SINGAPORE and COQUITLAM, British Columbia, Aug. 16, 2011 /PRNewswire/ -- Leading airtime remittance services provider TransferTo and PortaOne, Inc., a global provider of software for the communications and utility industries, today announced the successful completion of interoperability testing between PortaOne's PortaBilling platform and the TransferTo service. Now, service providers using PortaBilling can offer their end-customers the powerful ability to top-up the prepaid phones of friends and relatives back home, enabling them to tap into a market currently responsible for $380 billion (USD) in asset transfers globally each year.
Since 2005, TransferTo has been processing top-up transactions across national borders via its global airtime network. Designed to meet the needs of emigrants, travelers and other individuals living and working outside their homelands, TransferTo currently interconnects 185 partner mobile network operators in 70 countries. End-customers now make millions of transfers via TransferTo each month via mobile phones, the Internet and participating retail locations.
The interoperability of TransferTo with PortaBilling brings even greater value to one of the telecom industry's most reliable billing, provisioning and customer management platforms. Capable of acting as the nerve center of a modern VoIP telecommunications network, PortaBilling supports the launching, pricing and provisioning of a full range of telecom services. PortaBilling performs ratings for services, creates transaction records and automatically modifies customers' balances; furthermore it provides a unified platform for multiple services, enabling clients to charge for their voice calls, messages, and data transfer, thus effectively deploying triple-play on a single network.
"The interoperability between PortaBilling and TransferTo will allow PortaOne customers to generate immediate additional revenues from the ethnic market. This beyond-voice, value-added service is specially designed for the migrant customer segment," said Eric Barbier, TransferTo's CEO . "While improving service provider's ARUP, customer loyalty and brand visibility, remote top-up also solves a problem faced by most migrant customers. Not unlike classic money remittance channels, international top-ups are the ideal solution for cost-effective small value transfers."
"Hundreds of millions of people worldwide seek the kind of service TransferTo provides, making its availability alongside PortaBilling a strong market advantage for our VoIP service providers," said Roman Khalenkov, Sales and Marketing Director for PortaOne. "We're excited to be able to offer this powerful new service—one that will significantly enhance the competitive position of PortaBilling subscribers in countries around the world."
For more information about PortaSwitch, email PortaOne at firstname.lastname@example.org or call 866 SIP VOIP (866 747 8647) or +1 604 628 2508 outside North America. Additional information about TransferTo can be found at www.transfer-to.com.
Based in Canada, PortaOne is a leading global provider of software for the telecommunications and utility industries. The company's products enable service providers, producers and carriers to run a broad line of retail and wholesale services within a single software package. PortaOne's flagship products, PortaSwitch and PortaMDM (www.portamdm.com) are a fundamental part of the business infrastructure at hundreds of service provider locations worldwide. To learn more, visit www.portaone.com.
TransferTo is a Global Airtime Remittance Hub that interconnects mobile operators' prepaid systems to deliver end to end cross border top-up services. TransferTo is the only fast, convenient and reliable solution enabling the transfer of small amounts of value in the form of prepaid mobile credits, the ideal low cost, high value complement to cash remittances. TransferTo has been designed for migrants and travellers, who can now remotely recharge the prepaid phones of their loved ones back home from their mobile phones, the Internet or at a retail location. TransferTo is a must have Value Added Service for Mobile Network Operators, Retailers, Money Transfer Operators and Financial Institutions targeting the ethnic market segment. With a global reach over five continents, TransferTo is the leader in international prepaid airtime remittances, and enables real time prepaid top-up transfers to over 185 partner Mobile Network Operators in 70 countries, reaching 3.6 billion prepaid users.
TransferTo is part of Ingenico (Euronext: FR0000125346 - ING) the world's leading provider of payment solutions, with over 15 million terminals deployed in more than 125 countries. Its 3,000 employees worldwide support retailers, banks and service providers to optimize and secure their electronic payments solutions, develop their offer of services and increase their point of sales revenue.