Published:
ANHL Completes Acquisition of Mobile Payments System
RTGV (OTCBB: RTGV): ANHL has completed the
negotiations to acquire the rights to use the iPayu technology from
iFinancial Systems, a privately-owned banking and payment software company.
iPayu is a payment system that uses the mobile telephone and SMS messaging
to initiate small value payments and transfers. iPayu processes electronic
vouchers that can be redeemed at registered merchants either over the
Internet or at an attended Point Of Sale using the mobile phone for
confirmation in both cases.
Barry Fludgate, NMTV's CEO-designate, commented: "iPayu will be placed in
our payments division along side WebPay. This not only strengthens the
company's offering in the payments area, but allows us to be flexible and
innovative. A section of our media division will obviously concentrate on
the teenage market; we can now begin to offer payments via their mobile
phone and that example only represents the first application."
International Financial Systems (www.i-financial.org) with over 21 years of
services to banks, credit unions and financial institutions worldwide will
continue to provide the technical infrastructure to support iPayu and the
payment system.
About NMTV: RTGV, through NMTV, is an online media and electronic payment
systems provider with an aggressive business model to grow unique and
highly profitable consumer and business services both by organic growth of
current assets and by acquisition. NMTV is targeting niche markets in the
areas of Web-TV with embedded internet and mobile payment solutions.
World-leading exclusive multicasting technology underpins NMTV's broadcast
platforms making them very scalable for Video On Demand (VOD), linear
broadcasting and live broadcasts. Two media platforms are being developed,
while payment systems divisions will provide cutting-edge credit, debit,
and e-cash payment services to e-commerce and mobile commerce merchants
offering significant savings over current payment methods. Through Web-Pay
and iPayu, embedding its payment solutions seamlessly into its online media
broadcasting platforms will create a clear differentiation and advantage
for our Company over other broadcast platforms, allowing its customer to
monetize digital assets with no further integration of financial systems.
Furthermore, through its retail sales channel, BMC, NMTV will be able to
brand and productize its media offerings for sale through traditional
retail outlets. NMTV's strategy for each initiative is to maximize ROI for
all stakeholders For RTGV's available Due Diligence, visit our website at:
www.rtgventures.com
Safe Harbor Provisions: The foregoing contains certain predictive
statements that relate to future events or future business and financial
performance. Such statements can only be predictions, and the actual events
or results may differ from those discussed due to, among other things,
those risks described in RTGV's reports filed with the SEC. Opinions
expressed herein are subject to change without notice. This document is
published solely for information purposes, and is not to be construed as an
offer to sell or the solicitation of an offer to buy any securities in any
state. Past performance does not guarantee future performance. Additional
information is available upon request.
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