SmartCard Marketing Systems Inc (OTC:SMKG) Partnership with Axepay Inc. Launches Cross-Border RMB Services at Money2020 Show
October 23 2017 - 1:20PM
InvestorsHub NewsWire
SmartCard
Marketing Systems Inc (OTC:SMKG)
Partnership with Axepay Inc., Fintech Service Provider of
Cross-Border RMB Services & FX Settlements for Merchants
,launches in Las Vegas today at the Money2020
show
LAS
VEGAS, NV. -- Oct. 23, 2017 -- InvestorsHub NewsWire -- Axepay
Inc. will be hosting at booth S48 at the
Venetian/The Palazzo Hotel at the Money2020 show, the World's
Largest Payments & Financial Services Innovation Event with
11,000+ Attendees from 4,500+ Companies and 85 Countries including
1,700+ CEOs & Presidents and 400+
Speakers.
The
Companies announced today the launch of the Cross-Border
partnership for RMB, providing International merchants with both
ecommerce and escrow transaction payment services in and out of
China on a B2B and B2C basis. The partnership between the Companies
combines SmartCard's CMS & Payment Gateway with the unique
licensing agreements and FX settlement services of Axepay Inc.
including Axepay's multi-channel RMB cross-border payment solution
(mobile, ecommerce, call center, in-app, direct debit and recurring
payments) that provides access to the debit card mass market of
China.
About
China's Economy
As
China's domestic firms shift to higher-margin business, they are
open to foreign companies to supply them with high-value goods and
services and can tap into the rapidly growing Chinese middleclass.
China's state-owned enterprises (SOEs) are investing outside China,
creating opportunities for internationally minded companies to
participate in massive capital projects in Asia, Africa and
Europe.
Source; http://www.business.hsbc.com/china-growth?cid=HBEU:Gr:P1:XX:01:1707:001:bri2017#
RMBI
facilitates a new phase for
globalization
Renminbi (RMB) internationalization has
gone full steam ahead against the backdrop of the appreciation of
the currency.
Source: 1 Aug 2017 Candy Ho Global
Head of RMB Business Development, Markets,
HSBC
http://www.business.hsbc.com/rmb-internationalisation/rmbi-facilitates-a-new-phase-for-globalisation#
About
SmartCard Marketing Systems, Inc.
SmartCard Marketing, Inc. (OTC:SMKG)
is a Fintech technology solutions provider to the global payments
industry, delivering a cloud-based EMV Host platform to Issuing
& Acquiring banks, telecoms & enterprises. In addition,
offering proprietary transaction software solutions & services,
Genorocity, a coupon & incentive management platform,
Check21SAAS a Remote Check Deposit solution, Mtickets.events, for
mticketing & events management & Emphasispay, a payment
ecosystem for alternative payment solutions. For more information,
go to www.smartcardmarketingsystems.com
About
Axepay Inc.
Axepay
Inc.is a Fintech Service Provider for China Cross-Border RMB
payments with integrated FX clearing and settlement including
KYC/AML for China businesses and individuals. Axepay's mission is
to deliver a seamless and cost-effective cross-border RMB payment
experience to merchants internationally, both on a B2C and a B2B
basis. Services include: Cross-Border RMB , B2B/B2C ,
VirtualPay • Ecommerce • EPOS , MPOS (mobile payments), Online KYC
& AML, Merchant Services, Retail & Enterprise, Int'l
Multi-Currency, Currency Exchange Services / Wire & Settlement,
Prepaid Card Services.
www.axepay.com
SOURCE
SmartCard Marketing Systems Inc (SMKG)
Related Links
www.smartcardmarketingsystems.com
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