Thursday, April 04, 2013

Mobile Payment Stock Alert; Calpian's (OTCQB: CLPI) Emerging Market Mobile Payments Solution Experiences Largest Growth Month to Date

DALLAS, Texas - April 4, 2013 (Investorideas.com mobile payment stocks newswire) Calpian, Inc. (OTCQB:CLPI) announces that, as of March 31, 2013, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by over 130,250 retail locations, increased from 126,200 on February 28, 2013, and accessed by approximately 44 million unique phone number customers, up from the 39.5 million reported from the previous month. The March 2013 processed transaction volume, measured in Indian rupees, was 810 million INR � an approximate 149 million increase over February 2013 processed volume. At current exchange rates, March processed transaction volume was approximately $15 million.

According to Calpian CEO, Harold Montgomery, "The growth of Money-on-Mobile is nothing short of astounding. We continue to see, month after month, the number of unique users, retail outlets and processed volume increase dramatically. We could not be more pleased that Money-on-Mobile is thriving in the Indian marketplace."
About Calpian, Inc.
Calpian, Inc. (OTCQB:CLPI) is a publicly traded company 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's wholly owned subsidiary, Calpian Commerce, provides the merchant community with an integrated suite of payment platforms and related software based products. Calpian Commerce offers access to leading third party payment platforms to process credit and debit card transactions, ACH, mobile acceptance and gateway payment solutions to merchants in the U.S. operating in the physical �brick and mortar� environment as well as over the Internet, and in settings requiring wired as well as wireless/portable payment solutions. Calpian Commerce delivers its products and services to merchants via three delivery chains: a direct sales force, ISOs and Agent Banks.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 126,000 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments business. Calpian's CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy, liquidity, and building a larger credit facility. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Contact:
Calpian, Inc.
Cynthia Bailey, 214-758-8600
Chief Marketing Officer
cbailey@calpian.com
or
Company Contact:
Harold Montgomery, 214-758-8600
CEO
haroldmontgomery@calpian.com
or
Investor Relations Contact:
John Liviakis, 415-389-4670
john@Liviakis.com
Published at Investorideas.com newswire
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