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
Defense Mobile Partners with EMIDA Distribution Network
STAMFORD, CT (PRWEB) June 25, 2015 – Defense Mobile, a new nationwide 4G LTE mobile service exclusively for Veterans, military service members and their families, has teamed up with EMIDA, a leader in the global prepayment and value transfer market to expand its retail footprint and offer thousands of convenient locations nationwide to purchase Defense Mobile service and SIM cards.
“Defense Mobile is excited to offer its products and services through EMIDA’s distribution network. We are confident that EMIDA’s many years of experience in the prepaid marketplace will allow us to better deliver on our mission to connect and improve the lives of the members of the military community,” said Phil Prouty, co-founder of Defense Mobile and Head of Distribution.
Defense Mobile is the first mobile service built exclusively for Veterans, military service members and their families. In addition to its low-cost wireless service running on the nation’s largest networks, Defense Mobile utilizes the power of network connectivity to deliver a unique set of features that compliment the lifestyle of its subscribers. Not only does this approach create new opportunities for retailers, but it, also, adds to the overall strength of the service, its partnership with EMIDA and resellers across the country.
“EMIDA is always looking for new, unique products for distribution,” stated Ron Kraft, VP/General Manager of North America. “We are proud to partner with Defense Mobile, a company with a suite of exciting products and such an honorable mission.”
About Defense Mobile
Defense Mobile is a nationwide 4G mobile service, built by Veterans, supported exclusively by Veterans and designed to improve the lives of those who have served. Defense Mobile offers outstanding rates, the most popular smartphones, no-contract plans, meaningful cash back rewards and miliSOURCE, an application to help Veterans find and manage the benefits they have earned. Defense Mobile has secured agreements to run on the nation’s largest and most trusted networks to ensure that Veterans, military service members and their families receive superior coverage.
To learn more, visit http://www.defensemobile.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 extended Caribbean, Africa, Oceania, the Middle East and Europe. Emida supports 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.
Emida’s network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services. Emida’s 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. Emida’s payment processing platform provides robust revenue solutions for distributors, ISOs, retailers, carriers and service providers alike.
For distribution opportunities with Defense Mobile, please contact Ron Kraft or Allison Seyler at Emida, or e-mail us at reseller(AT)defensemobile.com. You may also reach us directly at 888-370-8747 FREE Ext. 1019, or register online at http://about.defensemobile.com/retail-partners.
Ron Kraft
rkraft@emida.net
949-860-3534
Allison Seyler
aseyler@emida.net
949-860-3539