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VoiceCash and mobilcom launch mobilcash Prepaid MasterCard®

VoiceCash enables International Mobile Money Transfer

VoiceCash enables International Mobile Money Transfer

Munich, 23.12.2010 [VCM231210TE]. VoiceCash Group and mobilcom-debitel are introducing mobilcash Prepaid MasterCard®, a state of the art Prepaid MasterCard card twin card program that will enable customers to share money with relatives and friends all over the world. mobilcom-debitel is one of the leading telecom providers in the German market with about a 16 million customer base. VoiceCash is an international mobile remittance company with its own VoiceCash Bank, that is fully passported in all European countries. “mobilcom-debitel’s marketing and distribution power is a huge asset in the market and will make this product be extremely visible”, according to Pascal Beij, VP Sales & Marketing at VoiceCash. “Both companies share similar attitudes when it comes down to innovation and getting things done”, he adds.

The mobilcash Prepaid Twin Card will be offered to the existing customer base of mobilcom-debitel initially, but will also be available to any consumers that move funds internationally. “mobilcash is an attractive state-of-the-art product in the area of International Mobile Money Distribution – with a huge competitive edge in terms of price, service and usability. That makes it a perfect match for our existing product portfolio and the next step into mobile money services”, says Antonius Fromme, Head of Customer-management at mobilcom-debitel.

Anyone living in Germany and supporting family or friends abroad can benefit from the mobilcash solution. It is also a very interesting proposition to families or couples where one member frequently travels internationally. With the prepaid twin cards money can easily be assigned from one card to the partner card. The recipients have immediate access to the available balance. The cards can be managed online, via mobile phone SMS commands, or with an innovative and award winning voice authentication system. Since the product is a MasterCard program, customers can pay at more than 30 million points of sale and withdrawal funds at more than 2 million ATMs globally.

About freenet Group / mobilcom debitel:
The freenet Group is the biggest network-independent telecommunications provider in Germany. In the course of its activities in mobile communications the freenet Group concentrates on the strong mobile communications brand “mobilcom-debitel” with a long-term brand and product strategy, which will put a stronger focus on customer needs. The freenet Group is the largest independent sales and distribution platform for mobile communications and fixed-line products in Germany, with about 1,000 exclusively branded shops and circa 6,000 points of sale alongside its proven online and direct-to-customer sales channels. This puts freenet in a position to provide independent consultation to its customers, across all networks and products.

About VoiceCash:
VoiceCash specializes in International Mobile Money Transfer. The VoiceCash services enable mobile users to share money with family members or friends abroad. VoiceCash Bank has a full European SEPA Banking license. Thus VoiceCash appears as a turnkey supplier for money transfer services offering mobile operators, banks and other service providers a central processing system for worldwide mobile transactions. For more information, see http://www.voicecash.com

© 2010 VoiceCash Bank Ltd. MasterCard is a registered trademark of MasterCard International Incorporated. The Card is issued by Newcastle Building Society ("NBS") pursuant to licence by MasterCard International Inc. NBS is authorised and regulated by the Financial Services Authority as an issuer of e-money (registration no. 156058).

VoiceCash Services GmbH & Co. KG
Geisenhausenerstr. 15
81379 Munich

Contact:
Vito Tassone
Director International Partnerships
E-Mail: press@voicecash.com
Phone: +49-89-452284-0
Fax: +49-89-452284-100

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