SmartCard Marketing Systems Inc (SMKG:OTCQB) Payments Industry News and Spotlight on Value Strategy of Payment Facilitator (PF) Licenses and Opportunities.
New York May 31,2022
The company SMKG:OTCQB has a strategic partnership and holds a minority interest in Xpay.World of Singapore, the parent company of Xpay World in the Philippines a Paytech Company with a PCI Terminal Management Cloud Host (TMS) and payment processing. The TMS also includes merchant onboarding with an EMV POS Device certifications host, e-commerce Cart, QR code pay and Card Tokenization management for the popular card schemes. Xpay is a sponsored Payment Facilitator (PF) and Third Party Processor (TPP).
The strategy of utilizing SMKG’s Fintech and Paytech portfolio of SAAS modeled marketplaces for multi-tenants embedded with the PF licenses allows for faster account openings and easier adoption for SME’s and Large Enterprises in the ASEAN Region.
The CEO of SMKG:OTCQB Massimo Barone stated “We are excited about this industry news as it broadens investors and stakeholders understanding of the value proposition to have a Payment Facilitator License sponsorship.This gives us first mover position in the market to grow with our customers and collaborate without friction from the big banks.”
New Source: https://techcrunch.com/2022/05/29/finix-goes-head-to-head-with-fintech-stripe/
Source Excerpt Information
“Fast-forward to last week. Finix announced that it was becoming a payments facilitator, in addition to enabling other companies to facilitate payments. This move puts it in direct competition with Stripe, something that CEO and co-founder Richie Serna is not shy about admitting.
In an interview this past week, Serna elaborated by noting that Finix indeed started out to build software that gave any software company a way to become their own payment facilitator.
“We were building technology that would take a three-year in-house build by dozens of engineers, with tens of millions of dollars of technical R&D and investment, and taking that down to a number of months by getting developer-friendly APIs to start monetizing their payments,” he said. “That was our biggest core offering. What we’ve done now is become the payments facilitator ourselves, so that we can not only provide the payments, but also all the back office requirements and compliance certifications, so that our customers can get up and running in a matter of days, rather than months. He says the move gives Finix the ability to work with companies and software platforms who have $0 in processing volume all the way up to companies with billions of dollars in processing volume. ”
SMKG:OTCQB “Modus Operandi”
The SMKG value model provides clients the right to license the technology which provides for flexible scalability and bespoke environments that allow to capitalize on market opportunities with the rights held by the client to acquire the platforms outright but not exclusively – *limited to their business scope and not for resale. Our clients also benefit from embedded payments, ongoing best practices, compliance, support updates and ongoing product growth. The company’s strategy is different as there is two models to support - the first is a direct to market in Countries like the Philippines and Distributer/Partner model for the America’s.
The company’s strategic market segments include ASEAN, LATAM, INDIA, North America and China. The SMKG:OTCQB Proprietary portfolio comprises of Marketplace Technologies, these platforms allow for quick implementation and adoption of E-commerce, Cloud and Mobility applications to large scale pools of Merchants, Vendors and Customers enabling business processes and increases transaction volumes for; Blockchains, Crypto Currencies, NFT’s, Wallets, MPOS, Digital ID’s, Cross-Border and Data-lakes Analytics for Profiling to name a few. All of which are SMKG Digital Assets which make SMKG a true One-Stop-Shop agnostic provider.
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 to the global PayTech and FinTech markets. SMKG is an entrepreneurial boutique technology company, providing business intelligence and digital transformation strategies with a proprietary portfolio of applications and wireframes for banking, enterprises, retail e-wallets, blockchain, crypto, nft, token, digital id-eKYC, digital workforce, events management, education, telemedicine and ride-booking industries.
For more info visit www.smartcardmarketingsystems.com
or visit our business applications marketplace at www.Emphasispay.com
We seek a safe harbour.
Contact: CEO, Massimo Barone
mbarone@smartcardmarketingsystems.com
SmartCard Marketing Systems Inc.
OTC:SMKG Ph: 1-844-843-7296
news@smartcardmarketingsystems