New York, NY -- December 22, 2020 --
InvestorsHub NewsWire -- iQSTEL, Inc. (USOTC:
IQST) today announced a services agreement between IQST’s
fintech subsidiary, Global Money One, Inc. and TransferTo, Inc.
(“DT One”) an intelligent mobile technology infrastructure and
services provider.
Both IQST and DT One concentrate on
serving the growing global international migrant market reported
currently at a population of over 270
million. This population comes with a
unique set of mobile technology consumer requirements including
special international voice and data solutions, as well as certain
international financial transaction
complexities.
Global Money One Inc.
(www.GlobalMoneyOne.com)
uses a blend of industry expertise, state-of-the-art technology and
compliance requirements to create disruptive solutions that deliver
control, security and real-time payments and innovative Financial
capabilities with reduced cost for consumers, specially to the
unbanked, underbanked and underserved segments of today’s
society. Our portfolio of services will include a Prepaid
VISA Money One Debit Card (www.visamoneyone.com)
expected to enable customers to make purchases in stores and
online, withdraw cash at ATMs or receive cash back when using it to
make a purchase, recharge prepaid mobile phone service and send
money domestically or internationally (+ 40 countries). The
VISA Money One Debit Card is expected to also facilitate the
deposit of funds into bank accounts, Remote Deposit Capture (RDC)
by mobile phone, bill payments, rewards, and digital gift
cards. The VISA Money One is the new and freedom financial
world wallet expected launch in early Q2
2021.
DT One (www.dtone.com) provides mobile carriers with the infrastructure
and services they need to help migrant workers stay in touch with
their family and friends back home. DT One operates a leading
global network for mobile top-up solutions, innovative mobile
rewards, and Phone-to-Phone solutions. DT One’s global
network delivers better infrastructure and access to digital
communications for over five billion across emerging economies,
enabling them to stay better connected and as a result participate
more actively in the global
economy.
IQST expects to accelerate the rollout of its
Global Money One fintech services by leveraging the capabilities of
DT One.
About iQSTEL Inc
(Updated):
iQSTEL Inc (OTC:
IQST) (www.iQSTEL.com)
is a US-based publicly-listed company offering leading-edge
Telecommunication, Technology and Fintech Services for Global
Markets, with presence in 13 countries. The company provides
services to the Telecommunications, Financial Services, Liquid
Fuel Distribution and Electric Vehicle Industries. iQSTEL has 3
Business Divisions: Telecom, Technology and Fintech, with worldwide
B2B and B2C customer relations operating through its subsidiaries:
Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, itsBchain
and Global Money One. The Company has an extensive portfolio of
products and services for its clients: SMS, VoIP, 4G & 5G
international infrastructure connectivity, Cloud-PBX, OmniChannel
Marketing, IoT Smart Gas Platform, IoT Smart Electric Vehicle
Platform, Mobile Number Portability Application MNPA (Blockchain),
Settlement & Payments Marketplace (Blockchain), Visa Debit
Card, Money Remittance, and Pay Mobile Phone Services among
others.
About Etelix.com USA LLC (iQSTEL´s
Telecom Division):
Etelix.com USA
LLC (www.etelix.com) is
a wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a
Miami, Florida-based international telecom carrier founded in 2008
that provides telecom and technology solutions worldwide, with
commercial presence in North America, Latin America, and Europe.
Enabled by its 214-license granted by the Federal Communications
Commission (FCC), Etelix provides International Long-Distance voice
services for Telecommunications Operators (ILD Wholesale), and
Submarine Fiber Optic Network capacity for internet (4G and 5G).
Etelix was founded in 2008 and has been profitable since
inception.
About SwissLink Carrier AG (iQSTEL´s
Telecom Division):
SwissLink Carrier
AG (www.swisslink-carrier.com) is
a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a
Switzerland based international Telecommunications Carrier founded
in 2015 providing international VoIP connectivity worldwide, with
commercial presence in Europe, CIS and Latin America. SwissLink
Carrier AG is a Swiss licensed Operator, having a domestic
Interconnect with Swisscom, allowing their international Carrier
Customers direct terminations via SwissLink into all Switzerland
Fix & Mobile Networks. Since the takeover from Swissphone in
November 2018 and the rename into SwissLink, they operate on a
profitable level.
About QGlobal SMS LLC (iQSTEL´s
Telecom Division):
QGlobal SMS
LLC (www.qglobalsms.com) is
a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based
company and a commercial brand founded in 2020 specialized in
international and domestic SMS termination, with emphasis on the
Applications to Person (A2P) and Person to Person (P2P) for
Wholesale Carrier Market and Corporate Market in US. QGlobal SMS
has commercial presence in US, Mexico, Latin America, EMEA (Europe,
Middle East, Asia) and Africa, through our SMS service providers
based in Austin, TX and Miami, FL Our Austin-based SMS service
provider is specialized in the SMS traffic exchange between US and
Mexico, and our Miami-based SMS service provider is focused in the
development of Latin America and the rest of the world. QGlobal SMS
has robust international interconnection with Tier1 SMS
Aggregators, guarantying its customers high quality and low
termination rates, over more than 100 countries
worldwide.
About Alcyon Cloud SMS S.A.S, Commercial
Brand SMSDirectos.com (iQSTEL´s
Telecom Division):
Alcyon Cloud SMS S.A.S. (Commercial
Brand SMSDirectos.com),
is a whole subsidiary of QGlobal SMS, a Colombian-based Application
and Content Provider. Alcyon Cloud SMS (SMSDirectos.com) is registered with
the Secretary of Information and Communication Technology (ICT) in
Colombia, offering services to government, enterprises, small and
medium business, as well as end-users. Using SMSDirectos’ existing
network, they plan to expand services from SMS to offer omnichannel
products and services such as: SMS, Emails, RCS (Rich
Communications Services), Social Media Channels (Whats App,
Messenger, etc), WebRTC (Web Real-Time Communication), VoIP
(IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence Based),
SMS to Email, and Email to SMS.
About IoT Labs MX SAPI (iQSTEL´s
Technology Division):
IoT Labs MX
SAPI (www.iotlabs.mx),
a subsidiary of iQSTEL Inc, is an Internet of Things (IoT) Mexican
technology development company, creator of the “IoT Smart Gas”
Platform and Application. The IoT Smart Gas
platform www.iotsmartgas.com consists
of an IoT field device installed on the LP gas tank (adaptable to
virtually any gas or liquid storage tank) and, thanks to the
Internet of Things (IoT) technology via Sigfox or GSM network
connectivity, allows remote managed and improved logistic processes
of refilling, usage tracking and tank monitoring in real-time by
the Smart Gas mobile app. The new GSM tracking feature allows for
mobile use including ground, air, and sea tank
monitoring.
About itsBchain LLC (iQSTEL´s Technology Division):
itsBchain LLC (www.itsBchain.com)
is a 75% owned subsidiary of iQSTEL Inc. itsBchain is a
blockchain technology developer and solution provider, with a
strong focus on the telecom sector. The company is the final
stage of development of a series of blockchain solutions aimed at
using the blockchain ledger and smart contract solutions to
enable more efficiency, quickness in execution and fraud-prevention
in the telco industry. Specifically, the company is
developing a solution that will enable users and carriers to
transfer mobile phone numbers with just a few clicks, allowing
users and carriers the ability to transfer retail users from
one mobile carrier to another instantly. Additionally, the
company is finalizing a carrier-grade marketplace solution to
procure payments between carriers for cross-traffic of VoIP, SMS
and data realtime as traffic is crossed between carriers.
This marketplace will allow for instant payment settlement as well
as the prevention of fraud between
carriers.
About Global Money One Inc (iQSTEL´s
Fintech Division):
Global Money One Inc.
(www.GlobalMoneyOne.com)
is a 75% owned subsidiary of iQSTEL Inc. Global Money One Inc
is a Miami, Florida-based Fin-Tech company that uses a blend of
industry expertise, state-of-the-art technology and compliance
requirements to create disruptive solutions that deliver control,
security and real-time payments and innovative Financial
capabilities with reduced cost for consumers, specially to the
unbanked, underbanked and underserved segments of today’s
society. Our portfolio of services will include a Prepaid
VISA MoneyOne Card (www.visamoneyone.com)
expected to enable customers to make purchases in stores and
online, withdraw cash at ATMs or receive cash back when using it to
make a purchase, recharge prepaid mobile phone service and send
money domestically or internationally (+ 40 countries). The
VISA MoneyOne Card is expected to also facilitate the deposit of
funds into bank accounts, Remote Deposit Capture (RDC) by mobile
phone, bill payments, rewards, and digital gift cards. The
VISA MoneyOne is the new and freedom financial world wallet
expected launch in early Q2 2021.
Safe Harbor Statement: Statements in
this news release may be "forward-looking statements".
Forward-looking statements include, but are not limited to,
statements that express our intentions, beliefs, expectations,
strategies, predictions or any other statements relating to our
future activities or other future events or conditions. These
statements are based on current expectations, estimates and
projections about our business based, in part, on assumptions made
by management. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that
are difficult to predict. Therefore, actual outcomes and results
may, and are likely to, differ materially from what is expressed or
forecasted in forward-looking statements due to numerous factors.
Any forward-looking statements speak only as of the date of this
news release and iQSTEL Inc. undertakes no obligation to update any
forward-looking statement to reflect events or circumstances after
the date of this news release.
iQSTEL
Inc.
IR US Phone: 646-740-0907, IR Email:
investors@iqstel.com
Source: iQSTEL Inc. and its
subsidiaries:
www.iqstel.com ; www.etelix.com ; www.qglobalsms.com ;
www.swisslink-carrier.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.iotsmartgas.com ;
www.iotsmartev.com
: www.itsBchain.com ;
www.globalmoneyone.com
; www.visamoneyone.com
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