Miami, FL

EMIDA Technologies is deploying a growing transactional network which enables electronic prepaid service distribution, money transfer and stored value card processing targeting the Global Hispanic market.

The company has contracted networks in over a dozen countries, including the US and in Latin America and Europe. Emida provides a robust transactional platform based on web service technology which has been designed to convert any point of sale system into an electronic distribution and payment center, capable of processing multiple transactions. The network is targeting an estimated 250 million Hispanics and Latin Americans excluded from the electronic transaction and banking world today, due to their lack of credit and banking relationships. Yearly expenditures in this sector are estimated to exceed $300 billion.

www.emida.net