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SmartCard Marketing Systems Inc. (OTC:SMKG): 49% of Consumers Use Digital Wallets to Pay Bills – Genorocity’s Super APP And Dual Payment Wallet for Merchants and Consumers Offers the 1st Ecosystem- In
SmartCard Marketing Systems Inc. (OTC:SMKG): 49% of Consumers Use Digital Wallets to Pay Bills – Genorocity’s Super APP And Dual Payment Wallet for Merchants and Consumers Offers the 1st Ecosystem- In.
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[{"type":"text","content":"SmartCard Marketing Systems Inc. (OTC:SMKG): 49% of Consumers Use Digital Wallets to Pay Bills – Genorocity’s Super APP And Dual Payment Wallets for Merchants and Consumers Offers the 1st Ecosystem- Infrastructure And Features Embedded Payments As a Service.SmartCard Marketing Systems Inc (OTCQB:SMKG) offers a multi-industry portfolio of Fintech and Paytech platforms and applications for Banks and Enterprises. This strategy provides for easy integration, customization and branding to deliver a seamless deployment for their Merchant Portfolios. Our licensing model for white-labels and private-labels is also considered a partnership as we participate in the revenue streams generated from activations and payment transactions. The Genorocity platform is a great example and a breakaway from traditional payments, a leap in forward thinking that enables a suite of embedded payments, embedded partners and functions that provide for ekyc and ekyb for digital onboarding, bill pay, top-up, payments and points transfers, card issuing, mobile payments, card tokenization, card2card transfers, crypto and so much more to provide collective data and machine learning through AI. It is critical to own the data. In “The Digital Wallet Mandate: Secure Bill Pay Beyond The In-Store Point Of Sale,” a PYMNTS and ACI Worldwide collaboration, found that across more than 2,000 consumers, mobile wallets are being used not just to pay for goods and services at the register, but also to manage their finances and store sensitive personal information.Digital wallets also offer a convenient way to store loyalty and rewards cards, we found, and to pay for transportation and event tickets, and even store driver’s licenses in a handful of U.S. states.PYMNTS’ research finds that consumers are more likely to use mobile wallets to pay bills and transfer money than they do to make purchases in-store, at a respective 49% vs. 27%.Source: https://www.pymnts.com/digital-payments/2022/49-percent-consumers-use-digital-wallets-pay-bills/Massimo Barone CEO stated “there is a large scope of digital wallets across the globe and governments with central banks are placing focus on these initiatives. The success of this model can be seen in countries like India, Philippines and China where banks, telecoms and Fintech’s are coming forward and collaborating to ensure that t...