Headquartered in Miami, Florida, Phone1 Inc. is a leading US based service provider for long distance calls worldwide and a division of Phone1 Globalwide, Inc. Phone1 leverages a modern telecommunication network with more than 250,000 payphones connected. Phone1 has been built over seven years and streamlined for payment processing across the U.S. and Latin America. Phone1 is part of a modern banking network operating in the U.S. and Latin America and has direct access to modern local financial networks in Latin America with thousands of ATMs and POS connected.Phone1 has entered into a strategic partnership with paybox, under which paybox will deliver an end-to-end solution for International Money Transfer Services with a focus on the US-Latin America corridor. The solution will use the mobile phone as a front-end for both the sender and the beneficiary to enable extremely competitive fee structures with a focus on family transfers for smaller amounts between $100 and $500. On both sides of the Remittance chain, the solution will offer additional services such as electronic TopUp, Mobile Commerce and Content services, tailored to the different needs of the mobile user.
