Calpian’s Subsidiary Money-On-Mobile receives Prestigious Award from Indian Merchants’ Chamber

Share Article

'Excellence in Information Technology Service for a Large Enterprise’ is awarded to Money-on-Mobile, an Indian Pre-Paid Mobile Payment Solution

Calpian Inc. (OTCQB: CLPI), a global processing and mobile payments technology company that offers traditional domestic transaction services, and leading international mobile payments solutions through its Indian subsidiary, Money-on-Mobile, is pleased to announce that Money-on-Mobile, India’s largest mobile payments company, has been recognized for Excellence in Information Technology Service by The Indian Merchants’ Chamber.

The Indian Merchant’s Chamber, established in 1907, is recognized as India’s top chamber of trade, commerce and industry with 3,000 members and headquarters in Mumbai. Mahatma Gandhi was an Honorary Member of IMC, the only chamber in India to have this privilege. The highly competitive award, including entries from many of India’s top large IT companies, acknowledges Money-on-Mobile for providing outstanding financial services by a large enterprise. Additionally, the award cites the business challenges faced and addressed by Money-on-Mobile’s software teams, the innovative use of technology and how the solutions have helped customers in terms of improved customer efficiency, market share and employee productivity.

Money-on-Mobile is a pre-paid mobile payment solution distributed through over 174,000 retail locations with over 80 million cumulative unique users in India. Money on Mobile CEO Shashank Joshi stated, "We are very proud of our team and their continuing efforts to be the best in our field. We are very humbled by this award!"

About Calpian, Inc.
Calpian, Inc. (OTCQB: CLPI) is a publicly traded payment processing company with corporate offices in Dallas, Texas and Atlanta, Georgia and mobile payments emerging-market operations through Money-On-Mobile, its subsidiary in India. 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. Please visit our website at for more information.

Note to Investors:
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K-A filed on April 30, 2013 and the Form 10-Q filed on August 14, 2013. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Mark Mayad
Calpian Inc.
+1 (214) 758-8626
Email >
Visit website