ProgressSoft Sponsors the Mobile Money Transfer Event, MMT Global

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ProgressSoft, the leading provider of real-time payment solutions, announced today its sponsorship of MMT Global, the world's leading Mobile Money Transfer event, which will be taking place on the 25th & 26th of October, 2010 in Dubai. As the event's Gold Sponsor, ProgressSoft will be present as an exhibitor of recent technological advancements in the mobile money field, in addition to assuming a key participation in the MMT conference.

Bringing together leading players from across the entire MMT ecosystem, MMT Global will feature 40+ top executive presentations and global case studies. MMT Global will see over 400 people come together to network and discuss the latest developments and challenges facing the industry.

"We perceive the MMT Global objectives to be in alignment with our ongoing pursuit to elevate payment technology across the region," commented Ms. Dareen Alkhas, Marketing Manager, ProgressSoft Corp. "By participating in this event, we're aiming to strategically reach a large number of Mobile Payment stakeholders and decision makers with whom we can share knowledge and explore fruitful opportunities", she added.

Recognizing Mobile Payment as an expediently evolving paradigm, ProgressSoft has been dedicating its long standing expertise in payments across financial and banking domains to embark on this field. The company has recently introduced its new PS-mPay, the Mobile Payment Solution that allows customers to conduct money payment transactions using their hand-held mobiles and smart phones.

PS-mPay comes with an array of value-added benefits to a wide slice of the community, embracing the macro economics of the country, the Mobile Payment Service Provider, Mobile Network Operators (MNOs), financial institutions and end consumer. It ultimately aims furnish a convenient, hassle-free method of payment that can avail faster access to funds anytime anywhere. Live demonstrations of this solution will be conducted during the 2-day MMT exhibition.

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