iSend Passes Milestones on Way to Global Coverage in Cross-Border Electronic Payment Services

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Company's ever-expanding service-delivery footprint means greater convenience for consumers worldwide

iSend Worldwide

“Even in a down economy, the number of people in developed countries who need to support family members and friends in developing countries continues to grow," said Steve LaBella, president and CEO of iSend.

iSend, a leading U.S. electronic payment service for people who support family members in other countries, announced today the completion of several major milestones toward its goal of achieving global coverage for its services, which today include mobile phone top-up, cross-border bill payment and cross-border gift cards. Those milestones include:

  •     Service delivery throughout the developing world. iSend now has direct relationships with predominant mobile carriers, bill payment processors, and retail chains throughout the Americas, the Caribbean, Africa, Europe, Middle East and Asia, including the Indian subcontinent. iSend’s ever-expanding service-delivery footprint means greater convenience for those who initiate cross-border payments.
  •     Service origination in over 100,000 retail outlets. iSend mobile top-ups, bill payments and gift card procurement can now be arranged in over 100,000 retail outlets throughout the U.S., Canada and the UK, including convenience stores, supermarkets, check cashers and additional retail businesses.
  •     Aryty free trials in 24 countries. iSend’s online mobile top-up service, aryty.com, now offers potential customers the opportunity to try before buying with free call-minute loads that can be delivered to family members and friends in 24 countries.

“Even in a down economy, the number of people in developed countries who need to support family members and friends in developing countries continues to grow, and electronic payments has become their preferred method of providing financial assistance,” said Steve LaBella, president and CEO of iSend. “Thanks to the support of our investors, the global business community and our first-rate executive team, iSend is poised to capture an increasing share of this fast-growing market by adding more partners in more developing counties, more retail outlets at home and more payment services on our way to global coverage.”

About iSend
iSend is a leading international electronic payment service that provides unprecedented options for people who support family members in other countries. Customers control the use of the funds they transfer, including topping-up individual family members’ prepaid cell phones, paying recurring monthly bills and sending gift cards for merchandise at specific stores. Transfers can be arranged for recipients located in more than 40 countries including Anguilla, Antigua and Barbuda, Barbados, Brazil, British Virgin Islands, Cayman Islands, Colombia, Cuba, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, India, Jamaica, Mexico, Montserrat, Nicaragua, Panama, Peru, the Philippines, Puerto Rico, Russia, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Trinidad & Tobago, Turks & Caicos, Uruguay and Venezuela. For more information, including the growing roster of retail locations and countries, visit http://www.isendworldwide.com.

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Kari Walker
Carabiner Communications
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