Megapay and MJV Successfully Launch Brazil Mobile Payment Service

(PRWEB) January 13, 2011

Megapay, a division of Hong Kong based cloud computing giant Megaworld, in partership with MJV, a Brazilian company that combines technology services, innovation and mobile solutions, are proud to announce the successful launch of mobile payment services into the Brazilian market.


Using Megapay's and MJV?s proprietary technologies, Megaworld's Brazilian customers are now able to make payments for any Megaworld service via mobile phone by submitting their phone number to Megapay's payment platform. The customers are securely authenticated through a web PIN sent to their mobile phone via SMS, allowing them to immediately enjoy unlimited access to Megaworld premium services. Megapay's service allows Megaworld customers to use their mobile phones as wallets and brings Megaworlds services to more than 90% of the Brazilian population.


Megaworld's growth in Brazil and the Latin American region has been phenomenal. Since 2005, Megaworld has experienced a 100% year on year growth in registered subscribers. Megaworld's total client base in Brazil is almost 5 million registered subscribers with 13 million active in Latin America. Popular services include Megaupload, a leading player in cloud storage, as well as Megavideo, a video streaming site. Recent additions to the Megaworld portfolio include Megabox, a cloud-based music hosting and streaming service; Megapix, an online marketplace for stock photography and hosting of pictures; Megalive, an innovative broadcasting service that anyone can use.


For more information please visit:

http://www.mjv.com.br

http://www.megapay.com

http://www.megaworld.com


"The Brazilian market has responded overwhelmingly well over the past five years to Megaworld's service offerings. We are committed to the Brazilian market and are positive that our payment solutions will succeed in allowing more people, in more places the ability to pay for and use our group?s services. We are also extremely fortunate to have MJV as our local partner. Their input and assistance in launching our services has been invaluable and we look forward to a bright future with MJV in Brazil", says Emmanuel Gadaix, CTO of Megapay.


Contact:

Ekaterina Gratcheva, Corporate Relations

Megapay Ltd

Phone: +852 3973 3949

Email: katya(at)megapay(dot)com

http://www.megapay.com


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