As posted on Yahoo! News this morning: Fort Lauderdale, FL (PRWEB) October 20, 2011 This alliance aims to develop mobile payment solutions and international telecommunications supported by an integrated platform of telecommunications, mobile transfer, mobile payment, top up and prepaid debit cards that facilitate monetary transactions and purchases. As a result, the cost of local and international calls in the region will be reduced.
As posted in SFGate this morning:
Fort Lauderdale, FL (PRWEB) October 17, 2011 - XY Prepago (a GTEL group company) and Paytoo (a universal mobile services provider) reached an agreement that will allow the joint provision of virtual and telecommunication services from any mobile phone in Ecuador and the world. The agreement was ratified in Miami by Santiago Arroyo, Product Innovation Manager of the G-Tel Group, through its XY Prepago business unit and by Michel Poignant, CEO of Paytoo.
This alliance aims to develop mobile commerce and international telecommunications supported by an integrated platform of prepaid virtual VISA international credit cards that facilitate monetary transactions and purchases reducing the cost of local and international calls in the country.
As posted on Yahoo! News this morning:
Fort Lauderdale, FL (PRWEB) October 13, 2011
Today, Paytoo, the mobile wallet solution leader in cutting edge telecommunications and payment services, announced it has entered into a strategic partnership with Paymentez, the all-inclusive, social games and virtual content payment platform represented online and at more than 500,000 point-of sale kiosks spread throughout retail stores and Internet cafes in Latin America. This agreement brings Paytoo’s services to Paymentez’ network which currently includes Argentina, Brazil, Chile, Colombia and Mexico.
With the instant issuance of a virtual Visa card from Paytoo’s mobile wallet, banked and unbanked consumers within these countries are able to access the Paymentez System to pay for games and various other services that Paymentez plans to offer in the future. Just like with a regular physical Visa card, consumers can now load money onto their Paytoo virtual Visa cards and use it for all types of purchases through the Paymentez gateway.
Originally posted on TMCnet - September 29, 2011
We at Paytoo agree with Keith Rabois’ stance on NFC (Near Field Communications) in his recent interview with GigaOM founder, Om Malik. In addition to Mr. Rabois’ many reasons why NFC will not work, we believe NFC’s feasibility issues begin with the business model and proposed allocation of profits. Too many players would have to get involved, including, but not limited to banks, telecom providers, network operators and handset manufacturers.
Distributing profits amongst all these players and keeping everybody satisfied would be extremely complicated. Sure, there are many big name companies that have already invested in NFC technology and implementation, but they are largely underestimating the amount of change that would have to occur for NFC to succeed – behind the scenes and in the marketplace.
Paytoo now offers Virtual Visa Cards!
Just like with a regular physical Visa Card, Paytoo has now made it possible for you to load money onto your Virtual Visa Card and use it for purchases wherever Visa is accepted by simply entering your card information during checkout!
To load money onto your card, just follow any of the four ways below. You’ll be ready to make purchases in no time!
- From your computer: Visit www.paytoo.com, log into your account and select “Cash out to a Virtual Card” from the Cash Out menu.
- From your smartphone: Visit www.paytoo.mobi, log into your account and select “Paytoo Wallet to a Virtual Credit Card” from the Cash Out menu.
- By SMS: Send a text in this format: VCamount#securitycode to 1 (201) 345 5992 if in the United States (and +44 762 481 4675 internationally). (For example, VC200#123456).
- By IVR: Call 1 (305) 722 5874 and follow the prompts.
Feel free to review the brand new Quick Guide within your dashboard on Paytoo.com for additional instructions. If you have any further questions or require immediate assistance, please don’t hesitate to contact us.
Thanks!
The Paytoo team
Article from: NFCNews.com
Friday, August 26, 2011
Paytoo has announced the addition of a multi-currency mobile payment platform to its SIM-based mobile wallet.
According to Paytoo, the company’s mobile wallet service now supports international, mobile multi-currency transfers across the globe in real time, as well as online mobile payments and prepaid account top up through 185 mobile operators in 85 countries.
“Real-time transactions can be made from virtually anywhere in the world,” said the company in a release. “Users can transfer funds from Ecuador to Nepal and all points in between. For the daily needs of the unbanked population, Paytoo’s system is more efficient than any other solution in the current marketplace.”
Paytoo operates through the USSD network and is compatible with any operating system, mobile operator and handset, according to the company.
The solution is currently available in 60,000 US locations and over 400,000 worldwide that accept cash deposits - most recently in Ecuador, Argentina, Paraguay, and Mexico.
Now you can place and receive cheap international calls a number of different ways with Paytoo.
- VoIP: When you are on the go, connect for free with our softphone (PC only), your smartphone under a WIFI Hotspot or when you get 3G speed. If you wish to use a softphone and do not have a PC, Paytoo is compatible with any SIP VoIP software that you’ll find on the net and we will provide you with a working SIP number. Log into Paytoo your Paytoo admin, select My Telecom Services -> VoIP Settings and follow the prompts.
- Paytoo SIM card menu: Go to your SIM menu and select My Telecom Services and follow the prompts.
- SMS Call Back: Send an SMS containing the phone number you wish to call (country code first) to 1 (201) 345 5992 if in the United States (and +44 762 481 4675 internationally). Paytoo will call you right back with an established connection. (Cost of sending a text will apply based on your phone provider.)
- Web Call Back: Login to your Paytoo account, access the admin and select My Telecom Services -> Web Call Back. Enter your phone number and Paytoo will establish the connection.
- Virtual Long Distance Card (aka local gateway): Log into your Paytoo account, access the admin, then select My Telecom Services -> Long Distance Calling and follow the prompts.
- With your local phone number: Avoid the hassle of carrying around long distance calling cards. Access the Quick Guide within your Paytoo admin and call the phone number for the country you wish to dial.
Feel free to review the brand new Quick Guide within your Paytoo admin for additional instructions. If you have any further questions or require immediate assistance, please don’t hesitate to contact us.
Thanks!
The Paytoo team
With your Paytoo Bank card, you can now make payments to many stores and withdraw your money at ATMs! You can also have your friends and family open a Paytoo account and they can be eligible for their free worldwide Paytoo Bank card. You will be able to send money to their cell phones that they can then transfer to their Paytoo Bank card instantly. How?
- From your computer, visit www.paytoo.com and use the “Send Money” menu to access your Paytoo prepaid card.From your smartphone, visit www.paytoo.mobi and use the “Cash Out” menu to access your Paytoo prepaid card.
- From your registered cell phone, send a text in this format: ATMamount#securitycode to 1 (201) 345-5992 if in the United States (and +44 762 481 4675 internationally). The money will be sent from your wallet to your Paytoo Bank card. (For example, to withdraw $300: ATM300#123456).
- With your Paytoo SIM, go to your SIM menu and go to Paytoo services -> Send Money -> Prepaid card.
- By IVR, call 1 (305) 722 5874 and follow the prompts.
Don’t have a Paytoo Bank card yet? No problem! Log into your Paytoo account online and select the “Need cash? Order your prepaid Paytoo card” option.
Feel free to review the brand new User Guide within your Paytoo account settings. If you have any further questions or require immediate assistance, please don’t hesitate to contact us.
Thanks!
The Paytoo team
Paytoo now offers Top Up to more than 185 mobile telecom operators in over 80 countries around the world!
- From your computer: Log into Paytoo.com, click on the “Add credit Mobile Account” icon and follow the prompts.
- With your smartphone: Log into Paytoo.mobi and use the “Send Credit” menu to access the Top Up options.
- With your registered cell phone SIM or using a Paytoo SIM: Send a text in this format: TOPphonenum#amount#securitycode to 1 (201) 345 5992 if in the United States (and +44 762 481 4675 internationally). (For example, TOP19540000000#25#123456).
- By IVR: Top up by calling 1 (305) 722 5874 and following the prompts.
A list of countries and phone companies can be found in the User Guide in your Paytoo admin. Always check to ensure that the intended recipient has a phone company that we support. You can check the supported network and accepted denomination by sending a text in this format: TOPXXXXXXXXXXX to 1 (201) 345 5992 if in the United States (and +44 762 481 4675 internationally). The system will reply with the accepted network and denominations. When done, the recipient will receive confirmation of the Top Up on their cell phone.
As Paymotech and Paytoo continue to grow, changes in our products and services are inevitable and may occur without notice.
