Calpian, Inc. (OTC:CLPI) announces that, as of December 31, 2012, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by over 118,000 retail locations and has been accessed by approximately 32.5 million unique phone number customers since April 1, 2012. The December 2012 processed transaction volume, measured in Indian rupees, was 620.4 million INR - an approximate 90 million increase over November 2012 processed volume. At current exchange rates, December processed transaction volume was approximately $11.4 million.

"We are very pleased that, month after month, our Money-on-Mobile service adds both customers and retail outlets. Its growing popularity indicates that we are offering the ideal mobile payment product for the Indian market," says Calpian CEO, Harold Montgomery. "We believe that the sheer number of Indian consumers with cell phones - over 650 million - indicates there is tremendous room for Money-on-Mobile to continue its expansion."

ABOUT CALPIAN:

Calpian, Inc. (OTC:CLPI) is a publicly traded company with corporate offices in Dallas, Texas and mobile payments emerging-market operations through its subsidiary in India. Calpian's U.S. business focuses on the 10,000 Independent Sales Organizations (ISOs) that serve approximately 2 million small merchants across all industries in the U.S. who pay an estimated $1 billion in annual residuals. Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to over 32.5 million unique Indian phone number customers at more than 118,000 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments business. Calpian's CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.

Calpian, Inc.
Cynthia Bailey, 214-758-8600
Chief Marketing Officer
cbailey@calpian.com
or
Harold Montgomery, 214-758-8600
CEO
haroldmontgomery@calpian.com