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Smart offers new promo for prepaid subscribers |
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PREPAID subscribers of telco Smart Communications Inc. (Smart) now have an affordable, all-in-one load bundle which allows them to use text messaging to post updates on and receive alerts from popular social networks Facebook, Friendster and Twitter. “Mobile subscribers these days no longer just call or text to keep in touch with their friends and family or to share news—they update their status, write on ‘walls’ and ‘tweet’, too. Most would wish that they could do this on-the-go, on their cell phone, just like texting. Ideally, it could also work on any phone, even the older handsets, and it wouldn’t cost too much on top of the staple call and text package. The Smart Buddy AllTxt Combo Plus makes all this possible,” said Danilo Mojica, head of Smart wireless consumer division. |
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eCommLink to Provide Payment Processing for AllCom's Prepaid GenieCard Program |
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LAS VEGAS, Aug. 12 /PRNewswire/ -- eCommLink, a leading value-added prepaid debit processor, announced today that it has signed a 5 year agreement with AllCom - a leader in integrating telecommunications, internet and commerce solutions - to provide the prepaid transaction processing services for AllCom's GenieCard™. This agreement coincides with AllCom's plans to increase the distribution level of its GenieCard™ to its existing client base, and to expand its retail distribution network in both the U.S. and Canada. |
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Visa CEO: Prepaid is a $3 Trillion Market |
 Visa, Inc. (NYSE:V) announced their third quarter earnings yesterday, once again beating Wall Street estimates. Visa reported an Earning Per Share of $0.97 and revenue of $2.03 billion during its fiscal third quarter which ended June 30, 2010. While Visa does not break out the prepaid debit category in its financial results (although it has previously been suggested that Visa will start reporting separate prepaid debit numbers), they did spend time discussing the prepaid market in their earnings call. Article |
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FBI backs record-keeping on prepaid cell phones |
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WASHINGTON — FBI Director Robert Mueller has endorsed anti-terrorism legislation that would require prepaid cell-phone sellers to keep records of buyers' identities. The bill sponsored by Sens. Charles Schumer, D-N.Y., and John Cornyn, R-Texas, would require purchasers to present identification at the point of sale. Article |
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Last Updated ( Sunday, 01 August 2010 21:29 )
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Sprint Loses Prepaid Chief to AmEx |
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Sprint Nextel Corp. is losing the head of the carrier's prepaid wireless business, Dan Schulman, to American Express Co. after less than a year on the job. Mr. Schulman, who previously ran Virgin Mobile USA and was absorbed into Sprint when his company was acquired in November, was given the task of carrying out Chief Executive Dan Hesse's desire to "double down" on the prepaid business. Article Here |
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Prepaid debit card provider Green Dot prices expanded IPO above range, raising $164.1M |
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NEW YORK (AP) - Prepaid debit card seller Green Dot Corp. priced shares of an expanded initial public offering above the expected range, raising $164.1 million. Analysts had expected strong demand for Green Dot shares of the company, a big supplier of reloadable debit cards. Article Here |
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