AppTech Payments Corp. Expands Payments Processing Capabilities Across North America
July 19 2022 - 6:00AM
AppTech Payments Corp. (AppTech) (NASDAQ: APCX), a Fintech company
powering commerce experiences, is excited to announce a partnership
that will enable transactions across international borders in a
multitude of different retail outlets in Canada, including
in-person retail, ecommerce, transportation, lodging, hospitality,
automotive, and restaurants.
“We are thrilled to expand cross-border payment capabilities in
Canada, setting the stage for future reach and access to AppTech’s
transformative payment solutions,” said Virgil Llapitan, President
of AppTech Payments Corp. “This partnership creates the foundation
for enabling a full range of stellar commerce experiences for both
brands and customers across borders.”
The advanced payments processing capabilities will support fully
integrated Clover products, next-day settlement, support for
multiple pricing strategies, cross-border remittance, omnichannel
capabilities, strong PCI compliance, and a broad acceptance across
multiple types of cards, including: MasterCard, Visa, American
Express, Discover, JCB, China Union Pay, and Interac Debit
Cards.
The expansion into Canada further builds upon the strengthening
of AppTech’s fully integrated approach to unify a brand’s online
and offline customer experiences and purchasing journeys. Today’s
announcement comes on the heels of AppTech’s acquisition of Hothand
Inc. (Hothand) in late-May that gave the company ownership over the
intellectual property rights to a thirteen-patent portfolio that
broadly covers geofence triggered ecommerce and/or advertising via
cell phone.
Forward-Looking StatementsThis press release
contains forward-looking statements that are inherently subject to
risks and uncertainties. Any statements contained in this document
that are not historical facts are forward-looking statements as
defined in the U.S. Private Securities Litigation Reform Act of
1995. Words such as “anticipate, believe, estimate, expect,
forecast, intend, may, plan, project, predict, should, will” and
similar expressions as they relate to AppTech are intended to
identify such forward-looking statements. These risks and
uncertainties include, but are not limited to, general economic and
business conditions, effects of continued geopolitical unrest and
regional conflicts, competition, changes in methods of marketing,
delays in manufacturing or distribution, changes in customer order
patterns, changes in customer offering mix, and various other
factors beyond the company’s control. Actual events or results may
differ materially from those described in this press release due to
any of these factors. AppTech is under no obligation to update or
alter its forward-looking statements whether as a result of new
information, future events or otherwise.
About AppTech Payments CorpAppTech Payments
Corp. (NASDAQ: APCX) is an innovative Fintech company with an elite
digital platform that powers seamless omni-channel commerce
experiences for clients and their customers. AppTech is developing
a transformative digital payments and banking all-in-one platform
that will upend the Fintech industry. Our embedded, highly secure
platform drives B2B, B2C and P2P capabilities in Payments as a
Service (PaaS) and Banking as a Service (BaaS) from crypto and
contactless payment options to virtual cards, text-to-pay,
mobile-to-mobile and cross-border remittance.
Investor Relations ContactBen Shamsian Lytham
Partners, LLC shamsian@lythampartners.com 646-829-9701
Media ContactSarah BilyeuKCD PR for AppTech
Payments CorpAppTech@kcdpr.com
AppTech Payments
Corp.info@apptechcorp.com760-707-5959
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