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Sunday,September 05,2010

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Prepay Point

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Welcome To Prepay Point

With Prepay Point, consumers quickly and easily refill their prepaid accounts -- from prepaid wireless phone airtime to prepaid long distance -- at their favorite retail location. The convenience of this electronic transaction is unparalleled.

The Prepay Point service offers pay-as-you-go options via a point-of-sale terminal at the retailer's counter or through an integrated virtual online terminal system. This service allows retailers to produce refill cards for a customer's prepaid wireless phone on-line in a matter of seconds, without the risks and issues associated with stocking hard/scratch cards.

Today, prepaid is the fastest growing segment in the U.S. wireless industry, supporting 15-17 million prepaid phones. Prepaid users average 1.4 top-ups every month. According to Telcom Services, prepaid revenues are expected to grow from $5 billion in 2003 to more than $20 billion in 2007.

The key word in maximizing the sale of prepaid wireless product is "convenience." The prepaid mobile phone user, when he or she is about to run out of minutes, looks to the closest, most convenient location to refresh their account. They know there is no difference between a T-Mobile $25 PIN sold at one store versus another. They need minutes and they need it now! The reality is that ‘if you offer it, you will sell it' -- and you will sell it in large numbers once your customers discover you carry prepaid wireless.

In addition to its extensive prepaid wireless offering, Prepay Point offers stores the ability to sell prepaid long distance, prepaid healthcare, and bill payment abilities.