EmidaMex Presents Solid Growth For 2012

FOOTHILL RANCH, California, August 30, 2012 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, has seen major growth with EmidaMex, a wholly-owned subsidiary of Emida, and has helped position its name as one of the top providers in the country. “EmidaMex provides scalable processes, which manage the complete sales cycle from reconciliation and settlement,” said Esther Guttman, VP/GM EmidaMex Mexico.

With the addition of over 3500 merchants in 2012 to its existing network, EmidaMex is preparing a new set of products and services for year 2013, among which will be a corresponding network for cross border products generated in the Emida Network.

“We are thrilled with the tremendous growth experienced by the EmidaMex operation. Through industry-leading customer service the team has managed to reduce and maintain churn levels well below market averages. In addition to a scalable business model, the level of customer care will ensure that this growth can be sustained for the foreseeable future,” said Esther Guttman.

EmidaMex’s advantage is and has been its ability to reach and service the mass market, with the appropriate tools and reporting. Esther goes on to say “We are proud to say that EmidaMex’s customer service has given EmidaMex the ability to ensure the confidence and trust of our happy and satisfied merchants and retail chains.”

About Emida

Emida is a leader in the global prepayment and value transfer market, operating in 37 countries throughout North, Central and South America, the Caribbean, Africa, Oceania, the Middle East and Europe. We support a network of more than 54,000 retail points with an annual dollar payment volume in excess of $1.5B, processing more than 240 million annual payment transactions.

Our network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services. Our strategy is to build profitable, robust distribution networks for many prepaid products in targeted operating geographies, and to introduce unique cross border value products between regions. Our payment processing platform provides robust revenue solutions for distributors, ISOs, retailers, carriers and service providers alike.

For more information, please email us: info@emida.net.

Media contact:
Lisbeth Cabrera Spencer
+1 949-860-3559
lcabrera@emida.net