SmartCard Marketing Systems Inc. (OTCQB:SMKG) announced this morning the strategic launch of the Payment Technology Powerplay for the worldwide Fintech sector. Latest developments by SMKG and partners Axepay Inc. and Xpay.The world created a one-of-a-kind Payment technology infrastructure for Payment Device Terminal Management, Cross-Border Payments, and the combination of Marketplace and Software for Financial Institutions, Enterprises, and Governments to create and own their Online marketplace with Embedded Payments. This departure from standard models provides a bigger reach and greater freedom in branching out, with fewer constraints imposed by current providers attempting to manage many vendors/providers to pull together a comprehensive solution that works.
SMKG’s one-of-a-kind service bundle for the worldwide Payments Industry is a fully agnostic payment solution that includes infrastructure, regulatory compliance, and worldwide network reach for card schemes, payment rails, and blockchain transactions. The company provides critical business intelligence solutions and insights to Financial Institutions, Governments, and Enterprises, as well as the option to “own their own payment” services and models through Direct or Sponsorships and maybe combinations. This seeks to make technologies available for Core, Middleware, Client Facing, or a combination of these to create a completely smooth End-to-End Payment Lifecycle. This strategy also paves the way for the formation of partnerships and the provision of reseller services.
SMKG CEO Massimo Barone noted that many claims to be able to design and implement such an infrastructure and technology plan.” At SMKG, we have created our Payment Tech Powerplay vision to provide FIs, Governments, and Enterprises with the abilities and flexibility of owning their payments suite for different models and structures required to work with the global and domestic Credit, Debit, and Prepaid Card Scheme, as well as alternative popular payment schemes such as Blockchain, which is now becoming widespread.
He continued, Our proprietary portfolio of Paytech and Fintech marketplaces and applications, Blockchain protocols, Cross-border Rails, NFT issuing, Mobile Wallets, and Digital Assets tokenization, among other things, are all in-house applications that we license to our clients to provide a low CAPEX offering with a revenue share model. Unlike most traditional Fintech Accelerators, SmartCard Marketing Systems Inc (OTCQB:SMKKG) focuses on offers combined with services and entry-level cash with credits to Startups at various phases of their cycle, causing a bottleneck for many.
Our Fintech strategy differs from traditional Fintech Accelerators in that we give both knowledge and use our technology portfolio as available resources and money to enable qualified Startups with a fast road to commercialization, deployments, and the rigorous requirements of FI”s. We handle startups as joint ventures and profit from equity and revenue sharing from client activations and transactions.
Featured Image: Megapixl @Lucidwaters
