Paytoo Enters into the Social Game Arena through Its Partnership with Paymentez

Fort Lauderdale, FL (PRWEB) October 13, 2011

Today, Paytoo, the mobile wallet solution leader in cutting edge telecommunications and payment services, announced it has entered into a strategic partnership with Paymentez, the all-inclusive, social games and virtual content payment platform represented online and at more than 500,000 point-of sale kiosks spread throughout retail stores and Internet cafes in Latin America. This agreement brings Paytoo's services to Paymentez' network which currently includes Argentina, Brazil, Chile, Colombia and Mexico.

With the instant issuance of a virtual Visa card from Paytoos mobile wallet, banked and unbanked consumers within these countries are able to access the Paymentez System to pay for games and various other services that Paymentez plans to offer in the future. Just like with a regular physical Visa card, consumers can now load money onto their Paytoo virtual Visa cards and use it for all types of purchases through the Paymentez gateway.

"This partnership is an exciting development for our company, said Simon Holbrook, Chief Marketing Officer of Paytoo. Im thrilled that we have Paymentez cooperation in providing their Latin American online consumers with a virtual card that is extremely safe and easy to use.

At Paymentez were always looking for ways to help companies like Paytoo to reach and monetize the audience from Latin America. We really think this partnership will represent an important step in the Latin American way to do digital business, said Fernando Paradiso, Business Development Manager of Paymentez. Paymentez technology simplifies the collection processes of online and offline micropayment for Zynga, Playfish, Sulake and their many other customers.

About Paymotech

Paytoo is a registered brand of Paymotech Group, which was formed in 1999 through its Swiss Holding parent company, Deutsche B