NEW YORK, Oct. 27, 2014 /PRNewswire/ -- TelUPay
International Inc. (OTCQB: TLPY), through its Dubai subsidiary, TelUPay (M.E) FZE, has
successfully completed its pilot program testing its secure,
electronic, Prepaid Mobile Airtime system servicing the
Micronesia region. Celluserv
utilizes TelUPay's PIN distribution system with a direct interface
to Mobile Network Operator (MNOs) systems, to electronically
distribute prepaid mobile airtime.
The live pilot was conducted from March through June 2014 in seven Payless Supermarket locations
with Docomo Pacific, the largest MNO in Guam. The pilot was very successful with
TelUPay's service now accounting for 35% of the prepaid mobile
airtime transactions.
"We are very pleased to see such a positive response as
Guam residents gain confidence
with TelUPay's prepaid mobile airtime service," states Mr.
Adrian Ansell, CEO of TelUPay.
"Celluserv and TelUPay plan a full rollout of the service to
Guam retailers once the NCUA
approves the service; such decision expected in November 2014."
"The customized product developed by TelUPay will substantially
reduce costs for retailers and MNO's while providing a great
convenience to consumers," states Mr. Ron
Schnabel, President of Celluserv.
About Celluserv
Celluserv (Guam), is a
distributor of Prepaid Mobile Airtime servicing the Micronesia region. Celluserv's goal is to
replace the costly plastic pin-based, scratch cards with TelUPay's
prepaid mobile airtime service where consumers either use a
PIN-based receipt for self-loading or a direct eLoad of airtime to
their mobile number with SMS confirmation. Retailers have the
option of selling airtime either through an EPOS terminal or
directly from an Android or iOS mobile phone.
About TelUPay International Inc.
TelUPay has developed the next generation of secure mobile
banking and payments technology designed for banks, mobile
operators, credit card companies, micro-finance and other financial
institutions. TelUPay offers customized services and continuously
develops new applications that drive new revenue streams for its
clients. TelUPay's bank-grade mobile banking and payment service
uses the most secure encryption technology available today for both
the bank and the end-user. Services include; fund transfers, P2P
remittances both domestically and internationally, bill payments,
merchant payments, mobile airtime purchases, balance inquiries and
a host of other services designed to provide the ultimate
convenience to the consumer at the lowest possible cost.
Telupay International Inc. is incorporated in Nevada, USA. For more information visit
www.telupay.com.
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visit:http://www.prnewswire.com/news-releases/telupay-and-celluserv-complete-prepaid-mobile-airtime-pilot-in-guam-now-moving-forward-to-full-rollout-in-guam-and-micronesia-123477389.html
SOURCE TelUPay International Inc.