MOBI724 Global Solutions Launches First Commercial Operations in Panama With a Leading Local Bank
June 05 2018 - 8:45AM
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”)
(TSX-V:MOS) (OTC QB:MOBIF), a global Fintech company offering a
fully integrated suite of multiple EMV payment, Card-Linked,
Digital Marketing and Business Intelligence Solutions, today
announced that it has launched its first commercial operation in
Panama, with a leading local financial institution, implementing
its Card-Linked Offers Solution.
MOBI724 has launched its Card-Linked Offers
Solution (the “CLO Solution”) with a first bank in Panama, where
cardholders will be able to redeem offers, coupons and campaigns
instantly and directly at the point of sale, using their credit
cards and in a seamless process both for the cardholder and the
retailer, and where cardholders will receive a real-time campaign
notification on their mobile devices at the time of the redemption
transaction. The CLO Solution has been implemented using the Visa
Offers Platform (“VOP”) to identify and match qualified
transactions in real time.
Marcel Vienneau, CEO of MOBI724, said, “This is
a great milestone for the Company, as we launch our first bank in
Central America using the VOP. It will be the first Card-Linked
Offer Solution launched in the region, and it represents only the
first of many initiatives we are currently working on in the
region.”
About Mobi724 Global Solutions
Inc.“We enable smart transactions anywhere”
MOBI724, a global Fintech company, offers a
fully integrated suite of multiple Payment Card-linked, Digital
Marketing and Business Intelligence Solutions, which work with any
payment card, on any mobile device and at any Point of Sale; and a
mobile EMV compliant payment platform. MOBI724 provides turn-key
solutions for card associations, card issuers, banks, retailers,
manufacturers, offer providers, to create, manage, deliver and
track and measure incentive campaigns worldwide in real time. The
company captures value from big data to deliver seamless and
personalized user experiences for the benefits of all parties in
the ecosystem. MOBI724 headquarters are in Montreal, Canada, and
the company presently has operations in North and Latin America,
the Caribbean and Asia Pacific.
Legal Disclaimer
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.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This news release does not constitute a
solicitation to buy or sell any securities in the United
States.
For further information, please visit www.MOBI724.com or
contact:
Investor Relations:Mr. Andreas
CurkovicProconsul Capital Ltd.T: 416-577-9927; E:
andreascurkovic@sympatico.ca
Mr. Derek LindsayMOBI724 Global Solutions Inc.Chief Financial
OfficerT: 514-394-5200; E: derek.lindsay@mobi724.com
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