Emida to Showcase Cash and Transact (CAT™) at FinovateFall 2012

FOOTHILL RANCH, California, September 06, 2012 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, will be presenting its Mobile Wallet technology at FinovateFall 2012 in NYC, September 12th and 13th.

FinovateFall will be held in New York as a two-day showcase of the best new innovations in financial and banking technology from a gathering of leading established companies as well as innovative startups. FinovateFall utilizes a “Product Demonstration” format whereby over 60 selected organizations have a chance to present their products and solutions to an audience of financial institution executives, venture capitalists, members of the press and entrepreneurs.

“Emida is always exploring ways to evolve and we are confident that mobile money will be an exciting and rapidly growing product category in the coming years. Emida’s unique mobile wallet strategy along with its truly innovative application combine to make Emida one of the few companies that will revolutionize the market,” said Ron Kraft, VP/GM North America. Ron goes on to say, “We are proud to be one of the few companies exclusively selected to participate at Finovate this fall.”

To learn more about Emida’s mobile wallet, CAT, please visit http://catwallet.com.

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