Mango adds several new major retail and distribution partners
September 21, 2008
SCOTTSDALE, AZ – Mango Global Inc. announced today that they have entered into long term strategic contracts that will increase their reach to over 25,000 points of sale by the end of 2009 and over 150,000 points of sale by the end of 2012. Mango recently signed contracts to provide transaction processing services to several major retailers within India including Subhiksha, Jai Kisan, and other distribution consortiums representing over 20,000 independent retailers. In addition, Mango has entered into a multi-year contract with Max New York Life and IBM to provide microinsurance throughout India using Mango’s mobile POS hardware and transaction processing technology.
Mango plans to complete other major partnership deals in India, the US and Mexico by the end of 2008. “Mango was founded on the belief that everyone in the world should have access to affordable transaction and payment processing solutions and we are very pleased with the progress we’ve made this year toward that vision. While we are very excited with the commercial progress we’ve made over the past year, we have also invested a lot of energy in building relationships with best in class technology partners that strengthen our ability to deliver on a global scale.” said Troy Lambeth, CEO of Mango.
Mango is the only true global one stop shop for wireless electronic transaction processing across multiple verticals and applications. From pre-paid mobile recharge to payment processing, from microinsurance to international remittance, we offer the most affordible and flexible solutions for every corner of the globe.