Dear reader,

We’re excited to announce two recent partnerships in the financial services space, both of which demonstrate the strength of TransferTo’s business model. These new developments bring us one step closer to our goal of becoming a universal provider of airtime transfers, regardless of technology platform or industry:

• Singapore Post and TransferTo™ Launch Cross-border Mobile Airtime Transfer Service - with 62 locations in Singapore, SingPost is one of the largest Western Union agents in Singapore. SingPost now offers TransferTo airtime transfers as a complement to its cash remittance services.
  
  
  
• Plastyc Selects TransferTo for Mobile Refill - US-based prepaid credit card company Plastyc now offers airtime topups to its Upside Visa cardholders, who can refill their own mobile prepaid account and those of their relatives abroad.

Kind regards,

Eric Barbier

CEO

SingPost and TransferTo™ Launch Cross-border Mobile Airtime Transfer Service

Foreign Communities and Expatriates in Singapore Can Now Top Up Their Loved Ones’ Prepaid Mobile Cards Back Home at SingPost’s 62 Branches

Singapore, 5 July 2010 – Singapore Post Limited (SingPost) and TransferTo™, the international airtime transfer company, today announced the launch of Singapore’s first over-the-counter mobile airtime transfer service. With this new service, foreign nationals living in Singapore can instantaneously top up the prepaid mobile cards of their loved ones back home at any of SingPost’s 62 post offices island-wide.

This mobile airtime transfer service will be a blessing to some 1.25 million non-residents in Singapore, enabling them to maintain strong ties with their families and loved ones abroad. It complements the remittance services available at SingPost’s branches, giving these residents another option to top up overseas prepaid mobile cards, besides the traditional method of cash transfers.

Click here for more info.

Plastyc Selects TransferTo for Mobile Refill

Offers Refill Capability to Financial Institutions

NEW YORK, NY - TransferTo, the leading global airtime transfer network connecting mobile operators across most migration corridors, has expanded its offering to financial institutions. TransferTo has announced that Plastyc, Inc., a provider of personal financial services and prepaid Visa card accounts, as its first client in the US.

Plastyc’s Upside Visa cardholders can now refill their own mobile prepaid account and the ones of their relatives abroad. Cardholders log into the iBankUP online banking site, enter the mobile phone number to be refilled, and select the denomination amount. The refill is performed in real time with a confirmation text message sent to the beneficiary and email to the Upside cardholder. In addition, the cardholder can include a personal message in the confirmation text message.

Click here for more info.