Money-on-Mobile Managing Director Shashank Joshi said, "We are focusing our marketing resources to achieve deep penetration in key markets such as Kolkata and the effort is paying off now. In 2013, Money-on-Mobile has increased store count by over 29,000 locations - almost 24%. In July the rate of growth was higher than previous trends."
About Calpian, Inc.
Calpian, Inc. (CLPI) is a publicly traded company with corporate offices in Dallas , Texas , operating centers in Georgia , New York and Illinois and mobile payments emerging-market operations through its subsidiary in India.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 134,200 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments . 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 www.calpian.com for more information.
Harold Montgomery, 214-758-8600
Chief Executive Officer