Smart Card Mktg - SMKG STOCK NEWS

SMKG:OTCQB has launched the Ambassadors Partner Program to enhance its Intellectual Property Portfolio, comprising 18 platforms including marketplace technologies in Banking 4.0, Web 3.0, and Digital Assets Tokenization. The program aims to engage Enterprises and Financial Institutions with a unique 'License to Own' model, offering a structured pricing matrix starting from $10k for Reseller Partners and up to $500k for larger institutions. This initiative is expected to drive mass adoption in digital payment transformations.

SmartCard Marketing Systems (SMKG) has established production installations of its Paytech Enterprise applications across several countries, focusing on Marketplace technologies with Blockchain and cross-border payment capabilities. By May 2022, the company anticipates expanding its payment coverage through partnerships in Africa, covering 28 out of 54 countries. SMKG has been shortlisted in the top 5 Fintech offerings in four countries. CEO Massimo Barone noted that production operations are now active despite past regulatory delays, emphasizing the growth of merchant contracts and the underlying complexities of Blockchain and cryptocurrency adoption.

SmartCard Marketing Systems (SMKG:OTCQB) is expanding its Axepay solutions into 35 African countries, enhancing its Payment Rails infrastructure and treasury services for diverse industries. The company operates a unique licensing model, providing clients scalable technology solutions. Key developments include the pre-launch of its CREARECOIN, aimed at facilitating digital transactions in retail, e-commerce, and other sectors. CEO Massimo Barone highlighted the challenges and opportunities faced in building out their portfolio, including strategic partnerships in the cross-border payments and blockchain spheres.

SmartCard Marketing Systems Inc (SMKG:OTCQB) has announced advancements in its intellectual property portfolio, focusing on Marketplace Technologies and plans for a new cryptocurrency, Creare Coin, on the Ethereum Blockchain. The coin aims to facilitate cross-border payments and enhance user experiences in the digital realm, especially within the Metaverse. CEO Massimo Barone highlighted strategic partnerships and market expansions despite challenges in China due to geopolitical tensions. The company aims to lift a CTO for Canadian shareholders and will host an annual general meeting on January 21.

SmartCard Marketing Systems Inc (OTCQB:SMKG) focuses on developing intellectual property in the Fintech and Paytech sectors. In Q3 2021, the company launched OriginatorX, a Token and NFT minting marketplace on Ethereum, and partnered with Compuage Infocom India to expand its market reach. The company reported robust demand for its Axepay cross-border payment solution, attracting over 105k potential merchants. CEO Massimo Barone emphasized growth in licensing and activations, and plans to enter Canadian markets.

SmartCard Marketing Systems (OTCQB: SMKG) continues its expansion in the FinTech sector, leveraging its extensive portfolio of over 100% owned intellectual properties. The company focuses on enhancing payment solutions, including the development of Axepay, which offers cross-border services in 50+ countries. Recent achievements include the commercial launch of OriginatorX for crypto token issuing and NFT minting. Additionally, SMKG seeks to bolster its position in Asia through strategic partnerships and innovative technology offerings that cater to diverse market needs.

SmartCard Marketing Systems Inc (OTC: SMKG) announced an up-list to OTCQB and a Letter of Intent to acquire a larger stake in its minority interest company, Xpay.World, based in Singapore. This strategic move aims to enhance SMKG's global market presence, particularly in the Philippines, by launching a new payment solution. Key figures include collaboration with XPAY to leverage advanced payment infrastructure and technology, with anticipated impacts on digital transformation in the region. The LOI includes terms for valuation and a No Shopping clause for other interested parties.

SmartCard Marketing Systems Inc (OTC:SMKG) has announced a strategic partnership with Compuage Infocom Ltd to enhance its reach in the SAARC region, focusing on the substantial Micro Small and Medium Enterprises (MSMEs) sector, which comprises 63 million businesses in India alone. This collaboration aims to facilitate digital transformation for MSMEs through SMKG's 16 proprietary fintech solutions. The partnership is expected to boost economic development by enabling SMEs to adapt to modern business practices, thereby fostering growth and business continuity.

SmartCard Marketing Systems Inc. (OTC:SMKG) is hosting its inaugural Fintech Summit on June 30, 2021, to showcase its extensive digital transformation offerings. Led by CEO Massimo Barone, the event aims to attract enterprises, investors, and startups interested in the payment industry. Attendees will gain insights into SMKG's 16+ proprietary platforms, partnerships, and innovative solutions like Visa Everywhere Fintech and Axepay FX. Registration is open for this digital event targeting global business growth opportunities.