Our Company

Established in 1999, SelectCore is one of North America’s leading providers of transaction processing and point-of-sale electronic distribution solutions for the prepaid telecom and financial services market.  Our proprietary PrepaidONE technology platform is the backbone of our business.
 
From wireless top-up to stored-value cards, we deliver a full suite of important prepaid products and services to millions of credit-challenged and un-banked consumers through our retail network.   We also offer wholesale solutions to some of the nation’s largest distributors, retailers and telecom providers.
 
SelectCore is a public company on the TSX Venture Exchange trading under the symbol “SCG”.

We were ranked one of the nation’s fastest-growing companies in 2006, 2007, 2009 and 2010 by Profit100 Magazine.



Key Market Statistics

• An estimated 80 million American and Canadians are un-banked or credit-challenged

• The prepaid telecommunications industry is expected to double in size to $30 billion by 2013

• Approximately 60 million prepaid wireless subscribers in Canada and USA and 400 million worldwide.

• Prepaid wireless is the fastest growing subscriber segment in North America

• Prepaid subscriptions in grew 68% year over year in 2010 while postpaid subscriptions only grew 3%

• Prepaid stored-value cards is the fastest growing financial product category in North America

• Prepaid stored-value card transactions totaled $165 billion in 2010 and will grow to $400B by 2013

• Prepaid is quickly becoming an attractive alternative to main-stream consumers

• Prepaid is a destination product driving nearly a half billion retail visits annually.


* Statistics taken from various industry publications, presentations and websites.