AppTech Executes Agreement to Expand Launch of Mobile-to-Mobile Payment System to Mexico and Brazil Enabling Cross-Border Remittance
2023年8月10日 - 8:30PM
AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a leading
specialty payments company, today announced the amendment of its
Strategic Partnership Agreement with InstaCash, Inc. (“InstaCash”).
The amendment will extend InstaCash’s mobile-to-mobile payment
system license to Brazil and Mexico.
“The extension of our agreement with InstaCash further
reinforces AppTech’s differentiated Fintech platform, as we
continue to scale globally,” said Luke D’Angelo, Chief Executive
Officer of AppTech.
InstaCash, Inc. is a peer-to-peer instant payment app similar to
Venmo, Zelle, and Cash App but will offer cross-border remittance,
lower transfer fees and more advanced security protocols. The
payment system will facilitate consumer-to-consumer or
person-to-person (“P2P”) transactions. Customers will be able to
send instant payments by mobile phone to friends and family while
traditional methods such as Western Union allow customers to pay
in-store.
AppTech will develop mobile and web-based applications for the
contactless payment system, which will feature digital banking
services and debit card solutions. AppTech will also provide user
support services and maintains an equity stake in InstaCash. Please
visit instacash.cash to receive launch alerts.
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 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 Hamilton
737-289-0835
APCX@mzgroup.us
AppTech Payments Corp.
760-707-5959
info@apptechcorp.com
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