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Paystar Moves Forward with Leading Telecoms in the MENA Region |
FOR IMMEDIATE RELEASE:
CONTACT: Tim Wood, Paystar, Iinc, 1-702-430-1659 or tim.wood@paystar.net
Las Vegas - August 24, 2012 - Paystar is in negotiations with multiple leading telecom companies in the MENA region for providing its services to mobile phone consumers.
Contract negotiations are to be completed in September 2012 with implementation occurring during the 4th quarter of 2012 through the 1st quarter of 2013.
Paystar will be providing our Paystar Remittance Software Solution to regional MENA telecom companies via thier own data centers in each region and or country. Consumers will have the ability to remit funds via their mobile phone using their telecom account or a tied-in virtual account hosted at a leading international bank client.
Paystar has solved the Know Your Customer puzzle that has prevented telecom companies from providing remittance services to their consumers until now. Paystar's solutions approved by both Banks and Central Banks are the new leading edge in global remittance products, said Tim Wood, President of Paystar's Global Operations.
About Paystar, Inc.
Founded in 2004, Paystar is a remittance and payments technology company, providing electronic payment services and process as a service solutions that deliver convenience and cost-savings to banks, businesses and consumers. Translink currently has agreements with banks and technology providers in North America, the Middle East, Africa and SE Asia to provide pre-paid, remittance, mobile payments, merchant acquiring and B2B vendor payments services domestically and internationally.
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