AppTech Payments Corp. Announces Partnership with Chip Financial
October 18 2022 - 5:00AM
AppTech Payments Corp. (AppTech) (NASDAQ: APCX), an innovative
Fintech company powering commerce experiences, today announced its
partnership with Chip Financial to support the company’s growing
Fintech, digital banking and payments ecosystem. The partnership
enhances Chip Financial’s suite of solutions that focus on a
tailored customer approach to provide capabilities in
Payments-as-a-Service (PaaS) and Banking-as-a-Service (BaaS).
Chip Financial provides a variety of clients with flexible
omni-channel transactions across a full spectrum of brand sectors.
The partnership between AppTech and Chip Financial enables further
market reach and penetration to extend AppTech’s portfolio of
commerce solutions.
“Customers want frictionless experiences and the ability to
complete transactions using their preferred method. Our shared
commitment to innovation and focus on the customer experience for
brands of all types makes the partnership between AppTech and Chip
Financial not only an ideal one, but a powerful one. We look
forward to working together to provide clients transformative
payments and banking technologies to meet customers on their
terms,” said AppTech President Virgil Llapitan.
James Starr, Vice President of Operations at Chip Financial
added, “In today’s climate, building competitive financial products
requires more technology than ever before because consumers want to
have seamless interactions across mobile and web. Our partnership
with AppTech will provide our clients with its innovation forward
payments and banking technology that solves their pain points. The
partnership roadmap will position us to execute our growth
strategies and support our continued expansion.”
AppTech’s technology is rooted in a strong portfolio of patents
covering many areas, including mobile-to-mobile payments. The
company recently increased its portfolio to 17 total patents
extending into geolocation technologies focused on the delivery,
purchase and request of products and services.
"Identifying the right partner opportunities that deliver
innovative solutions to our clients is key,” said Jamison Welsh,
Head of Strategy at Chip Financial. “We have been hard at work with
our qualified client network to provide them with disruptive
digital banking technologies and have found that in our partnership
with AppTech."
Forward-Looking StatementsThis 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.
About AppTech Payments Corp.AppTech Payments
Corp. (NASDAQ: APCX) is an innovative Fintech company with an elite
digital platform that powers seamless omni-channel commerce
experiences for clients and their customers. AppTech is developing
a transformative digital payments and banking all-in-one platform
that will upend the Fintech industry. Its embedded, highly secure
platform drives B2B, B2C and P2P capabilities in
Payments-as-a-Service (PaaS) and Banking-as-a-Service (BaaS) from
crypto and contactless payment options to virtual cards,
text-to-pay, mobile-to-mobile and cross-border remittance. For more
information, visit https://apptechcorp.com/.
About Chip Financial Chip Financial is a woman,
minority-owned digital banking services company. Its partnerships
facilitate access to patented and proprietary software to service
its clients with digital payments and banking technologies. Chip
Financial focuses on their deep relationships across different
sectors by delivering expertise and leveraging the latest Fintech
technologies to enable client success at scale. For more
information about our company, visit www.chip-financial.com.
Investor Relations ContactBen Shamsian Lytham
Partners, LLC shamsian@lythampartners.com646-829-9701
Media ContactSarah BilyeuKCD PR for AppTech
Payments Corpsbilyeu@kcdpr.com619-252-9111
AppTech Payments Corp.info@apptechcorp.com
760-707-5959
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