Category: Emida Blog

Are you losing revenue due to fraud and theft in your mobile business?

How many times have your mobile customers called you about theft of scratch cards or damage to PIN numbers? One of the most important things for mobile business nowadays is protecting your mobile subscribers, clerks and distributors from fraud and theft. If scratch cards are still part of your mobile portfolio, evidence shows they will definitely increase risk. Not only will this affect customer loyalty, but it will also put your revenue in jeopardy. Please consider what follows to illustrate the risks you and your customers face.

1. Cards get lost or stolen

Mobile scratch cards can easily be lost or stolen leading to revenue loss for you or your distributors. Such loss or theft can occur when the cards are being shipped or distributed; or during daily operations at their merchant locations. In extreme cases, thieves steal cards, obtain their PINs and then replace the film on the scratch card. When the card is activated, the thief quickly drains the card. As a consequence, you will see your revenue affected directly.

2. Pin on the card becomes compromised

When customers scratch a card, the pin gets exposed, at this time if the card falls into the hands of another person, then that person can use it for themselves. In addition, there are companies set up to steal or duplicate cards. Once again, these scenarios directly impact your services and revenue.

The solution:

Digitizing your mobile products instead of using scratch cards by implementing a state-of-the-art electronic recharge system allows you to eliminate the risks to your revenue referenced above. If you want to eliminate fraud and theft in your mobile business, it’s important that you have the right technology partner with experience in resolving these issues. If you find yourself in such a situation make sure to contact us today to discuss the opportunities that are available for your mobile business.

IoT Tech Expo 2017

IoT Tech Expo 2017
November 29-30th, 2017
Silicon Valley, CA, USA
Event Website

Africacom 2017

Africacom 2017
November 7-9, 2017
Cape Town, South Africa
Event Website

Customer Experience Management in Telecoms 2017

Customer Experience Management in Telecoms 2017
October 24-26, 2017
Atlanta, GA, USA
Event Website

Mobile World Congress 2017

Mobile World Congress 2017
September 12-14, 2017
San Francisco, CA, USA
Event Website

The Prepaid Press Expo 2017

The Prepaid Press Expo 2017
August 22-23, 2017
Las Vegas, NV, USA
Event Website

AFRICAcom 2015

AFRICAcom 2015
November 17-19, 2015
Cape Town, SOUTH AFRICA
Event Website

Emida Acquires Quippi – Transaction Combines Emida’s Leadership in Global Prepayments and Value Transfer with Quippi’s International Gift Card Platform

FOOTHILL RANCH, California, October 6, 2015 (Business Wire) – Emida Inc., a leader in the global prepayment and value transfer market, today announced that it is acquiring Quippi Corporation and its innovative international gift card platform.  Terms of the transaction were not disclosed.  Quippi’s team will join Emida and all of Quippi’s business activities will immediately become part of Emida.  Customers will continue to be able to purchase Quippi’s gift cards at all existing Quippi channel partners as well as atwww.quippi.com.

“Quippi’s international gift cards are highly synergistic with Emida’s existing prepaid business, and we are very pleased to now have Quippi as part of the Emida family,” said David Kirtman, CEO of Emida.  “We look forward to working together to develop this exciting new category.”

“We are delighted to combine Quippi’s gift card platform and our deep retail relationships in Mexico with Emida’s substantial global prepayment business,” said Michael Aleles, CEO of Quippi.  “Emida has the scale to distribute gift cards that would have taken Quippi many years on its own to build.  We are delighted to become part of the Emida team and work together to create a new category for international value transfer.”

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.

About Quippi

Quippi offers consumers living in the U.S. the opportunity to share their financial resources in a flexible, yet controlled way with loved ones abroad via international gift cards. Quippi sells gift cards in the U.S. that can be redeemed at over 4,800 locations of leading retailers in Mexico, including Coppel, Chedraui, Farmacias Benavides, Office Depot Mexico, Construrama, FarmaTodo, and Opticas Devlyn. Quippi cards are available for purchase at www.quippi.com and at over 5,000 independent retailers in California and Texas.  Launched in 2013, Quippi is headquartered in San Diego, California. For more information, visit www.quippi.com.

Media contact:

Ruth Munoz

949 860 1312

rmunoz@emida.net

Western Food Service & Hospitality Expo

Western Food Service & Hospitality Expo
August 23-25, 2015
Los Angeles, CA, USA
Event Website

The Prepaid Press Expo 2015

The Prepaid Press Expo 2015
August 11-13, 2015
Las Vegas, NV, USA
Event Website