ID Global Solutions Corporation (OTCBB:
$IDGS) Announces Signing of a 10 year Build, Operate, and Transfer Contract
with BaseTek S.A.S. in Colombia
Contract FOR PaySpot kiosks at Bogota Transit
Authority (TRANSMILENIO S.A.) stations
throughout the City of Bogota
ORLANDO, FLORIDA – (September 23, 2015) - ID Global
Solutions Corporation (OTCBB:IDGS), a
company focused on fraud management and global payment solutions, announces
that on September 16, 2015 it executed a 10 year Build, Operate, and Transfer
contract valued at 3.648 Billion COP (~$1.2 Million US) for 80 un-attended
payment solution kiosks with BaseTek S.A.S. in Bogota Colombia.
In July the company announced it had acquired
MultiPay SAS, headquartered in Bogota, Colombia (http://www.multipay.com.co/). MultiPay offers a multifunctional payment
gateway services to merchants, enterprise businesses and banking institutions
in Colombia and Peru.
This contract represents IDGS’ entry into the
Colombian public transit payment and fare collection market. It calls for
the installation, commissioning, and ongoing maintenance of 80 ruggedized IDGS
PaySpot kiosks at Bogota Transit Authority (Transmilenio S.A.) stations
throughout the City of Bogota. IDGS was selected as the supplier based on
the performance and design of PaySpot as well as its ability to deliver unique
value added solutions to BaseTek S.A.S. and the Transmilenio S.A. customers.
This will be accomplished with IDGS’ OnePay secure closed network payment
solution and MultiPay, it’s multifunctional payment processing gateway.
Mr. Thomas Szoke, Chief Executive Officer of ID
Global Solutions Corporation said, “This contract represents a key strategic milestone in the Company’s entry
into the Colombian and Latin American payment and fare collection markets. We are pleased to be in collaboration with
BaseTek S.A.S. and together anticipate bringing very unique services into the
market.”
Read this release in full at
http://www.investorideas.com/CO/IDGS/news/2015/09231.asp
About us:
ID Global Solutions Corporation
Fraud Management and Payment Solutions
OTCBB: IDGS
IDGS provides multi-functional secure payment
solutions for open and closed electronic payment transaction networks. The
company is focused on the growing need for fraud protection and identity
verification solutions. IDGS was founded to pioneer key innovative
approaches for the development, integration, and delivery of advanced digital
identification solutions.
Forward Looking Statements
This news release may contain forward-looking
statements that are based on IDGS’s expectations, estimates and projections
regarding its business and the economic environment in which it operates. These
statements are not guarantees of future performance and involve risks and
uncertainties that are difficult to control or predict. Therefore, actual
outcomes and results may differ materially from those expressed in these
forward-looking statements and readers should not place undue reliance on such
statements. Statements speak only as of the date on which they are made, and IDGS
undertakes no obligation to update them publicly to reflect new information or
the occurrence of future events or circumstances, unless otherwise required to
do so by law.
Contact: Thomas Szoke
Company: IDGS provides multi-functional
secure payment solutions for open and closed electronic payment transaction
networks. The company is focused on the growing need for fraud protection and
identity verification solutions.
Published at Investorideas.com
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