DALLAS--(BUSINESS WIRE)--Calpian, Inc. (OTCQB: CLPI), a global mobile payments technology and processing company, has successfully enabled Apple Pay™ for its merchant customers as they respond to growing consumer interest in the new mobile payment service. In the process of updating equipment and installing Apple services, Calpian merchants report experiencing multiple benefits, including increased security and faster throughput at checkout.
The NFC-based payment terminals required for Apple Pay provide enhanced security whether consumers use Apple Pay or not. Even for non-Apple Pay transactions, the upgraded payment systems allow consumers to maintain control of their credit or debit cards, providing added security benefits. Likewise, customer throughput at checkout is increased because of Apple Pay users and consumer-initiated card transactions in which the card never goes behind the checkout counter.
“When Apple launched the iPhone 6, we received a lot of interest for Apple Pay from our customers,” said Adam F., a deli owner in Dallas. “In anticipation of Apple Pay’s live date, Calpian informed me they could provide the necessary upgrades to my payment system so our store could accept Apple Pay. Calpian quickly had Apple Pay installed and working perfectly in my store. Our customers are happy, and we’re pleased with the added benefits we’re experiencing with Apple Pay and the upgraded payment systems.”
Calpian has long provided merchants with the latest payment technologies, including NFC-based payment solutions. Now, as demand for Apple Pay expands, Calpian is providing its merchant clients with the tools and support they need to accept payments utilizing Apple’s NFC-based payment solution.
About Calpian, Inc.
Calpian, Inc. (CLPI) is a global mobile payments technology and processing company offering mobile payment services through Indian subsidiary Money-On-Mobile and domestic transaction services through Calpian Commerce. Money-On-Mobile is a mobile payments service provider that enables Indian consumers to use their mobile phones to pay for goods and services, or transfer funds from one cell phone to another using simple SMS text functionality. Calpian Commerce provides the U.S. merchant community with an integrated suite of payment processing services and related software products. For more information, visit www.calpian.com.
Note to Investors:
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on August 11, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. Any forecasts that are provided by management in this presentation and are based on information available to us at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products.
