delivers its products and services to merchants via three delivery chains: a direct sales force, ISOs and Agent Banks.

Calpian’s Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 126,000 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 …read more
Source: FULL ARTICLE at DailyFinance