Pennexx Has Completed All Necessary Approvals and Agreements to Release its Mastercard™ Your Social Offers Prepaid Debi...
Philadelphia, PA -- January 4, 2021 -- InvestorsHub NewsWire --
received the final signed document
from Vineet Katial, CEO of Vista Money, LLC, and
confirmation that all legal requirements and
approvals were complete for Pennexx to
complete the launch of the Your Social Offers Mastercard™
prepaid debit card.
Pennexx is currently completing the integration between
its https://YourSocialOffers.com dashboard and Vista
Money’s server so that they can begin sending out these debit
These prepaid debit cards represent an exciting time for Pennexx
as income generated by influencers could be directly deposited on
the prepaid debit card, making it possible for influencers to
monetize their influence.
Rewards can also be deposited on the card so that offers can
contain a cash component.
Pennexx generates revenue through the activity of uses of the
The cards also give consumers another method of
CNBC in an article states that prepaid credit cards
have an appeal to consumers that do have a credit
It states, “Pew surveyed adults who use prepaid cards at least
once a month and found that 59 percent currently have a checking
account and 45 percent had used a credit card in the past
Infosys.com put out a white paper, https://www.infosys.com/industries/cards-and-payments/resources/Documents/prepaid-card-industry.pdf.
In that white paper they say, “The prepaid segment is expected to
grow exponentially by 2022, with the US market touching US$3.1
trillion. In order to have a share in the pie, prepaid providers
should continue evolving and innovating not only from a
technological standpoint, but also from a consumer standpoint and
redefine the way the prepaid product is perceived by the
Vincent Risalvato, CEO of Pennexx, says, “We believe that we can
create an innovative offering for our Your Social Offer’s members.
A rewards card that is a leader in the industry. This coupled with
Your Social Offers influencers could create a viral opportunity for
the company to grow.”
For More Information
Pennexx will do their best to openly and publicly
answer your questions and concerns via social media on
Twitter https://twitter.com/pennexx @pennexx or you
may email email@example.com.
You may also follow them on Twitter; Ms. Sunny
Sweet (@sunnysweettweet) https://twitter.com/sunnysweettweet, Mr.
Risalvato (@vrisalvato) https://twitter.com/vrisalvato and Joe
Candito (@jcandito) https://twitter.com/jcandito.
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
For additional information, you may also visit our website
at https://yoursocialoffers.com or https://pennexx.net or call 866-928-6409.
Please follow us on Twitter @Pennexx.