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 the digital payment platforms are unified for a smooth transition from the traditional methods of payments.
The Genorocity marketplace and embedded payments platform is our largest direct investment in development costs because we know the value in Super APPs / Lifestyle APPs with the unique growth in marketplace and multi-tenant sector is going to champion the company’s portfolio.
A major undertaking to develop the Axepay cross-border platform for RTP, Wires, ACH, Swift and Card2Card is the underlying infrastructure we have been focused on to support a global means of payment as an independent network for our customers and partners – also empowering Genorocity with a seamless payment network.
The Genorocity platform goes beyond traditional with the capabilities and fusion with paired connectivity of EMV Point of Sale Terminals or Peripherals to deliver a fully kitted payment solution unlike any market competitor globally with partner and minoirty interest in Xpay also known as Premise Fintech which has its own proprietary TMS (terminal management system) as a hosted solution and middleware for Banks and Enterprise acquirers of major Card Schemes.”
About Genorocity:
Genorocity is a digital Retail platform and dual wallet applications with a suite of features for Multi-industry use including for Enterprises, Franchisers and more; Coupons, Cards, Loyalty points, Social-media, Offer Showcases, Promoted offers, Proximity, Beacon Tech for both Web & Mobile Applications with embeded payments.
Genorocity comes with a Retail Multi- tenant “Merchant EPOS” and "MPOS" with Consumer “QR Wallet”. Enabling merchants and consumers with both Web & Mobile Couponing, Rewards, Incentives, Payment acceptance, Card management and Social media publishing all in one platform with configurable open or closed ended marketplace for transacting.
About SmartCard Marketing Systems Inc (OTCQB: SMKG):
SmartCard Marketing Systems Inc (OTC: SMKG) is an industry leader in specialized industry e-Commerce, Cloud and Mobility applications delivering White-Label solutions to the global PayTech and FinTech markets. SMKG is a boutique technology company, providing Business Intelligence and Digital Transformation Strategies with a proprietary portfolio of applications and wireframes for Banking, Enterprises and Retail e-Wallets offering Blockchain Protocols, Crypto Issuing, NFT Minting, Tokenization, Digital ID-eKYC, Digital Automation Strategies with “License to Own” marketplace applications.
For more info visit www.smartcardmarketingsystems.com
or visit our business applications marketplace at www.emphasispay.com
We seek a safe harbor.
For additional enquiries & Enterprise Program connect with:
Dharmesh Vora
President Enterprise Solution
SmartCard Marketing Systems Inc.
dvora@smartcardmarketingsystems.com
CEO, Massimo Barone
mbarone@smartcardmarketingsystems.com
SmartCard Marketing Systems Inc.
OTC:SMKG Ph: 1-844-843-7296
news@smartcardmarketingsystems.com