Mi-Pay Features In New Juniper Report Which Predicts

Date: 3/11/2009

According to new analysis from Juniper Research, consumer demand for mobile money transfer services will see users exceed 500 million globally by 2014, principally in developing countries.

Mi-Pay is featured within this latest industry report entitled ‘Mobile Money Transfer & Remittances: Markets, Forecasts & Strategies 2009-2014'. It is profiled within the Vendor & Application section, which gives an outline of our services, key markets and insight into current trends.

Norman Frankel, CEO of Mi-Pay comments, "The Report confirms Mi-Pay's belief that the next few years will bring huge growth in the use of mobile money services. It also highlights that mobile money transfer represents a viable commercial market opportunity despite regulatory, political and commercial challenges. Our work in the Middle East and Africa, shows that Mi-Pay is already bringing down these barriers and that the market is now poised for mobile remittance to really take-off."