PyxPay teams up with Colixo to jointly deliver prepaid payment solutions in the Philippines

MANILA, Philippines - Nov. 4, 2014 - PRLog -- MANILA, Philippines (October 20, 2014) – Pyx Transfer, Inc. (PyxPay) signed its project teaming agreement with Colixo, Inc. (Colixo) on September 1, 2014, to jointly develop a mobile and prepaid solution in the Philippines. Pursuant to the agreement, Colixo shall be responsible for the system integration, account and project management, while Pyx shall be managing the base software platform.

The relationship of Colixo and PyxPay is complemented by the experience of its respective leadership teams who are immersed in international payments, financial services, and traditional, mobile and payment acceptance methods. Both parties’ expertise aims to service a project with the private sector for the provision of stored-value digital wallet that will enable the users to securely purchase content through multiple channels.

“The significant opportunity to bring innovative and more efficient payment solutions to the Philippines has lead us to identify the need for strategic partnerships. With the expansive network of our COO, Herve Alfieri, we have been able to study and decide to come to an agreement with PyxPay,” narrates Dan Wolbert, CEO of Colixo. “PyxPay’s secure, scalable and customizable technology helped us determine the best payment solution for our customers.”

“There is much anticipation to develop new customer relationships with Colixo. Apart from the payment systems that we have in the Philippines such as international remittance from the U.S., these projects will strengthen our position in the region,” says Maner Puyawan, CEO of PyxPay. “With the strong background of Colixo in implementing payment products in the Philippine market, we expect that Filipino users can fully appreciate the versatility of our payment system.”


About PyxPay Inc.

Pyx develops and markets advanced mobile payment products to consumers, merchants, POS manufacturers, and major strategic partners throughout the world. The Pyx mobile payment system is connected to, and utilized by, 14 banks, numerous remittance companies and the major payment card issuers in Asia, North America, Europe, Africa and the Caribbean.

About Colixo Inc.

Colixo is part of the Narra group of companies, which is a collection of high-technology hardware and software companies, sharing a common set of predominant investors and aiming at delivering new technology to the market place. Colixo has been incorporated to bring innovative, scalable and secure electronic transaction solutions to Philippines specifically, and to emerging countries in Asia generally. The leadership team of Colixo has an extensive strategic and operational experience – as well as successful track records both domestically and internationally – in developing, implementing and maintaining enterprise solutions.


For more information:

Maner Puyawan

CEO, PyxPay Corporation

maner@pyxpay.com (mailto:maner@pyxpay.com%20)