MoneyOnMobile, Inc. (OTCQX:MOMT) announced today its name and ticker symbol change became effective with the Financial Industry Regulatory Authority, Inc. (“FINRA”). The Company’s common stock began quotation on the OTCQX under MoneyOnMobile, Inc. and a new trading symbol, “MOMT”.

Harold Montgomery, Chairman and CEO comments, “We are very pleased to have completed another governance milestone in our transformation. We continue to focus all our efforts on solving the financial inclusion challenges of the unbanked population in India.”

About MoneyOnMobile

MoneyOnMobile, Inc. is India’s largest mobile payments technology and processing company offering digital payment services to cash using businesses and consumers. The company covers all of India with a single source solution reaching the cash using population of businesses and consumers. MoneyOnMobile services enable Indian businesses and consumers to use their mobile phones to pay for goods and services or transfer funds from one cell phone to another using simple SMS text functionality instead of cash. Read about MoneyOnMobile in The New York Times at New York Times – MoneyOnMobile and the company’s web site at http://www.moneyonmobile.in.