Silicon Valley-based payment processor completes 12 bank integrations over the past year in support of new card-based, virtual and mobile payment programs worldwide

REDWOOD CITY, Calif. – June 4, 2013 – i2c Inc., a Silicon Valley-based provider of cloud payment processing and emerging commerce solutions, announced today that it has expanded its global network of sponsor bank partnerships. Over the past 12 months, i2c has completed integrations with 12 sponsor banks, enabling its clients to launch new card-based, virtual, and mobile payment programs in 17 different countries.

Eight of the new bank relationships support programs outside of the United States, highlighting the global demand for emerging financial services such as prepaid products, mobile wallets, and mobile remittance services. i2c’s Chief Executive Officer, Amir Wain, says the global and mobile-centric nature of this demand is fueling i2c’s continued growth outside of its home market.

“Financial institutions, program managers, and brands looking to take advantage of the global growth in emerging financial services need a payment processor with fully developed mobile, multi-lingual, and multi-currency transaction technology. i2c offers these capabilities, as well as integrated loyalty capabilities, through a single platform that can be deployed quickly anywhere in the world with a low total cost of ownership,” comments 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