Emida Partners With IPP to Provide a Convenient Bill Pay option Across the US

FOOTHILL RANCH, California, July 19, 2010 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, has partnered with IPP of America Inc. (IPP) to provide consumers with an easy and reliable way to make payments on their monthly bills.

For 17 years IPP has been the leading independent national network of neighborhood based payment centers and process over 23 million transactions annually.  At the national and local level, consumers can pay utility, cable, phone, credit card, insurance, and department store bills among many others through the IPP network.  Providing competitive rates, and expanding biller list, the IPP solution is a natural fit to the Emida’s growing network of merchant solutions.

Rick Auletta, Chief Operating Officer of IPP says, “Our experience with Emida has been positive and we are looking forward to helping them build a comprehensive retail consumer payment offering by adding the IPP retail bill payment solution.  There continues to be strong demand for retail bill payment services in the market representing a great opportunity for both firms.  We look forward to continued success with Emida.”

“Emida is constantly looking for new products to round out our portfolio of merchant offerings,” says Ron Kraft, VP/GM North America.  “Bringing on a product like IPP resonates well with our customer base and target consumer.  The IPP bill pay offering is a popular addition to Emida’s growing suite of payment solutions.”

If you are interested in this or any of the other products and services offered by Emida, please contact us atinfo@emida.net.

About Emida

Emida is a leader in the global prepayment and value transfer market, operating in 36 countries throughout North, Central and South America, the Extended Caribbean, Africa, Asia, Oceania, the Middle East and Europe. Emida’s POSA network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services including prepaid wireless, prepaid long distance, direct top-up, stored value cards, bill payment, mobile wallet services and more. The Emida network includes more than 46,000 retail points with an annualized dollar payment volume of $1.4B, processing more than 180 million annualized payment transactions. For more information, please visitwww.emida.net, www.emidaespanol.net or email info@emida.net.

Media Contact: Martyn Fricker, Emida; +1 949-860-3522; mfricker@emida.net

About IPP

IPP of America Inc. (“IPP”) a leading provider of retail electronic payment services operates the largest national network of independent neighborhood-based payment centers, providing reliable and safe electronic payment services to cash paying customers.  Through their payment settlement network, IPP authorized payment centers offer a wide array of financial services including domestic and international bill payment.  The company’s payment center network currently extends to over 17,000 location nationwide.  For more information visit www.ipppays.com.

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