Calpian Inc. CLPI Archives - Page 2 of 3

TuesdayOct 22, 2013 1:21 pm

Calpian, Inc. (CLPI) Money-on-Mobile Established as “PayPal” of India

Calpian is a leader in electronic commerce. Via wholly owned subsidiary Calpian Commerce, the company provides merchants with payment processing services and software enabling processes. In addition to its operations through corporate offices in Dallas, Texas, operating centers in Georgia, New York, and Illinois, Calpian has also secured a foothold in an overlooked niche market overseas. The company’s India-based subsidiary, Money-on-Mobile (MOM), provides Indian consumer’s with the ability to make payments via cell phone. This company's mobile payment application addresses several significant needs among the Indian consumer, distributor, and retail populations, and has been dubbed as the “PayPal” of India.…

TuesdayOct 15, 2013 12:55 pm

Calpian, Inc. (CLPI) Money-on-Mobile Now Serving More than 71 Million Users in India

Calpian, a company that maintains mobile payment emerging-market operations through its subsidiary in India, reported substantial increases in the number of unique phone number customers using the Money-on-Mobile service as well as the number of retail locations offering the service as of September 30, 2013. Calpian noted that as of September 30, 2013, the Money-on-Mobile service had become available in 163,076 retail locations, up 5,216 stores from 157,860 retail locations on August 31, 2013. The company also highlighted that around 71.4 million unique phone number customers have accessed Money-on-Mobile from the service’s launch time to September 30, 2013. That is…

ThursdayOct 10, 2013 2:28 pm

Calpian, Inc. (CLPI) Continues to Thrive at the Heart of E-Commerce and Dominate the Mobile Payments Market in India

At the heart of e-commerce, Calpian provides high-quality, cost-competitive electronic payment services to retail merchants and consumers. The company is combining emerging market mobile payments services and electronic point-of-sale payment solutions to create a multifaceted payments company under one corporate umbrella. With corporate offices in Dallas, Texas, operating centers in Georgia, New York, and Illinois, and mobile payments emerging-market operations through its subsidiary in India, Calpian is helmed by a management team with more than 70 combined years of payments business experience. Calpian Commerce, the company’s wholly owned subsidiary, provides the merchant community with an integrated suite of payment processing…

WednesdayOct 02, 2013 9:15 am

Calpian Inc. (CLPI) Indian Subsidiary Integrates Direct Bill Payment with Utilities Covering Over 25 Million Consumers

Today before the opening bell, Calpian announced that its mobile payment subsidiary, Money on Mobile, has completed formal direct bill payment integration arrangements with five Indian utility providers covering a total customer base of over 25 million consumers nationwide. These new integrations allow consumers to pay monthly utility bills using their cell phones through the Money on Mobile network of over 157,000 retail stores. Below is the list of new Money on Mobile alliances: • Bihar Electricity Bill Payment: Roughly 20 million electricity consumers of North/South Bihar • Reliance Energy Bill Payment : 2.8 million Consumers in Mumbai, India •…

TuesdayOct 01, 2013 1:39 pm

Calpian, Inc. (CLPI) via Money-on-Mobile Partnership Finds Far-Reaching Opportunity in Indian Market

Calpian is based in the heart of Texas in Dallas, but has discovered a unique opportunity more than 8,000 miles away in India. The company’s Money-on-Mobile prepaid payment solution caters to the underserved Indian consumer population, the majority of which do not have access to bank accounts or traditional forms of credit. In fact, according to a 2012 study by MasterCard Worldwide, less than half of India’s population has a bank account, though mobile penetration is more than 50 percent and continues to grow at a rapid pace. The Telecom Regulatory Authority of India reports that there are 903.7 million…

ThursdaySep 26, 2013 9:38 am

Calpian, Inc. (CLPI) Targets Multiple Markets and Revenue Sources

In the U.S., Calpian, among other things, is a leader in a portion of the electronic payments industry known as merchant acquiring. Specifically, Calpian purchases recurring monthly income streams derived from credit card processing fees paid by U.S. retail merchants. Small and medium size businesses typically buy credit card processing services from ISOs (Independent Sales Organizations) that in turn work with one or more credit card processors. Calpian buys residual portfolios from ISOs that originated the contracts with merchants. Calpian also acquires ISOs who maintain sales forces to engage merchants directly and arrange credit and debit card processing services from…

ThursdaySep 19, 2013 10:18 am

Calpian, Inc. (CLPI) CEO Harold Montgomery Details Money-on-Mobile Technology and Position in Huge Indian Market at CorporateProfile.com

Harold Montgomery, CEO of mobile payment solutions provider Calpian, is a recognized industry leader who has testified to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications. At the recent 15th annual Rodman & Renshaw Conference in New York City, Montgomery discussed the services platform of its Money-on-Mobile Indian subsidiary, the Indian leader in pre-paid mobile payment solutions. “Money-on-Mobile has grown tremendously in its short three-year life span,” Montgomery states in the company’s corporate profile. “We’ve attracted over 67 million unique users since April 1 of last year.” He further explains that…

TuesdaySep 17, 2013 9:32 am

Calpian, Inc. (CLPI) Thrives at the Heart of E-Commerce

Operating at the heart of electronic commerce, Calpian is a publicly traded company with corporate offices in Dallas, Texas, operating centers in Georgia, New York, and Illinois, and mobile payments and emerging market operations offered through its subsidiary in India. The company’s Indian subsidiary provides its prepaid mobile payment solution, Money-on-Mobile, to more than 157,000 Indian retail locations. Since its inception in April 2012, Money-on-Mobile has been accessed by more than 67.5 million unique phone number customers. The solution continues to grow rapidly, with participating store growth rate and processed transaction volume increasing each month. In addition to offerings through…

MondaySep 09, 2013 11:02 am

Calpian, Inc. (CLPI) Says Money-on-Mobile Achieves Sequential Growth, Reaches Nearly 68 Million Users

Calpian, a U.S.-based company focused on mobile payments emerging-market operations through its subsidiary in India, today reports that as of August 31, 2013, the Money-on-Mobile (MOM) service offered by its Indian subsidiary is available now at 157,860 retail locations, an increase of 6,330 stores from 151,530 stores at the end of July 2013. Furthermore, MOM was accessed by nearly 68 million unique phone number customers from inception through August 31, 2013, up from nearly 63 million reported from the previous month. “Money-on-Mobile continues to show an increased growth rate in stores participating in the system,” Calpian CEO Harold Montgomery stated…

FridaySep 06, 2013 9:47 am

Calpian, Inc. (CLPI) Scheduled to Present at the 15th Annual Rodman and Renshaw Conference

Earlier today, Calpian announced that its Chairman and Chief Executive Officer will be presenting at the Rodman & Renshaw Annual Global Investment Conference on Monday, September 9, 2013 at 4:05 p.m. ET in Room 5.08 of the Millennium Broadway Hotel in New York. The Calpian executive will provide a brief overview of the company's business and will be available for a Q&A session after the presentation. He will also be available for one-on-one meetings with investors attending the conference. The Calpian presentation will be webcast live and archived for later replay. To access the webcast, please visit the investor page…

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