$Pistol Pete$
8 years ago
MOBI724 Global Solutions Announces Initiation of Certification for Local EMV debit cards in the Philippines via its subsidiary MOBI724 Asia
May 25, 2017
OTC Disclosure & News Service
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MOBI724 Global Solutions Announces Initiation of Certification for Local EMV debit cards in the Philippines via its subsidiary MOBI724 Asia
MONTREAL, QUEBEC--(Marketwired - May 25, 2017) - MOBI724 Global Solutions Inc. (MOBI724) (CSE:MOS)(CSE:MOS.CN)(CNSX:MOS)(OTCQB:MOBIF), a fintech leader offering integrated EMV payment, card-linked offers and digital marketing, via its subsidiary MOBI 724 Asia Inc., today announced the initiation of certification for the local debit EMV schemes in the Philippines market. The certification is on behalf of local prospects who intend to use MOBI724 solutions to roll out a full EMV solution to their customers.
"This certification is expected to boost the reach of MOBI724 in the Philippines and gain access to many acquirers who are transitioning to EMV solutions."
"We are proud of becoming one of the first local EMV certified end to end solution in the Philippines market which will allow us to serve the Philippines market with the EMV and all our card link solutions which include financial institutions, acquiring networks and merchants alike " says Marcel Vienneau, CEO, MOBI724. "This EMV certification is expected to help acquirers to remain compliant with the Central Bank of Philippines (BSP) regulation."
About MOBI724
MOBI724, a leader in the fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment & digital marketing solutions with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any Mobile device. MOBI724's solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any Mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, Mobile operators and card issuers to create, manage, deliver and "track and measure" incentive campaigns worldwide to any Mobile device and allow its redemption at any point of sales.
Forward-Looking Statements
Certain statements in this document, including those which express management's expectations or estimations with regard to the Company's future performance, constitute "forward-looking statements" as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
MOBI724 Global Solutions Inc.
Marcel Vienneau
1-514-394-5200 x 413
www.MOBI724.com
Copyright © 2017 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
smartcardinvestor
12 years ago
BancNet is the largest Automated Teller Machine (ATM) consortium in the Philippines, with 99 member banks and more than 8,000 ATMs nationwide. It is also the country's first multi-bank, multi-channel electronic payment network. Current services also include Internet Banking, Mobile Banking, payment via POS, and e-banking outsourcing services.
stockselection
13 years ago
Freeport Capital, Zebra to release mobile payment tool
2012-04-18 12:24 ET - News Release
Mr. Keith LeFebvre of Zebra reports
NEW SOLUTION ADDRESSES GROWING NEED FOR ON DEMAND PAYMENT AND PRINTING
Freeport Capital Inc.'s Hybrid Paytech and Zebra Technologies Corp. have entered joint partnership to provide mobile credit and debit payment and printing solutions to their global customers. The companies will offer a joint solution combining Zebra's MZA mobile receipt printers with Hybrid's payment platforms to fulfill the increasing demand for mobile payment acceptance in fleet, delivery, logistics and retail industries.
"Zebra is pleased to partner with Hybrid Paytech to address a growing demand for fast, reliable, on-the-go payment and printing technologies," said Keith LeFebvre, vice-president of product management, Zebra Technologies. "Customers all over the world can benefit from our combined mobile payment and receipt printing solutions. These offerings help increase mobile work force productivity, reduce operating costs, enhance the customer experience and drive customer loyalty from in-store mobile payment acceptance to acceptance of credit or debit payment on delivery for courier services to on-board transportation ticketing."
Hybrid Paytech is one of the first mobile payment companies to develop payment card industry-compliant debit and credit applications across the mobile market's four major consumer-based operating systems. According to research released by VDC in 2011, the mobile worker population exceeded one billion in 2010. With an increasingly mobile and distributed work force, this population will grow by over 10 per cent during the next three years. Mobility "and the technology that drives it, including mobile printers" is critical for improving business agility and responsiveness.
"The high demand for mobile payment technology is creating opportunities for the entire partner ecosystem. The relationship between Zebra Technologies and Hybrid Paytech is an excellent example of a complementary relationship," stated Kevin Conabree, head of global partnerships, Hybrid Paytech. "We are leading the way with Zebra to expand accessibility to mobile payment technologies in global markets."
Initial roll out of the joint solution is scheduled for April in the Canadian market. It will be available in the U.S. market by the end of the second quarter of 2012.
We seek Safe Harbor.
stockselection
14 years ago
Freeport Capital Inc
Symbol C : FAS
Shares Issued 10,125,000
Recent Sedar Documents
Freeport Capital arranges $950,000 loan
2010-12-22 14:28 ET - News Release
Mr. Mike Tasillo reports
FREEPORT CAPITAL INC. (CNSX:FAS) SIGNS FINANCING AGREEMENT FOR UPTO $950K WITH 18 MONTH TERM
Freeport Capital Inc.'s management has signed a financing agreement for up to $950,000. The financing is in three tranche disbursements over a period of 120 days with the initial deposit of $100,000 immediately of $250,000 and the balance payable prior to Jan. 20, 2011. There are two additional disbursements scheduled as follows: $200,000 (90 days) and the final $500,000 within 120 days from the first disbursement received. The agreement is for a period of 18 months per tranche disbursement at a yearly interest rate of 12 per cent. In the terms of the agreement, both sides have the right to opt out of the deal and cap the financing, or the financier has the option to speed up the financing by disbursing in full prior to Feb. 21, 2011, and completing the term loan. The financier has asked for the future option to convert the loan within 18 months with a price conversion of 25 cents with a warrant price of 30 cents on a 1-for-1 basis of conversion on the first tranche; thereafter, the financier has also asked for the right to convert the other tranches as well at 25 cents, but each warrant thereafter increases in price by 15 per cent to a maximum of 49.5 cents.
There is an 8-per-cent finder's fee associated with the deal which is payable per disbursement settlement.
stockselection
15 years ago
Apr 15, 2010 08:00 ET Freeport Capital Inc. (CNSX:FAS) Appoints Mr. Repchuk To Advisory Board & V.P of Business Development
MONTREAL, QUEBEC--(Marketwire - April 15, 2010) - Freeport Capital Inc. (CNSX:FAS) Announced today the appointment of Mr. Gary Repchuk President of SS&T Inc. to the advisory board of Freeport Capital Inc. and as Vice President of Business Development.
Mr. Repchuk brings over thirty years of banking experience, his last ten as an executive responsible for Banking Operations, Business Development and Innovation at one of Canada largest credit unions. Mr. Repchuk commenced his Banking career in 1976 and after thirteen years of banking, operational and audit experience with a major Canadian bank, joined the management of a new credit union that has grown to become one of Canada's largest banking cooperatives.
At the Credit Union Mr. Repchuk was a member of the executive leadership group with Banking Operations, Telecommunication, Business Development responsibilities and in addition successfully lead six mergers that set the foundation for the credit unions prominence today.
Since 2007 Mr. Repchuk has leveraged his banking, payments, card issuing and acquiring expertise to successfully provide his client's access to Canadian and international banking and processing contacts.
Freeport Capital Inc. (CNSX:FAS) President Michael Tasillo said "We welcome Mr. Repchuk's decision to join the team; his executive management experience and knowledge provides (CNSX:FAS) with another key strategic human resource to complement our existing executive team.
About Freeport Capital Inc. (CNSX:FAS)
Freeport Capital Inc. (CNSX:FAS) provides innovative Internet-based point-of-sale (POS) technology solutions for businesses and consumers worldwide.
The Canadian National Stock Exchange (CNSX) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.
For more information, please contact
Freeport Capital Inc.
Mr. Mike Tasillo
President
(514) 321-2295
mtasillo@firstequitystrategy.com
www.freeportcap.com or www.firstequitystrategy.com
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Renee
8 years ago
