Pennexx is About to Launch the Your Social Offers Debit Card as They Enter the Projected 4.7 Trillion Dollar FinTech Industry
August 25 2020 - 12:25PM
InvestorsHub NewsWire
Pennexxis About to Launch the Your Social Offers Debit
Card as They Enter the Projected 4.7 Trillion Dollar FinTech
Industry, a New Version of Its Merchant Dashboard and a New User
Portal
Philadelphia, PA -- August 25, 2020 -- InvestorsHub
NewsWire -- YourSocialOffers.com (YSO) anticipates the launch of
their debit card into the projected 2020 US $4.7 trillion dollar
FinTech industry, a new version of its merchant dashboard and
a new user
portal.
Pennexx (PNNX)
is approaching the launch of its branded prepaid debit card
program. The company has been fully approved and finalizing the
deployment, such as the graphics for its customized prepaid debit
card. These debit cards will allow Pennexx's (YSO) to credit
rewards directly into their users' prepaid debit cards, enabling
utilization online or in-store. YSO can then propel into its Social
Media Influencer
program.
With these new prepaid debit cards, YSO will offer
its users a unique and innovative method of being rewarded. YSO can
continue to cultivate more clients, as this will open the
possibility of real cash rewards for sharing offers on Facebook,
Pinterest, Twitter, and other social media
platforms.
The prepaid debit card will also supercharge YSO's
growth through the use of social media influencers. For the first
time, social media influencers will be able to 'send' influence
directly, post, and share on social media and then immediately
receive the payment to their prepaid debit card in a seamless
manner.
The FinTech market is a rapidly growing industry.
According to https://www.reportlinker.com/p05336794/Global-Prepaid-Cards-Industry.html?utm_source=GNW, the
global market for prepaid debit cards estimated at the US $2
Trillion in the year 2020, is projected to reach a revised size of
US $.1 Trillion by
2027.
Social media influencers reach billions of people;
therefore, Pennexx believes it will rapidly reach millions of
users.
Pennexx has been developing a range of new features
in the latest version of its Your Social Offers merchant dashboard
and user portal. The launch will be open to the public on September
1, 2020.
The new merchant dashboard will enable users to
create a variety of new types of rewards. Further news on these new
rewarding features will be forthcoming during the public release of
the dashboard.
The new user portal will allow users to
manage their YSO reward account, track credit, and
ultimately administer their prepaid debit card
account.
Vincent Risalvato, CEO of Pennexx, said, "I am
enthusiastic about our new releases because they represent months
of work by our team and expand the platform in ways that will
create great value for our clients and users. Many of the features
are key to helping us penetrate big brand names that already
have existing customer bases in the millions. These changes will
help our existing clients grow and get
rewarded."
About Pennexx Foods
Inc.
About Pennexx Foods Inc. (PNNX:
OTCMKTS US). Pennexx, through its wholly-owned subsidiaries, is
a holding company within the Software/Internet Industry focused on
social media, prepaid debit cards, BitGift™, artificial
intelligence, targeted marketing, and consumer
rewards.
Safe Harbor Act: This release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company's annual
report.
For additional information, visit our website
at https://yoursocialoffers.com or
https://pennexx.net or call 866-928-6409. Please
follow us on Twitter
@Pennexx.
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