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As an alliance partner, TU-DNRO Inc. is set to implement TransferOrbit's processing power to their network of Mexican dances towards the end of the quarter. "We are very excited to introduce the FonWallet's mobile phone platform at the upcoming concerts in California (which has more than 9 million Mexican nationals) who remit billions of dollars every year to Mexico, the second largest population of Mexicans, next to Mexico City. The market is ready for a new method of transfer, that is a One on One scenario, since the dances are for 7 hours therefore creating the largest Captive Audience Mexican Market in the USA. It establishes an Ombudsman scenario (eliminates the vicious circle) so our market can cash their checks, transfer funds to Mexico, buy their phone cards and all in one place and enjoying the music of their favorite artists from Mexico at a tremendous cost reduction from the price of the dominant transfer company and thus saving a lot of time and money and hassle of going to 3 or 4 stores to accomplish the above. A Win-Win-Win business model. This will be a vigorous campaign and a most favorable scenario for our millions of our customers," said Juan Navarrete, President of TU-DNRO, Inc. "This is a big step forward by TU-DNRO and TransferOrbit to create and establish a dominant position in the market of remittances to Mexico," added Navarrete.
For more information on TU-DNRO, Inc., please visit http://www.tu-dnro.net.
FonWallet is a "transaction facilitator" enabling seamless execution of any transaction or payment across multiple user interfaces, be they TV Set-Top boxes, Mobile Phones, Desktop Computers, Laptop Computers, Point-Of-Sale devices and so on. FonWallet is taking mobile wallet technology and the mobile wallet concept to a new level, in the area's of security, functionality and ease of use. FonWallet is paving the way for a new era in the consumers use of their mobile phones as a secure wallet for banking, traveling, shopping, trading and all other uses of the mobile wallet, in a secure easy to use framework. In addition the FonWallet solution helps all parties significantly reduce the costs of fraud and identity theft. For more information about FonWallet Payment Solutions, visit: http://www.FonWallet.com or email info@FonWallet.com.
TransferOrbit, a Florida Corporation, is an electronic intermediary for money transfer providers. Banks and non-banks use the Company's scalable, turnkey system of proprietary software and secure network processing to facilitate the person-to-person transfer of money on a "private label basis" throughout Latin America. Providers piggyback on the Company's established network in the United States and 17,000 transfer agents in countries throughout Latin America.
SOURCE: TransferOrbit Corporation
Equiti-trend Advisors LLC Andy Arms, 800-953-3350 trbi-info@equititrend.com
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