MonoBank PLC
MonoBank Announces Agreement with Prepaid Financial Services
MonoBank PLC / Agreement/Contract Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- London, United Kingdom - (For immediate release) - 25th August, 2009 MonoBank PLC, WKN: A0MRLW, FRK: WNW, a company specializing in offering prepaid debit solutions to the credit challenged consumer market, is pleased to announce we have signed an agreement for the provision of a white-label branded prepaid debit card solution with Prepaid Financial Services Ltd. (PFS). PFS is a global payment and processing solution provider located in London, United Kingdom. The PFS solution has been specifically tailored with enhanced functionality to meet the unique requirements of MonoBank PLC, creating one of the most integrated and technologically advanced solutions available today in the transaction processing market. The program rollout will take approximately 12 weeks from start to finish. This re-loadable prepaid card solution - the MonoOne card, integrates mobile payment applications or m-transaction banking combined with the security of the MasterCard(R) (including Chip and PIN) and Visa(R) global processing networks in collaboration with numerous issuing banks around the world. The MonoBank prepaid cards can be used to make purchases and access cash at over 28 million locations worldwide. By collaborating with PFS, MonoBank can provide a proprietary solution offering Internet and SMS/text functionality and Mobile Payment System (MPS) solutions for loading and transfering funds, enabling clients to securely manage their funds using the MonoOne prepaid card and their mobile phone. MonoBank will initially target the UK and European markets with a single card solution - the MonoOne platform. Customer sales and service will support all markets speaking English, French, German, Italian and Spanish. About MonoBank PLC MonoBank PLC, a company incorporated in London, England was founded with the vision of providing products and services to credit challenged prospects. The company's mission is to provide a variety of products and services to the credit challenged and to continue to develop new first-to-market prepaid and debit card programs, building on consumer acceptance and brand recognition while ensuring customer satisfaction. We know that each customer has specific needs. At MonoBank PLC, we strive to meet those specific needs with quality service and individual attention. We pride ourselves in giving customers the solutions they are looking for. Disclaimer & Safe Harbor Statement: This release includes forward looking statements, which are based on certain assumptions and reflects management's current expectations. These forward looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. 'Safe Harbor' Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release contains certain 'forward-looking' statements within the meaning of the Private Securities Litigation Reform Act of 1995. Copyright (c) 2006-2009 MonoBank PLC. All rights reserved. For further information please contact: MonoBank PLC. Investor Relations Department + 44 (0) 20 7788 7986 25.08.2009 Financial News transmitted by DGAP ----------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden