Emida to Offer Touch Mobile Products Through New Partnership

FOOTHILL RANCH, California, May 22, 2014 (Business Wire) – Emida, a leader in the global prepayment and value transfer market, is proud to announce its partnership with Touch Mobile, a U.S.-based MVNO aimed at disrupting the prepaid market with its new and unique pricing concepts for the prepaid consumer.

Touch Mobile offers premium-quality Android smartphones to all prepaid subscribers. Plans are 100% data-based, meaning that customers can stay connected through applications, emails, and web, without traditional prepaid data plan pricing. Moreover, calling, text messaging, and data are entirely unlimited while a customer is linked to a Wi-Fi network, preventing plan data from being consumed during these sessions.  Plans start at $20 per month with wide coverage available across the U.S.

Emida will offer Touch Mobile recharge at thousands of its distribution points, nationwide.

“Emida is constantly searching for the most innovative, premium prepaid products for its distribution.” said Ron Kraft, VP/General Manager of North America. “We believe Touch Mobile’s offering affords the prepaid base a new and distinctive opportunity to obtain premium service at record-breaking prices. We are proud to add Touch Mobile to Emida’s product suite.”

“Touch Mobile is very pleased to offer its industry-leading products through Emida’s vast distribution. We are confident that Emida’s many years of experience within the prepaid space will complement our winning product strategies and will undoubtedly lead to an excellent partnership.” said Rich Wong, Senior Vice President at Touch Mobile.

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 extended 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.

Media contact:

Lisbeth Cabrera Spencer

+1 949-860-3559

lcabrera@emida.net

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