Home > Press Release > m-Via Releases Mobile Remittances Solution

m-Via Releases Mobile Remittances Solution

m-Via Releases Mobile Remittances Solution

Bringing the advantages of Mobile Transactions to Global Money Transfers

SAN FRANCISCO, CA – January 7, 2008 – m-Via Inc., the leader in innovative mobile transaction
technology and solutions, today announced the release of a new turn-key solution for Mobile
Remittances, bringing the power and convenience of mobile transactions to the problem of international money transfers.

An international remittance is a person-to-person transfer of funds from a person physically located in one country to another person in a second country. Before now, the typical consumer had no other choice but to use a traditional registered money transfer service, such as Western Union, or an informal “hawala” to send money home to friends and loved ones in another country.

m-Via’s Mobile Remittances Solution opens a new era in international money transfers. Built atop the proven foundation of the best-of-breed mobile transactions application suite, MoTr™, m-Via’s Mobile Remittances Solution provides advantages over traditional methods on all measures: cost, speed, security, convenience, safety.

“Immigrant communities are tragically underserved by existing financial services providers.  Through our Mobile Remittances Solution, we not only help unbanked and underbanked individuals with a service they need every month, at a better value proposition than any current method, but we also provide a springboard for more substantial financial services,” said Kenneth D. Kruszka, CEO of m-Via. “Mobile technology is key to providing a more convenient, cheaper, safer, and more secure way to send money back home to support your family.”

About m-Via Inc.
m-Via Inc. is a leading innovator of mobile transaction technology, solutions, and services. m-Via delivers global transaction solutions that are easy to use, highly secure, and extremely cost effective. m-Via’s revolutionary MoTr™ application suite allows anyone with a cell phone to send, receive and transact money anywhere in the world. With a combination of standard, turn-key solutions, flexible best-in-breed technology, and specialized services, m-Via empowers financial institutions, community-based organizations, retailers, or any other group to provide their customers or members with convenient access to financial services wherever they are, whenever they want. More information about the company may be obtained at www.m-via.com.

Categories: Press Release
  1. February 9, 2008 at 3:03 pm

    To learn more, please the Mobile Remittance Solution section of our website here.

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