Business
Toron Inc. Signs Partnership Binding Agreement With PayToGo International
Toron Inc. Signs Partnership Binding Agreement With PayToGo International.
About this update from All Things Mobile Analytic Inc.
[{"type":"text","content":"NEW YORK, NY / ACCESSWIRE / January 6, 2020 / TORON, INC (OTC PINK:TRON), January 6, 2020 provides its stockholders today with a corporate status regarding corporate actions.The President of Toron, Inc., Massimo Meneghello is pleased to announce that Toron Inc. and PaytoGo leading provider of "Fintech" financial technology solutions and a B2B platform have signed a binding co/branding agreement. Under the agreement, PaytoGo will offer its financial ecosystem solution with a digital wallet linked to a card by Mastercard or Visa, that gives members and subscribers a low-cost option to a traditional bank account, with no credit check prior to the account being open following the Anti-Money Laundering and Know Your Customer Policy (hereinafter - the "AML/KYC Policy") which is designated to prevent and mitigate possible risks of a customer being involved in any kind of illegal activity.PaytoGo has developed a complete platform and digital coupons-ecosystem with a financial solution for the unbanked and underbanked population. According to a 2017 FDIC study (2017 FDIC National Survey of Unbanked and Underbanked Households), over 24 million American household are unbanked or underbanked and are without access to basic financial services that everyone deserves. Members using PaytoGo will also receive access to a SIM -mobile domestic and international phone services integrated directly into their digital wallet with no Roaming fee in over 45 countries.The focus of this partnership is to offer new solutions that offer easily accessible service for those with little or no credit or to those who do not have a bank account or credit card, allowing access to basic financial services; i.e. pay bills, top up Global System for Mobile Communication (GSM-MOBILE) services and prepaid Gift-Virtual-Digital coupons in any amounts or denomination for stores such as the following: WALMART, CARREFOUR, NETFLIX, UBER, SPOTIFY, AMAZON, and XBOX LIVE, among others. The service will have additional benefits, such as rewards and cashback for usage of the service. Customers will have the opportunity to utilize their linked mobile to download the app from Google Play and IOS devices, previously linked to their Mastercard or Visa, which can be used in millions of locations worldwide wherever accepted.PaytoGo will also be used at ATMs nationwid...