BLAINE, Wash., Aug. 28, 2014 (GLOBE NEWSWIRE) -- Mobetize Corp. (OTC:MPAY) has selected DCR Strategies Inc - TruCash., (DCR) to be our international program manager for Visa and MasterCard branded Prepaid Cards, Debit Cards, Loyalty Products, Payroll and Government Solutions, along with their unique proprietary points-to-cash Loyalty Platform, TruCash.
There are significant benefits of providing Visa and MasterCard prepaid card programs to telecom operators:
- Reducing distribution costs
- Reducing churn and increase loyalty
- Leveraging mobile distribution for new services
- Positioning for next wave of mobile commerce
- Increase Revenues
Diana Fletcher, President of DCR Strategies Inc. stated: "Mobetize's next generation mobile financial services platform is truly the most unique solution that we have seen to aggregate financial services and integrate them to telecom product offerings. Mobetize uniquely positions telecom operators to offer consumer financial services and is the ideal channel for us to deliver our prepaid card programs to telecom operators."
Mobetize CEO Ajay Hans noted: "We are delighted to be working with DCR Strategies Inc. Not only is DCR one of the largest program managers in the world, with millions of cards in production but their desire to innovate is unique in this industry. The opportunity to offer their Prepaid Card programs through the Mobetize smart products suite is very significant for our company."
About DCR Strategies Inc. | TruCash
DCR Strategies Inc., is an international leader in program management for Prepaid Cards, Debit Cards, Loyalty Products, Payroll and Government Solutions, along with the unique proprietary points-to-cash Loyalty Platform, TruCash. From flexible payment products to proven loyalty solutions, DCR Strategies Inc. (DCR) brings ideas and technology together to help satisfy the world's payment and affinity needs. Founded in 2002, DCR has grown to become a market leader in the prepaid and loyalty space servicing more than 30 global markets with hundreds of customers that reach millions of users all around the world. A thought leader in the prepaid space, DCR Strategies is also on Twitter, Facebook, LinkedIn and Google+.
About Mobetize Corp.
Mobetize Corp. (MPAY) is a technology leader in mobile commerce payment solutions. The Company's smart solutions platform empowers its customers to increase ARPU and decrease churn while making unsurpassed improvement to customer retention. Mobetize solutions shift existing e-commerce to mobile with unrivaled simplicity, efficiency and cost-effectiveness.
Mobetize's brand-able platform brings mobile devices secure and easy bill management, payments, global airtime recharge, domestic money transfers, international remittances, point-of-sale functionality and numerous other related technologies enables Telcos to become virtual Banks. Mobetize provides the industry's most complete mobile solutions platform to both telecommunications operators and payment gateways. For more information, visit http://www.mobetize.com.