Pennexx Has Entered Into a Joint
Marketing Agreement With One of the Fastest Growing Business
Solutions Companies in the $74 Billion Worldwide Payment Processing
Market, Hybrid Business Solutions
Company’s
Entry Into Lucrative Payment Processing Market Will Also
Bring Company Immediate Additional Revenues and New Clients,
as Companies Will Cross Sell Each Other’s Products
and Services to Include
YSO’s Branded Debit Card
Philadelphia, PA -- March 30, 2021 -- InvestorsHub NewsWire --
Pennexx (OTC:
PNNX), a company that Makes Social Media
Simple by acting as the social media guide for non-tech savvy
merchants, enabling them to acquire new customers and generate
increased revenues utilizing the Company’s proprietary technologies
to unleash the power of “word-of-mouth” Social Media for
their clients’ businesses, today announced that it has, via its
wholly owned subsidiary YourSocialOffers.com, entered into an
agreement with Hybrid Business Solutions to sell and market
each other's products. This agreement includes merchants,
e-commerce businesses, nonprofit organizations, the service
industry, professional businesses, government, and schools
worldwide.
“Pennexx's vision for YSO has always been in part to
grow the company through joint marketing agreements with large
companies like Hybrid. This market strategy concept introduces YSO
immediately to thousands upon thousands of potential customers that
Hybrid is already serving," said
Company President, Joseph Candito.
In today's competitive business environment, organizations have
to differentiate themselves to compete in the open market
aggressively. YSO will allow Hybrid Payment to offer value-added
services to their customers by bundling YSO technology into their
product line, giving them the advantage of competing against other
companies.
Hybrid Business Solutions (http://www.hybridpayments.com) is proud to be
one of the "fastest-growing business solutions companies in the
industry." Hybrid specializes in the synergy of technology and
strategic business insight. Hybrid Business Solutions helps
business owners achieve their current goals and confidently set
bigger ones and believe that merchants are trying valiantly to
serve their tech-savvy, mobile-driven customer base as effectively
as possible. Customers are looking for the right deal at the right
time and are expecting your business to accept the payment they
want to offer. Hybrid's business strategists' team has an
extraordinary depth of understanding about customers and their
payment habits and inclinations.
Mr. Candito added, “Last week we announced that we had
entered into an agreement with MaozUSA.com, that gave us a foothold
in the $239 Billion Quick-Serve Restaurant (QSR) Market and
now, today we are announcing our joint venture with one
of the fastest growing companies in the global payments
processing market which is expected to grow from $74.4 billion
in 2020 to $120.7 billion by 2025.
“The growth of the payment processing solutions market is
attributed to several factors, such as increasing eCommerce sales
along with growing internet penetration, embracing contactless
payments globally, and evolving customer expectations.
“These transactions, and hopefully more to come, with players in
growing markets, should substantially increase our customers’
clientele and generate increased revenues for them, thereby
increasing ours at the same time, and can bring a higher
equity value for our shareholders… but
it also demonstrates that we have a unique product
for payment processors because processers have a hard
time demonstrating and differentiating
themselves against their competitors, and YSO gives them
a unique offering that can set them apart from their
competition.”
For More Information
Pennexx will do their best to openly and publicly answer your
questions and concerns via social media on Twitter https://twitter.com/pennexx @pennexx, or
you may email info@pennexx.net.
You may also follow them on Twitter;
Ms. Sunny Sweet (@sunnysweettweet) https://twitter.com/sunnysweettweet,
Mr. Risalvato (@vrisalvato) https://twitter.com/vrisalvato and
Joe Candito (@jcandito) https://twitter.com/jcandito.
About Pennexx Foods Inc.
About Pennexx Foods Inc. (PNNX:
OTCMKTS US). Pennexx, through its wholly-owned subsidiaries, is
a holding company within the Software/Internet Industry focused on
social media, prepaid debit cards, BitGift™, artificial
intelligence, targeted marketing, and consumer rewards.
About YourSocialOffers.com (YSO)
YSO, is a wholly owned subsidiary of
Pennexx. YSO is our proprietary technology that greatly
reduces (if not eliminates) our client companies cash outlays for
advertising. YSO providesdigital word-of-mouth
recommendations from a person to their followers and friends
on social media. Word-of-mouth referrals are the best type of
referrals. It's not a paid social media advertisement. Our
merchants reach new customers through social media without a dollar
spent on getting their message out. The merchant only
pays for advertising when it works by discounting their
products or services when a customer accepts the offers that they
share. Their objective is to ask: “Why pay for
advertising unless it actually works?”
Safe Harbor Act: This release may contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E the Securities Exchange Act of
1934, as amended and such forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking statements"
describe future expectations, plans, results, or strategies and are
generally preceded by words such as "may," "future," "plan" or
"planned," "will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude of risks and uncertainties that could
cause future circumstances, events, or results to differ
materially from those projected in the forward-looking statements,
including the risks that actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors, and other risks identified in a company's annual
report.
For additional information, you may also visit our website
at https://yoursocialoffers.com or https://pennexx.net or call 866-928-6409.
Please follow us on Twitter @Pennexx.
https://www.statista.com/statistics/196614/revenue-of-the-us-fast-food-restaurant-industry-since-2002/ The
booming quick service restaurant (QSR) industry in the United
States generated a revenue of 239 billion U.S. dollars in
2020.
https://www.marketsandmarkets.com/Market-Reports/payment-processing-solutions-market-751866.html
Pennexx Foods (PK) (USOTC:PNNX)
Historical Stock Chart
From Aug 2024 to Sep 2024
Pennexx Foods (PK) (USOTC:PNNX)
Historical Stock Chart
From Sep 2023 to Sep 2024
