SmartCard Marketing Systems Inc (OTC:SMKG) ANNOUNCES ITS MINORITY INTEREST IN XPAY WORLD IN PARTNERSHIP WITH INGENICO FOR THE PHILIPPINNES TO DELIVER CASHLESS PAYMENTS
New York, NY. Oct 31st, 2022 retransmission
PARIS, SINGAPORE and MANILA, Philippines, Oct. 31, 2022 /PRNewswire/ -- Ingenico, a global leader in payments acceptance solutions, announces a partnership with Premise, a payment-led embedded banking platform to provide integrated digital payment solutions and financial services to cash-driven micro merchants across the Philippines.
SOURCE: https://finance.yahoo.com/news/ingenico-premise-partner-deliver-cashless-080000178.html
The company announced today that its minority interest in Xpay.World in Singapore which wholly owns Premise the Philippines payment technology entity is partnering with Ingenico. This partnership signals a crucial infrastructure solution offering for the Philippines market which continues to see fragmented solutions.
As stated by Massimo Barone the CEO of SMKG:OTCQB “ a very exciting alignment has been established with Ingenico in the Philippines that will enable a series of flexible solutions for the Paytech, Payments and FIntech sector. The value of Premise with existing PF (Payment Facilitator) and TPP (Third Party Processing) licenses in USD and Peso Processing and in combination with multiple local wallets creates a seamless ecosystem with Android terminals.
This also brings forward a significant strategy for us at SMKG as we have a portfolio of technology that is being semi-integrated with the devices and host solution of Premise / Xpay.World. This will be a fantastic piloting ground for commercial strategies with Bank and Telco Acquirers in the region.”
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, FinTech and Blockchain markets. SMKG is a boutique technology company, providing strategic Business Intelligence and Digital Transformation and Inclusion as a service with a proprietary portfolio of marketplace platforms, applications and wireframes for Banking, Enterprises and Retail Industries offering seamless use of Blockchain Protocols, Crypto Issuing, NFT Minting, Tokenization, Digital ID-eKYC, Digital Automation with a “License to Own” business model.
For more info visit www.smartcardmarketingsystems.com
or visit our business applications marketplace at www.emphasispay.com
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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