2014

Mobile Accord and Payfone Team Up to Expand Global Mobile Donations New partnership to allow donations in real-time from any device, such as PC, smartphone, tablet or Wi-Fi, via mobile giving platform, mGive

NEW YORK and DENVER, Aug. 24, 2011 /PRNewswire/ -- Payfone, a leading mobile payment processing service, and Mobile Accord, an innovator and leader in mobile technology for nonprofit organizations, today announced a strategic partnership to expand the mobile donation channel for nonprofits and non-governmental entities worldwide. Through the partnership, nonprofits will be able to expand the power and reach of mobile donation offerings through alternative payment options allowing donations in real-time from any device, such as PC, smartphone, tablet or Wi-Fi, via Mobile Accord's mobile giving platform, mGive.

"As the premier provider of mobile giving, it is absolutely critical we offer the nonprofit community a secure technology platform that ensures real-time delivery of safe, secure donations with accurate reporting and visibility into all transactions," said Nim Patel, CEO of Mobile Accord. "Our goal is to offer donors across the globe the ability to make charitable donations from any device at any time. Through our partnership with Payfone, we are able to continue delivering on that promise."

Mobile Accord's mGive platform empowers individuals and entire countries to facilitate change using its revolutionary scalable services including mobile giving. mGive has been the standard for mobile giving since 2008, resulting in over 7,000 nonprofit mobile campaigns worldwide and is the platform of choice for high-volume campaigns like fundraising for relief efforts in Haiti and Japan, raising over $46 million in donations. Mobile Accord continues to work with nonprofit and nongovernmental organizations to enhance mobile fundraising and engagement for social good.

"Through Mobile Accord and mGive, its state-of-the-art mobile giving technology platform that is specifically targeted to support nonprofits, we can offer nonprofits one of the most robust and secure methods of conducting donations from any device - an industry first," said Rodger Desai, chief executive officer, Payfone. "We are pleased to be working with the leader in mobile giving, and look forward to delivering an entirely new method of mobile donation that offers greater ease, flexibility and security, while opening up the global opportunities around philanthropic giving."

Payfone is unique in leveraging the existing assets of mobile operators for directly connected payment authorization and processing. This approach distinguishes Payfone from other competitors. Payfone's unique IP focuses on delivering the best user experience, while closely managing fraud using new factors of authentication that are inherent in the mobile operator networks. This translates into one of the most secure and frictionless user experience, across any device. Payfone's ability to directly integrate with the operator's network and intelligently identify a subscriber's profile, makes it the only company capable of securely streamlining the entire mobile payments process.

About Mobile Accord

Mobile Accord is a mobile platform and services company providing enterprise level solutions focused at driving social change. Founded in 2005, Mobile Accord was the first company in the U.S. to offer mobile tools specifically built for nonprofit organizations. Mobile Accord, through its mGive service line, currently serves more than 500 leading U.S. philanthropic organizations and has processed more than 85% of all funds raised via mobile giving. The mGive Foundation is the charitable partner of Mobile Accord. For more information, please visit www.mobileaccord.com, www.mgive.com and www.mgive.org.

About Payfone

Payfone authorizes and processes mobile payment transactions for the world's best known application stores and merchants. Payfone's unique ability to leverage the mobile operator network to directly authorize and process payments drives higher sales conversion and revenue yield for merchants and mobile operators,hile managing fraud and revenue leakage.  As a result, consumers benefit with a wide choice in payment methods and the best user experience. Additional information is available at www.payfone.com, www.twitter.com/payfone, LinkedIn and Facebook.

SOURCE Payfone



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