PayDirect and PAYTOO® Partner together to offer a mobile wallet platform to money transmitters.

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Thanks to PayToo and PayDirect strategic alliance, faster and safer solutions come with payment mobility and simplicity for Money Transmitters and customers at large.

 Fort Lauderdale, FL, October 2, 2014, PAYTOO Corp., the industry’s mobile wallet standard and PayDirect announced today an unprecedented move in the Money Transfer Services Industry offering a fully integrated payment platform to simplify all their transactions. Both companies view this alliance as an opportunity to offer Money Transmitters, a mobile money transfer solution and other services for their customers while offering cutting edge technology.

We are very excited to partner with PAYTOO®, an industry leader in comprehensive mobile wallet solutions to provide a White Label platform for the Money Transfer industry.” said Steve Bessen, President of PayDirect.

PayDirect powered by PAYTOO® will allow Money Transmitters of all sizes to evolve from the traditional brick-and-mortar model to an advanced and fully integrated technological platform, leveling the playing field throughout the industry.”

This partnership represents an important step for PAYTOO Corp., which now will be able to give the mobile industry an effective and reliable connection to the money-transferring corridor.

It’s a great new step for us to be partner with PayDirect, one of the market leaders and get recognition for the work we have been doing since 2009 to improve the quality of people’s lives.” said Michel Poignant, CEO of PAYTOO Corp.

This new mobile platform for the Money Transfer Industry has been built in an exclusive collaboration of the distinct strengths of both companies: a technological and convenient mobile wallet solution and the industry leading white label payment solution.

The product of this agreement will be included in the formal introduction of the Mobile Platform during the International Money Transfer Conference -IMTC, to be held from October 6th to October 9th at the Eden Roc Hotel in Miami. Come see us at Booth #S1 of the venue.

 

About PAYTOO®PAYTOO™ is a brand of PAYTOO Corp., a US organization founded in 1999. After five years of development, PAYTOO launched the first mobile solution to combine telecommunications and payments into one single account.  This global platform is called the PAYTOO Mobile Wallet™ and is an electronic account and a substitute or alternative to a bank account in which consumers securely store their money and get to spend it, however and wherever they want, without the need of a bank account or prepaid debit card.

To learn more about the PAYTOO® secured account or the other mobile financial products offered by PAYTOO Corp., visit us at http://www.paytoo.com or follow us on Twitter @Paytoo.

Media Relations: Deborah Accos, (954) 414-9623 / deborah@paytoo.com

About PayDirect: PayDirect provides an industry-leading White Label payment solution for the Money Transmitting industry. PayDirect offers Money Transmitters a comprehensive, secure, transparent, and compliant payment platform to receive customer payments via direct debit, e-check, debit cards, and credit cards from a mobile phone, tablet or desktop computer. PayDirect’s flexibility enables us to tailor our services to the specific needs of our clients.

For more information, visit us at http://pay-direct.com or call 877.505.3773

 Contact: Steve Bessen, President, sbessen@pay-direct.com

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