Press Release

Press Releases


Paytoo Selected As the 2011 Winner of IAMTN's Money Transfer Award for the Americas

16 November 2011

Paytoo is honored to announce that it has been voted the top money transfer company for the Americas in 2011 by the International Association of Money Transfer Networks (IAMTN). Simon Holbrook, Chief Marketing Officer of Paytoo, accepted this prestigious award on behalf of Michel Poignant, CEO, and the Paytoo team at the Global Money Transfer Summit, which took place at London’s Hilton Hotel on Park Lane yesterday.

In 2009, Paytoo became the first universal mobile wallet solution to present customers with a single account that combines mobile payment capabilities and telecom services. “Paytoo’s reliable, patented technology allows for services that are convenient and easily adaptable to the specific needs of customers in countries all over the world,” said Cedric Mayol, Chief Technology Officer and architect of the Paytoo system.

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Paytoo Enters into the Social Game Arena through Its Partnership with Paymentez

13 October 2011

Today, Paytoo, the mobile wallet solution leader in cutting edge telecommunications and payment services, announced it has entered into a strategic partnership with Paymentez, the all-inclusive, social games and virtual content payment platform represented online and at more than 500,000 point-of sale kiosks spread throughout retail stores and Internet cafes in Latin America. This agreement brings Paytoo's services to Paymentez' network which currently includes Argentina, Brazil, Chile, Colombia and Mexico.

With the instant issuance of a virtual Visa card from Paytoo’s mobile wallet, banked and unbanked consumers within these countries are able to access the Paymentez System to pay for games and various other services that Paymentez plans to offer in the future. Just like with a regular physical Visa card, consumers can now load money onto their Paytoo virtual Visa cards and use it for all types of purchases through the Paymentez gateway. [...]

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Many New Products & Exciting Features, a New Admin & User Guide

10 August 2011

Paytoo is happy to announce the release of a new platform that now provides multi-currency transfers and Top Up to 185 telecom providers! Paytoo has expanded significantly and now has over 60,000 locations in the United States and 400,000 worldwide where you can deposit money! Over the past year, we’ve created a new Admin, and we’ve added new products and many exciting features to your Paytoo account that you may not be aware of!

You know that you can transfer money from your Paytoo account to another in real time around the world, but now you can also [...]

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 Paytoo Breaks Through to Entertainment Industry

23 June 2011

Paytoo, Paymotech’s international mobile platform continues with large-scale ecommerce development throughout Canada by partnering with Mediamatic Ventures.

Paymotech, a leader in cutting-edge telecommunications and payment solutions signed an agreement with Mediamatc Ventures, the 24/7 ultimate automated movie and video store.

Paytoo service provides mobile customers with access to the latest mobile technology, mobile payment, mobile transfer, NFC, and POS payment through the Paytoo switch. Through its partnership with Mediamatic Ventures, non-banking customers will now be able to rent movies and videos instantly and securely using their Paytoo mobile wallet account at convenient media kiosks throughout Canada. Now a credit card is no longer needed to rent movies and videos [...]

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Mobile Money - A Solution Ready Today

28 May 2011

Written by Ross MacDonald, CEO of Live Ensure
Google have just announced with some fanfare that they have created a mobile money eco-system. Android users can now use their devices fitted with NFC chips to make payments at selected Points of Sale in the US. This will only be launched on a limited scale some time in the Summer. It is not actually ready yet. (http://googleblog.blogspot.com/2011/05/coming-soon-make-your-phone-your-wallet.html)
There is no doubt that those of us in the ‘advanced’ West will value the utility of being able to swipe our phones (which have become extensions of our very beings) when we buy coffee - the Starbucks app has been out for a while – (http://www.starbucks.com/coffeehouse/mobile-apps) or when we make our day to day purchases. It will be ‘cool’ just as it is cool today to flash an NFC enabled credit card at an NFC enabled POS when making small value purchases. 
However I would argue that the utility, of the full functionality of mobile money transactions, will only be fully appreciated by those living in less developed countries - where few have bank accounts and credit cards but many have mobile phones. 

Written by Ross MacDonald, CEO of Live Ensure

Google has just announced with some fanfare that they have created a mobile money eco-system. Android users can now use their devices fitted with NFC chips to make payments at selected points of sale in the US. This will only be launched on a limited scale some time in the Summer. It is not actually ready yet. (http://googleblog.blogspot.com/2011/05/coming-soon-make-your-phone-your-wallet.html)

There is no doubt that those of us in the ‘advanced’ West will value the utility of being able to swipe our phones (which have become extensions of our very beings) when we buy coffee - the Starbucks app has been out for a while – (http://www.starbucks.com/coffeehouse/mobile-apps) or when we make our day to day purchases. It will be ‘cool’ just as it is cool today to flash an NFC enabled credit card at an NFC enabled POS when making small value purchases. 

However I would argue that the utility, of the full functionality of mobile money transactions, will only be fully appreciated by those living in less developed countries - where few have bank accounts and credit cards but many have mobile phones [...]

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Paytoo Reaches the Top of the World

17 May 2011

Paytoo, Paymotech’s international mobile platform is opening a new corridor and is now available at the top of Mount Everest through its alliance with Online Nepal Services.

Paymotech, a leader in cutting-edge telecommunications and payment solutions signed an agreement with Online Nepal Services, a leading remittance company of Nepal. Together they will bring the world closer to Nepali mobile customers through a network designed to tap into upcoming markets rising towards the next millennium [...]

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The M-commerce “Winds of Change” sweeps the U.S.

12 April 2011

The mobile commerce revolution sweeping the rest of the world appears to be only now hitting U.S. shores with further proof forthcoming in my recent interview with Michel Poignant, CEO Paymotech, who confirmed that his mobile wallet creation called Paytoo Mobile was already available in 250,000 wireless stores elsewhere in the world. His team spent [...]

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Paytoo and Prepay Nation Announce Strategic Partnership

29 March 2011

Agreement to offer Paytoo’s Worldwide mobile customers International Top-Up service through Prepay Nation processing directly from the Paytoo Mobile wallet account

At the CTIA show in Orlando, FL, Paymotech has entered into a strategic partnership with Prepay Nation, one of the fastest growing providers of instant account refills for international prepaid mobile operators, to offer International Top-Up Services for its customers directly from their Paytoo Mobile Wallet account. These solutions are offered worldwide in both emerging and developed markets. Paytoo offers services that include money transfer, mobile wallet, mobile payment solutions, low cost mobile phone solutions and VoIP all integrated into a single product offering [...]

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