TransferTo will be at the GSMA Mobile Money Summit held in Singapore from 27th to 30th June. Visit us at Stand E11 and find out more about our Global Airtime Remittance Hub.
We'll also have an exclusive preview of our mobile application on iOS and Android, which will allow our customers from anywhere in the world to send recharge to their loved ones in over 70 countries.
LG U+, formerly known as LG Telecom (Korea), recently launched "Talk-time Transfer" with TransferTo. With this new service, foreigners residing in South Korea can now easily make the gift of prepaid airtime to their loved ones back home. We're excited about this new partnership as it represents our first deployment in Korea, a promising market with a large foreign worker population.
2010 was a successful year during which several major Mobile Network Operators joined the TransferTo Global Airtime Remittance Hub and transaction volumes increased substantially. The trend is still looking up, with major recent additions to our network:
• Vodafone UK Wholesale recently chose TransferTo to enable International Airtime Transfers for its MVNO customers, offering the first SMS-based International Airtime Transfer service in the United Kingdom.
• With the addition of Telenor Pakistan and Zong Pakistan, TransferTo now offers its sending partners full coverage in Pakistan, a major destination country for international top-ups.
• Other operators including Asiacell (Iraq), Airtel (Nigeria), Tigo (Ghana), and Vodacom (Tanzania) have selected TransferTo as their International Airtime Transfer partner.
TransferTo is excited to announce 3 major deployments in September; TransferTo launches Europe's first SMS based international airtime transfer service for SFR and Tunisie Telecom customers, Mobilink and TransferTo team up for international airtime transfer service and Kenya's yu selects TransferTo for operating international airtime transfer service.
TransferTo will also be presents at a number of events in September and October 2010.
Ingenico S.A. (Euronext: FR0000125346 - ING), a global leader in payment solutions, recently acquired a controlling interest in TransferTo. Ingenico had previously held a 35% stake in TransferTo through its venture capital arm Ingenico Ventures since 2009 and now holds 90% of all shares in the company.
Ingenico's acquisition of TransferTo will further strengthen its position as a leading provider of mobile commerce solutions. It also confirms the strength of TransferTo's business model and the massive potential of airtime remittances. This transaction will bolster our capital base and allow us to deploy our airtime transfer service faster than ever. More importantly, it will allow TransferTo to continue improving the services provided to our partners.
We’re excited to announce two recent partnerships in the financial services space, both of which demonstrate the strength of TransferTo’s business model. These new developments bring us one step closer to our goal of becoming a universal provider of airtime transfers, regardless of technology platform or industry:
TransferTo will be in Rio de Janeiro, Brazil for the GSMA Mobile Money Summit from May 24th to 27th. We would be pleased to meet you there. We're taking this opportunity to announce two new deployments:
This week TransferTo™ is in Las Vegas for the International CTIA Wireless 2010 Conference. We would be pleased to meet you there. We're taking this opportunity to announce two large deployments in North America:
• KDDI America is the first US MVNO to launch International Airtime Exchange.
• hyperWALLET teaming up with TransferTo™ to offer International Airtime Recharge.
SmarTone-Vodafone to offer TransferTo international mobile top-up service in Honk Kong. TransferTo will be attending the 2010 GSMA Mobile World Congress in Barcelona from 15th to 18th February 2010.