OREM, Utah -- Q Comm International Inc., a provider of prepaid transaction processing and electronic point-of-sale (EPOS) distribution solutions, has entered into a contract with STi Prepaid Distributors, a provider of prepaid calling cards in the United States, and STi Mobile, an affiliate, to significantly enhance the Q Comm prepaid product suite with more than 20 new prepaid wireless and long-distance products.
Merchants within the Q Comm network can now sell any of more than 20 prepaid products for wireless and long-distance telecommunications from [image-nocss] STi Prepaid Distributors and STi Mobile. STi Mobile is a pay-as-you-go prepaid wireless phone service which requires no contracts, credit checks, monthly bills or deposits.
STi Mobile offers nationwide coverage and low per-minute rates for nationwide and international dialing through its arrangement with Sprint, which allows STi Mobile to reach more than 250 million people nationwide. Additionally, STi Mobile offers consumers a choice between unique rate plans. For example, consumers can choose between plans that offer rates as low as 10 cents per minute or plans priced at 18 cents per minute that include free international calling to select destinations. STi also differentiates itself with airtime that never expires and free handsets after mail-in rebates.
STi Prepaid Distributors offers prepaid phone cards for all types of long-distance calling needs. With Q Comm, merchants will now electronically generate and physically produce STi's leading national and local-access cards on demand, without carrying inventory. The national card offering includes STi's popular brands such as Extreme, Explore, Africa, Mundo, and Te Quiero Mexico. These cards feature an 800 number that allow usage from anywhere in the continental United States. Lower-rate, local-access cards that bypass 800-number charges are also available.
Earlier this month, Q Comm also announced a partnership with American Cash Exchange Inc., a personal payment solutions provider and creator of the Poni PIN Card, a United States-to-Mexico money remittance card sold in peso values. Under the terms of the agreement, Q Comm International will process sales of the Poni PIN Card in relevant geographic areas throughout the United States, beginning in the fourth quarter of 2005.
Poni PIN Cards enable international remitters living in the United States to purchase and instantly transfer money to Mexico. The recipient uses a Poni Cash Card to withdraw Peso transfers from over 26,000 ATM machines in Mexico, any day and any time of the week, including holidays. There are no hidden markups or backend fees charged to the recipient. No bank account is required to transfer the funds and the Poni PIN Card also includes a free call to Mexico to communicate the secret PIN number found under a scratch-off. Currently one million Poni Cash Cards are in migrant communities throughout every state in Mexico, and because American Cash Exchange Inc. is the only nonbank, noncredit card company authorizing withdrawals from the Mexican ATM network, cardholders have direct access to the Mexican ATM network to withdraw their money.
The Poni PIN Card is currently sold in Las Vegas, Phoenix, Tucson and Chicago, and will soon be available in California, New Jersey, New York and Texas.
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