Payments and emerging commerce platform attains new milestone as client base and product capabilities continue to expand

REDWOOD CITY, Calif. – June 17, 2013 – i2c Inc., a Silicon Valley-based provider of cloud payment processing and emerging commerce solutions, announced today that over 500,000,000 transactions were processed on its platform in the past 12 months, setting a new annual transaction volume record for the company.

The milestone follows a year of rapid global expansion for i2c, which included unveiling a new data center in China and announcing that its annual processing volume in the Latin America & Caribbean region exceeded one billion US dollars. During the same period, the company added new clients across four continents, expanded its network of sponsor bank relationships and further enhanced key product capabilities, such as its mobile wallet and loyalty offerings.

“This is a significant achievement that speaks to the reliability, scalability, and security of the i2c platform. Even with this rapid growth, the i2c organization has maintained service quality, delivering 99.99% availability and an untarnished security record for our clients,” said i2c’s Chief Executive Officer, Amir Wain.

About i2c Inc.

i2c is a global provider of highly-configurable payment and banking solutions. Using i2c's proprietary "building block" technology, clients can easily create and manage a comprehensive set of solutions for credit, debit, prepaid, lending and more, quickly and cost-effectively. i2c delivers unparalleled flexibility, agility, security and reliability from a single global SaaS platform. Founded in 2001, and headquartered in Silicon Valley, i2c's next-generation technology supports millions of users in more than 200 countries/ territories and across all time zones.

For more information, visit i2cinc.com and follow us at @i2cinc.

Media Inquiries:

Terri Thibodeaux
Director, Brand and Corporate Marketing, i2c media@i2cinc.com