05:53:43 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Mobi724 Global Solutions Inc
Symbol MOS
Shares Issued 191,493,648
Close 2018-06-05 C$ 0.10
Market Cap C$ 19,149,365
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Mobi724 launches first commercial operation in Panama

2018-06-05 11:04 ET - News Release

Mr. Marcel Vienneau reports

MOBI724 GLOBAL SOLUTIONS LAUNCHES FIRST COMMERCIAL OPERATIONS IN PANAMA WITH A LEADING LOCAL BANK

Mobi724 Global Solutions Inc. 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 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 to identify and match qualified transactions in real time.

Marcel Vienneau, chief executive officer 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.

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.

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