Truli Teams With Pushpay for Mobile Donation Solutions
May 15 2013 - 8:30AM
Marketwired
Truli Media Group, Inc. (OTCQB: TRLI), parent company of Truli, a
global faith-based & family friendly media content platform and
social community hub, today announced that it has signed an
agreement with Auckland-based Pushpay, which allows users to make
direct payments to registered companies and organizations on their
smartphones.
"Pushpay has partnered with some of the largest non-profits
across the USA, Australia and New Zealand to boost their donations
through mobile payments while decreasing the administrative costs
of receiving donations," said Michael Jay Solomon, Founder,
Chairman and CEO of Truli. "This a great fit for us and we are
excited to incorporate Pushpay's mobile payment solutions into our
donation platform. Pushpay will make it very easy for people to
donate to their favorite ministries whereby 85% goes to ministries
and 15% goes to Truli. We believe this will be a major source of
revenue for us as we anticipate that many ministries will want to
take advantage since it means additional revenue for them as
well."
"Truli's and Pushpay's shared focus on faith-based organizations
provides an excellent opportunity to work together," commented
Chris Heaslip, Co-Founder and CEO of Pushpay. "We are excited to
help non-profits increase generosity and we look forward to
generating additional donations through Truli's donation
platform."
Pushpay's mobile wallet offers a simple user interface and
secure process, and gives businesses and non-profits a
cost-effective method of receiving mobile payments without
investing in custom app development. The Pushpay mobile wallet is
PCI DSS compliant and uses payment card information, without the
need for 'dongles' and card readers. The Pushpay mobile wallet is
available for iOS and Android and can be downloaded from the App
Store and Google Play.
About Truli
Truli offers a unique distribution platform focused on Christian
and family-friendly content that is free for users to view,
interact and engage with on any mobile apparatus such as tablets,
phones, smart TV, etc. Truli is free for ministries as many
additional sermons are delivered weekly, as well as music videos,
film/television content, sports, comedy and educational material.
Truli offers a single platform that is flexible and easy to access
to connect users, enabling the delivery of relevant and family
content to the Evangelical community market of 100+ million people
in the U.S. (and 700+ million outside the U.S.) representing $4.3
billion of annual gross industry sales in the U.S. alone.
Safe Harbor Statement
This news release contains statements that involve expectations,
plans or intentions (such as those relating to future business or
financial results, new features or services, or management
strategies) and other factors discussed from time to time in the
Company's Securities and Exchange Commission filings. These
statements are forward-looking and are subject to risks and
uncertainties, so actual results may vary materially. You can
identify these forward-looking statements by words such as "may,"
"should," "expect," "anticipate," "believe," "estimate," "intend,"
"plan" and other similar expressions. Our actual results could
differ materially from those anticipated in these forward-looking
statements as a result of certain factors not within the control of
the company. The company cautions readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The company disclaims any obligation
subsequently to revise any forward-looking statements to reflect
events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events.
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Contact: Truli Investor Relations Chuck Arnold
386.409.0200 Email Contact Pushpay Aidan Lett General
Manager Global Marketing Email Contact 714-662-1472
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