Lycamobile Pairs Up with Prepay Nation for Global Partnership and US Market Entry

Top Quote MVNO and processing partner take steps towards greater involvement. End Quote
  • (1888PressRelease) June 22, 2013 - Berwyn, IL (USA) -- Prepay Nation, a leading provider of international mobile top-up and cross border micropayment services, has forged a partnership with Lycamobile, one of the fastest growing prepaid mobile virtual network operators in the world. The partnership will explore joint activities globally, including topup processing and availability throughout Prepay Nation's worldwide retail network.

    The partnership comes as Lycamobile, which already operates its virtual networks in 16 countries throughout Europe and Australia sets its sights on the US and Canadian markets. "Our brand strategy is to drive unequalled value, creating low-cost prepaid mobile products for international calling customers," said SubaskaranAllirajah, Chairman of Lycamobile. "A key component of that strategy is access. We need customers to have convenient access to instant airtime refills, and Prepay Nation ( http://www.prepaynation.com ) is the ideal partner to make that a reality. They have not only an incredibly flexible processing platform, but also a retail distribution network of over 150,000 locations in every corner of North America."

    "We're confident that partnering with Prepay Nation has helped us hit the ground running, and accelerate our market share growth," Allirajah added.

    Anurag Jain, CEO of Prepay Nation, praised the partnership for its mutual dedication to customer value. "We're pleased to be working with a forward-thinking MVNO like Lycamobile," said Jain. "We share a focus on efficient operations and broad market presence, which enables us to bring strong value to the end customer wherever they are. We look forward to exploring opportunities together globally as our partnership progresses."

    Lycamobile prepaid airtime is now available at all Prepay Nation ( http://www.prepaynation.com ) partner retail locations across North America.

    About Prepay Nation:
    Prepay Nation enables value transfer across international borders using a global mobile ecosystem of 149 mobile operators. Processing millions of transactions across the Americas, Prepay Nation leads the way in expanding distribution with rich mobile customer experiences and has a traditional distribution channel of over 150,000 locations. Their processing platform serves as a foundation for micro transactions beyond airtime, enabling instantaneous value transfer creating revenue generation for operators, distributors, and retailers. With the recent acquisition of the European company, Minute Transfer SA, they are aggressively expanding into Europe, Asia and Africa. For more information visit: http://www.prepaynation.com.

    About Lycamobile:
    Lycamobile is a prepaid mobile SIM card provider that provides low-cost, high-quality international and national calls and has acquired over 30 million customers across 16 countries (UK, Netherlands, Belgium, Switzerland, Denmark, Norway, Sweden, Italy, Portugal, Australia, France, Germany, Poland, Spain, Ireland and the USA). The brand was initially introduced in 2006 and is already Europe's largest pre-pay MVNO. Lycamobile continues to grow rapidly with further market launches planned throughout 2013. http://www.lycamobile.com

    Press & Media Contact:
    Erin Flynn Jay or Fady Sahhar
    XtraGlobex, Inc
    1800 John F. Kennedy Blvd. Suite 300
    Philadelphia, PA 19103 - USA
    215-772-3048 / 267-238-3820
    erin.flynn ( @ ) xtraglobex dot com / fady dot sahhar ( @ ) XtraGlobex dot com
    http://www.prepaynation.com

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