*The global platform as a service market size was valued at $44 billion in 2020, and is projected to reach $319 billion by 2030, registering a CAGR of 22.0% from 2021 to 2030.
SmartCard Marketing Systems Inc. (OTC:SMKG) IP portfolio of Paytech, Fintech and Blockchain solutions continues to increase in Value Add to the BFSI Sector by offering both PPAAS (Payments Platform As A Service) and PAAS (Platforms As A Service) licensed models. *most are familiar with the SAAS (software as a service) models.
The company has also updated its Digital Strategy for BFSI, PAAS, AI and Blockchain across its corporate sites found at https://www.smartcardmarketingsystems.com and https://www.emphasispay.com This new marketing reflects the company’s updated products with vision statement to focus on specific sectors targeting the BFSI (Banking, Financial Services and Institutions) as well as Enterprises with focus on Retail and E-commerce multi vendors and consumers in an ecosystem.
Challenge: Digital Transformation and Digital Payments including also Blockchain requires highly skilled teams and resources to succeed.
Solution: SMKG provides developed Commerce Strategies via PAAS White-Label Licensing model that offers a Fast-Track to market backed with highly skilled resources and industry expertise shortening the entry cycle and upfront costs.
SMKG CEO MASSIMO BARONE STATED “At SmartCard Marketing Systems we are focused on developing IP and offering Commercial Strategies for FI’s and Enterprises – we believe this is the future of the company and continue to pursue this strategy with an increasing number of Channel Partners in multiple Countries covering now over 4 Continents.
The company despite the challenges has evolved with an extensive product library and critical digital assets for several key sectors to perform. We also believe that multiple Industries are changing and that PAAS will lead to substantial growth through White-label licensing and our growth with Channel Partners representing the products suite of the company.
Why is this fundamental- Large enterprises and banks are typically engaged with consultants and advisors who carry out the mission for the Corporation to discover or develop a strategic plan moving forward. It is imperative to be recognized by these companies who play a significant role in decision making process to gain product awareness, scalability and customization for industry traction.”
KEY INDICATORS & INDUSTRY RELATED NEWS
Industry Growth - Platform as a Service (PaaS) - statistics & facts
Together with infrastructure as a service (IaaS) and software as a service (SaaS), platform as a service (PaaS) is one of the three primary tiers of cloud computing. It allows businesses the opportunity to redirect resources away from IT hardware, software, and personnel expenses, toward other business needs. PaaS offerings are usually used for mobile applications and cross-platform application development, and DevOps tools.
Source link: Platform as a Service (PaaS) - statistics & facts | Statista
AR Automation Transforms Cash Conversion
Three-quarters of the CFOs PYMNTS surveyed reported a direct impact on cash conversion cycles from automating AR customer service, such as the ability to solve problems faster and the reduction of billing discrepancies. Furthermore, 63% of CFOs noted that the increased processing speed from AR automation reduced invoicing errors.
The fact that 90% of CFOs wish to widen the scope of automation in their AR processes, including customer service, and increase the speed of order processing to reduce invoicing errors and expedite payments, goes a long way in making a case.
Source link: 90% of CFOs Want Automation to Fix Payments Errors and Delays (pymnts.com)
Christine Mayes, executive vice president at Corporate One Federal Credit Union, details how she believes the launch of FedNow will bring healthy competition to the real-time payments industry.
Source link: FED NOW and Real-Time Payments (pymnts.com)
About SmartCard Marketing Systems Inc (OTC: 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 https://www.smartcardmarketingsystems.com
or visit our business applications marketplace at https://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