IQST - iQSTEL Visa Money One Launch Coming In June To Include Cryptocurrency Platform
May 27 2021 - 9:29AM
InvestorsHub NewsWire
New York, NY --
May 27, 2021 -- InvestorsHub NewsWire -- iQSTEL, Inc. (USOTC:
IQST) today confirmed the launch of its Visa Debit Card
services, under the brand name Visa Money One (VIMO), is on
schedule to launch next month in
June.
IQSTEL’s Global
Money One subsidiary will launch the VIMO services on time, next
month according
to plan.
The VIMO
services will include much more than just a debit card. VIMO
will offer One-Stop-Shopping Fintech services that offer a complete
banking ecosystem to include providing customers with the ability
to open a US Bank Account, and utilize a Mobile Wallet that
includes the Visa Debit
Card.
Now, by
connecting with an existing coin exchange to be revealed soon,
iQSTEL’s Global Money One VIMO branded services will also give
customers the ability to buy and sell
cryptocurrencies.
“Cryptocurrencies are here to stay,” commented
Leandro Iglesias, CEO of IQSTEL. “Including a cryptocurrency
function within our new VIMO branded banking ecosystem we feel is
vital to making VIMO a relevant leading-edge service into today’s
Fintech market. We believe our new VIMO branded banking
ecosystem can generate $128 million in revenue for IQSTEL over the
next five years.”
About iQSTEL
Inc.:
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, Electric Vehicle (EV),
Liquid Fuel Distribution, Chemical and Financial Services
Industries. iQSTEL has 4 Business Divisions: Telecom, Technology,
Fintech and Blockchain, with worldwide B2B and B2C customer
relations operating through its subsidiaries: Etelix, SwissLink,
QGlobal SMS, SMSDirectos, IoT Labs, Global Money One and itsBchain.
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 Electric
Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas
Platform, IoT Smart Tank Platform, Visa Debit Card, Money
Remittance, Mobile Number Portability Application MNPA (Blockchain
Platform) and Settlement & Payments Marketplace (Blockchain
Platform).
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
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