SOURCE: Alpha Financial Services, Inc.

March 09, 2007 06:00 ET

Alpha Financial Services Launches Mobile Money Transfer Service

LONG ISLAND CITY, NY -- (MARKET WIRE) -- March 9, 2007 -- Alpha Financial Services, Inc. today announced its "on-the-go-money transfer" service that will revolutionize the remittance business. This remarkable innovative service will eliminate the need for customers to drive around and wait in line at old-fashioned money transfer locations. This service will make it easier than ever to send and receive money -- using nothing more than a mobile phone. This remarkable payment solution is a swift, easy and most secure new way to send money worldwide.

This service, available at https://www.alphamobilecash.com, has revolutionary capabilities that will enable customers to send money to friends and family worldwide. The beneficiaries will be able to access the money with a re-loadable Debit Card at over 900,000 ATMs worldwide. The card can also be used at any retail establishment that accepts MasterCard.

Alpha Mobile Cash is an online to offline money transfer service. This new service is more comprehensive than other competitors out there, because customers have a choice of either logging on to the Internet to remit money or use their mobile phone. Alpha Mobile Cash provides a convenient and secure solution that works with every mobile phone across all major carriers in the United States. There is no software to download or SIM upgrade to be made to use this service. Alpha Mobile Cash allows customers to send and receive money securely without having to install any application on their cell phone.

About Alpha Financial Services

Alpha Financial Services is a privately held company headquartered in Long Island City, New York. Alpha Financial Services offers a secure, fast and inexpensive way to send money to friends and family worldwide through the Internet or by text messaging on their mobile phone.

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