AppTech Payments Corp. Announces Execution of Definitive Strategic Partnership and Channel Partner Agreements with Broadnet Technologies, LLC
June 09 2023 - 6:00AM
AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), an innovative
Fintech company powering seamless commerce between businesses and
consumers, today announced the execution of definitive Strategic
Partnership and Channel Partner Agreements with Broadnet
Technologies, LLC., a global leader in business messaging
solutions.
Broadnet has over 60,000 customers
internationally, making the company an ideal partner to penetrate
the U.S. marketplace for Text-to-Pay, 2-way SMS and a suite of SMS
tools. The Partnership will strengthen AppTech’s sales and
distribution efforts and expand the company’s market share
domestically by enabling AppTech to offer competitive SMS rates and
innovative new solutions. In addition, the Partnership will allow
AppTech to embed its Text-to-Pay solution into Broadnet’s Easy
Paperless solution. Easy Paperless enables businesses to print,
scan, and send documents to a mobile phone by SMS link.
“The Company plans to roll out a link to phone
invoice payment checkout experience using text-to-pay,” said Virgil
Llapitan, President of AppTech Payments Corp. “The integration with
Broadnet’s network will bolster AppTech’s fully integrated approach
to all payments experiences and purchasing journeys. As a result,
the Partnership enhances the development and growth of
CommerseTM.”
“Broadnet, the creator of the first short
message service center (SMSC) gateway, is thrilled to collaborate
with AppTech. SMSC handles text message operations and is
responsible for receiving, storing, routing, and forwarding SMS
messages to and from mobile handsets.” Rabih Al Zubaidi, Founder
and CEO of Broadnet, stated, “We are excited to work with AppTech
and their engineers to expand our suite of products to include
AppTech’s text-to-pay and other CommerseTM products.
Additionally, AppTech will offer our SMS products integrated into
their CommerseTM platform.”
About BroadNet Technologies, LLC
With over 20 years of experience as an SMS
provider and aggregator, Broadnet is a prominent global business
messaging solutions provider and a GSMA member. BroadNet offers a
number of services, including Bulk SMS, HLR Lookup, SMS Firewall,
A2P SMS, SMSC Gateway, and more, all based on industry standard
frameworks and security best practices. Since 2003, Broadnet has
seen steady growth and is now one of the leading telecommunication
companies in SMS-related services, with more than 60,000 satisfied
clients globally. Furthermore, BroadNet has been presented with ISO
27001:2013 and ISO 9001:2015 for delivering quality and secure SMS
solutions that meet the requirements and expectations of today’s
clients. Broadnet develops and maintains its own proprietary SMS
platforms to provide innovative, customized, and differentiating
products and services. Coupled with direct connections to over 800
operators and carriers worldwide, BroadNet is able to offer
top-quality routes with exceptional performance and reliability at
very competitive prices. The Company’s services make it easy to
send one or one billion SMS messages anywhere in the world safely
and securely. Starting from BroadNet’s HQ in Beirut, Lebanon, the
company now has offices and branches in 13 countries on four
continents, with more being planned. For more information,
visit www.broadnet.me.
About AppTech Payments
Corp.
AppTech Payments Corp. (NASDAQ: APCX) provides
digital financial services for corporations, small and midsized
enterprises (“SMEs”) and consumers through the Company’s scalable
cloud-based platform architecture and infrastructure, coupled with
our commerce experiences development and delivery model. AppTech
maintains exclusive licensing and partnership agreements in
addition to a full suite of patented technology capabilities. For
more information, please visit www.apptechcorp.com.
FORWARD-LOOKING
STATEMENTS
This 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.
Investor Relations Contact
Michael Kim/Brooks
Hamilton737-289-0835APCX@mzgroup.us
AppTech Payments Corp.
info@apptechcorp.com760-707-5959
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