Quippi, The International Shopping Card, Launches To Help Immigrants In The U.S. Support Their Families Abroad

Available for Purchase in the U.S. and Redeemable at Selected Major Retailers throughout Mexico

Nov 05, 2013, 11:13 ET from Quippi

SAN DIEGO, Nov. 5, 2013 /PRNewswire/ -- Quippi, the first International Shopping Card, launched today empowering immigrants living in the U.S. to make the most of their hard-earned money and support their loved ones abroad. This fee-free, fast, secure and convenient international service is available for purchase in California and Texas, and can be redeemed at participating retailers throughout Mexico, such as Chedraui grocery and Coppel department stores.

Quippi cards, offered in denominations of $25, $50 and $100, can be purchased at www.quippi.com with a credit card, debit card or cash. Cash purchases can be completed in participating 7-Eleven® and ACE Cash Express® stores via PayNearMe, the electronic cash-transaction network. Quippi cards can also be purchased at thousands of independent retailers that offer prepaid products. Upon purchase, consumers receive a unique Quippi PIN code to share with their intended recipients abroad via phone, text message or email. This code can be immediately redeemed at Chedraui and Coppel stores throughout Mexico.  Additional retail partners will be announced soon.

"Millions of hardworking individuals in the U.S. support their families back in their home country, but it costs them far too much to do so," said Michael Aleles, founder and CEO of Quippi. "As the first International Shopping Card in the market, Quippi was created to offer a better service that enables consumers to take care of their families abroad without having to pay additional fees or deal with delays. It's exciting to see how much money we can help our consumers save."

Quippi offers numerous benefits to consumers in the U.S. and Mexico, including:

  • Fee-free – no commissions or hidden charges for the purchaser in the U.S. or the recipient in Mexico
  • Easy to purchase – consumers only need to provide their name and a valid email address at the time of purchase
  • Fast and secure to redeem – since transactions are completed in real time, recipients in Mexico can go shopping as soon as they receive the Quippi PIN code from their loved ones in the U.S.
  • Convenient – Quippi cards are redeemable for thousands of items at participating retail partners across Mexico. In addition, Quippi PIN codes never expire, and the purchaser can easily track their purchases at www.quippi.com

"Consumers today are looking for quick, convenient and secure options that help them make the most of their money," said Kunal Kumar, VP of Business Development at PayNearMe. "Just as we make people's lives easier by allowing them to pay for online purchases with cash at thousands of 7-Eleven and ACE Cash Express locations across the U.S., Quippi is breaking down barriers by making it convenient for consumers to help their loved ones and share their financial resources across borders."

"With Quippi and Coppel, now you can support your loved ones back in Mexico quickly, easily and safely," commented Juan Carlos Rubalcaba, Director of New Business at Grupo Coppel.

As part of Quippi's mission to empower consumers, the company has also launched The Quippi Ambassador Program, a network of everyday consumers who earn commissions for referring their families, friends and acquaintances to Quippi. Purchasers will also receive an instant discount. To learn more about the benefits of the Quippi Ambassador Program, interested individuals can visit http://ambassador.quippi.com.

In the next few months, Quippi brand ambassadors will be at various community festivals throughout California and Texas, to interact with consumers and encourage them to learn more about the International Shopping Card.

For more information about Quippi and how it helps consumers share their resources without boundaries, visit www.quippi.com, www.facebook.com/quippi or www.youtube.com/quippiusa.

About Coppel
Coppel, S.A. de C.V. is a chain of department stores that since the 1940s has offered furniture, housewares, electronics, appliances, tires, bicycles, toys, watches, optical, cell phones, clothing, and shoes to the Mexican market. Coppel has over 75,000 employees and a presence throughout Mexico with 1,027 stores in three formats: 623 Coppel stores, 339 Coppel Canadá shoe stores and 65 small format stores with limited selection. Coppel began offering financing in 1970 to its clients for in-store purchases with the Coppel card, and starting in 2004 Coppel began to offer loans to its valued clients. Approximately 80% of sales are financed using credit, without commission, at an attractive price, allowing customers to pay for their purchases monthly. Coppel has a database of 24.5 million people, of which 10.5 million are active credit customers.

About Chedraui
To learn more about Chedraui visit www.chedraui.com.mx

About PayNearMe
PayNearMe is the electronic cash-transaction network that enables consumers to pay rent, transfer money, repay loans, buy tickets, make online purchases and do much more with cash. Consumers can conveniently make payments 24/7 in their own neighborhood in less than 60 seconds at one of nearly 10,000 participating 7-Eleven® and ACE Cash Express® stores across the United States.

About Quippi
Quippi is the first fee-free International Shopping Card that empowers immigrants who live in the U.S. to support their loved ones abroad. Quippi's cards are accepted at major retailers in Mexico, including Chedraui and Coppel. The service launched in October 2013 and is based in San Diego, California. To learn more, visit www.quippi.com.

SOURCE Quippi



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