Category: Investment, Mobile Payment, Technology
Mobile Payment Stock Trading Alert: Calpian, Inc. (CLPI) Gains 15%
Company reports January processed transaction volume was approximately $11.9 million
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Visit this company: Calpian, Inc.
February 7, 2013 (Investorideas.com mobile payment stocks newswire) Investorideas.com, a leader in sector research for independent investors issues a trading alert for mobile payment stock Calpian, Inc. (OTCQB: CLPI). The stock is up over 15% in today's trading on light volume.
On Tuesday the Company reported that, as of January 31, 2013, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by over 122,340 retail locations, increased from 118,000 on December 31, 2012, and accessed by approximately 35.8 million unique phone number customers, up from the 32.5 million reported from the previous month. The January 2013 processed transaction volume, measured in Indian rupees, was 636.7 million INR – an approximate 16 million increase over December 2012 processed volume. At current exchange rates, January processed transaction volume was approximately $11.9 million.
Corporate presentation and profile:
About Calpian (OTCQB: CLPI)
Calpian, Inc. (CLPI) is a publicly traded company with corporate offices in Dallas, Texas and mobile payments emerging-market operations through its subsidiary in India. Calpian's U.S. business focuses on the 10,000 Independent Sales Organizations (ISOs) that serve approximately two million small merchants across all industries in the U.S. who pay an estimated $1 billion in annual residuals. Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 122,340 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.
www.calpian.com and http://www.money-on-mobile.net/.
Follow CLPI on Twitter : http://twitter.com/CalpianInc
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