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Mi-Pay to deliver mobile topup services to Carphone Warehouse’s

Date: 19/1/2009

Mi-Pay to deliver mobile topup services to Carphone Warehouse’s new flagship MVNO, Talkmobile. 19 January 2009 – Leading mobile payments provider Mi-Pay has announced that it has been selected again by Carphone Warehouse to provide an indemnified prepaid top-up service to its new MVNO flagship Talkmobile.   The new service will enable Talkmobile subscribers to topup their prepaid accounts directly from their handset and to manage their accounts online through a simple web interface. Mi-Pay already delivers its mobile topup capability to other Carphone Warehouse MVNOs including Fresh, MobileWorld and TalkTalk emphasising the value Carphone Warehouse places on its services. Mi-Pay’s previous topup implementations have delivered significant value, with costs being over 30% lower, average topup values being over 12% greater and customer retention being 20% better than traditional topup channels.  This can add up to an extra £200 customer lifetime value. As with the previous installations, the Carphone Warehouse required a flexible and stable service that can incorporate standard pre-pay and the new generation of hybrid services. However, the new MVNO Talkmobile service will take this to a new level with a fully unified pre-pay payment service across all direct channels to provide a seamless customer experience whilst greatly reducing the potential impact of fraud.  The service also includes a comprehensive self-service web portal that will provide pre-pay users with a complete overview of their account that has only previously been made available to contract users.“Mi-Pay has once again proven its ability to deliver market leading, innovative topup and direct channel services”, said Scott Stewart, Director of Operations & Customer Loyalty. “We are excited to have Mi-Pay on board as a strategic partner and will be looking to continue delivering industry leading services for Talkmobile and the wider Carphone Warehouse MVNO Customers”. "We are delighted to be extending our topup service offering to another one of Carphone Warehouses MVNOs,” said Norman Frankel, CEO, Mi-Pay. “Their decision to extend its current relationship with Mi-Pay is testament to the trust they have in our innovative, revenue generative, secure and reliable service.”