FiCentive, SwipePay Mobile Partner on Prepaid and Gift

SwipePay Mobile, Inc. is an innovator in the mobile payments space. In addition to providing prepaid mobile “topup” of a customer’s airtime minutes directly from the mobile device, their product offering consists of other value-added payments services designed for the unbanked subscriber which include P2P payments. SwipePay works with mobile operators, mobile publishers and premium messaging aggregators so their customers have the power to make secure mobile payments without ever needing a physical banking presence or traditional Internet connection.

“This is a way for mobile operators to save money on prepaid related expenses, while maximizing their data and voice revenue within their existing customer case,” according to Chris Wuhrer, CEO of SwipePay Mobile.

Louis Hoch, FiCentive’s President and CEO said, “We are very pleased to be able to partner with such a leader in the rapidly evolving and growing mobile payments space. By virtue of SwipePay’s success in the mobile payments market we are excited about the program and being able to serve as the exclusive card provider to SwipePay. The card program will utilize FiCentive’s ability to issue card numbers in a virtual environment using Virtual MasterCard cards with the option for the cardholder to request a personalized card. We anticipate the program will be available to SwipePay Mobile customers on or about December 1, 2008.”

Chris Wuhrer, SwipePay Mobile’s CEO said, “We believe we have found a perfect partner in FiCentive in that they provide a blending of our mutually unique technologies which places us in a perfect position to continue our leadership in the m-payments marketplace.”