Breaking #Fintech #Stock News: AppTech
(NASDAQ: $APCX) Executes Agreement to Expand Launch of #MobiletoMobile #PaymentSystem
to #Mexico and #Brazil Enabling Cross-Border Remittance; @AppTechCorp
CARLSBAD,
CA - August 10, 2023 (Investorideas.com Newswire) 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.
Read this in full at https://www.investorideas.com/CO/APCX/news/2023/08101Mobile-to-Mobile-Payment-System.asp
"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 www.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.
info@apptechcorp.com
760-707-5959
SOURCE: AppTech Payments Corp.
AppTech Payments Corp. (APCX) is a featured tech stock on
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