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CostMaster Communications Completes First Payroll for Its Global Employees Using the Mobetize Payroll Card Solution

BLAINE, Wash., April 20, 2015 (GLOBE NEWSWIRE) -- Mobetize Corp (OTCQB:MPAY) announced today that CostMaster Communications, a global call center solutions provider to the telecom industry, has successfully completed its first payroll using the Mobetize Global Payroll Card Solution. This solution is now deployed by CostMaster to their employees. The Mobetize Payroll Card Solution is available for other employers in North America and Canada that have similar needs to CostMaster or have significant underbanked employees that require the Payroll card to access online and ATM services that are combined with Mobetize mobile wallet. Employees can quickly monitor their transactions and use additional financial services, like bill payment, prepaid airtime recharge, domestic and international money transfer conveniently via their mobile device.

This is an extension of the existing program that Mobetize recently launched with Visa and Mastercard branded Prepaid Cards, Debit Cards, Loyalty Products, Payroll and Government Solutions.

Mobetize CEO Ajay Hans noted: "We are excited to see the first payroll completed by CostMaster Communications and strongly feel this payroll solution has global applications."

About CostMaster Communications

CostMaster Communications (CMC) network is deployed in over three continents: North America, Middle East and Europe. Its infrastructure is situated in 15 countries with offices located in Vancouver, Portland/Salem and Bucharest. Currently CMC delivers traffic and call center support to over 80 countries. For more information, please visit the Company website as http://www.mycostmaster.com/

About Mobetize Corp.

Mobetize Corp. (OTCQB:MPAY) is a technology leader in mobile commerce payment solutions. Mobetize's brandable platform enables telecom operators, employers and other financial providers to simplify the delivery of mobile financial services. Mobetize ensures end-to-end integration for services such as retail/online payments, prepaid air-time top ups for gifts, international remittances and transfers, P2P transfers and Visa/Mastercard programs on mobile devices. Mobetize seamlessly integrates and white labels customers' secure mobile money platform with their delivery partners to help increase their revenues, decrease customer service costs and increase loyalty to existing offerings. For more information, please visit the Company website at http://www.mobetize.com

CONTACT: Stephen Fowler - CFO Mobetize Corp. (206) 347-4515 sfowler@mobetize.com David Mossberg Three Part Partners (TPP) 817 310-0051 dmossberg@threepa.comSource:Mobetize Corp