RevoluGROUP Canada Inc.
(TSX-V:
REVO),
(Frankfurt: IJA2),
(Munich: A2PU92), (the "Company")
is pleased to announce that further to the news release dated 24th
of March 2023, the RevoluPOS Worldwide Credit and Debit Card
Billing and processing platform has now launched on schedule.
About RevoluPOS
RevoluPOS is a POS ("Point of Sale") platform
linked to RevoluPAY available for free on Apple & Android
devices, enabling anyone to accept credit or debit card payments
worldwide. RevoluPOS eliminates the need for self-employed or small
to medium-sized businesses to pass credit checks to obtain a
merchant account to bill credit or debit cards. Instead, from
today, any RevoluPAY user can begin selling products or services by
charging clients via Visa or Mastercard. RevoluPOS brings the
developing world into the 21st century; RevoluPOS also appeals to
small businesses in developed nations who wish to diversify payment
acceptance instantly. RevoluGROUP has pinpointed a growing and
untapped sector of small to medium-sized enterprises excluded from
digital payment banking. Whether these be small market-stall
traders in underdeveloped nations, a corner coffee shop on
Mainstreet, or village convenience stores, many small business
owners cannot obtain credit card processing since local banks
remain disinterested in providing these credit card processing and
billing services. RevoluPOS resolves the dilemma instantly. With
zero sign-ups required, entrepreneurs, self-employed, or small
business owners can now hit the ground running with an immediate
ability to accept Visa and Mastercard payments worldwide. As the
world sprints towards a cashless society, the means to integrate
even the most impoverished into the digital world is now
imperative. The Company also expects to rapidly expand into
white-label branded versions of RevoluPOS for more prominent
volume-generating merchants.
Visa Direct Trials Progressing
Satisfactorily
Further to the news release dated 13th March
2023, the Company is pleased to announce that the Visa Direct
trials have proven fruitful. As such, the Company expects to update
shareholders shortly concerning the final integration in RevoluPAY
of this momentous state-of-the-art worldwide transacting
system.
Second Top Tier Card
Issuer Negotiations Commence
On the 25th of November 2022, the Company
informed shareholders that it had signed a Mutual Business
Development agreement which included pursuing another affiliate
membership status in addition to the Visa affiliate approval
already granted. The Company is pleased to inform shareholders that
it has initiated negotiations with a second significant payment
instrument provider. Shareholders will remain closely informed
about the eventual second affiliate status granting via an upcoming
news release and supportive media coverage. The planned affiliate
partner is once again one of the top 4 worldwide card issuers.
Private Placement Update
The Company advises shareholders it remains in
constant communication with HBDIG Technologies GmbH. Both parties
are striving to conclude the planned investment transaction
soon.
RevoluPAY
Plans to
Integrate OpenAI
ChatGPT-4
The Company continues the advanced analysis of
the legacy version of ChatGPT 3.5 and the updated current
ChatGPT-4, anticipating integrating the advanced
productivity-enhancing A.I. ("Artificial Intelligence") technology
firstly into RevoluPAY, RevoluPOS, RevoluSEND, and RevoluTRANSFER.
Later the Company may consider launching another vertical
configuration to the resulting A.I engine and accumulated knowledge
base.
Links Used in This News
Release
RevoluPOS Presentation -
https://docdro.id/oZUXeWb RevoluPOS iOS
https://tinyurl.com/ytm65szu RevoluPOS Android
https://bit.ly/39xEY5O RevoluPOS
https://www.revolugroup.com/fintech/revolupos/
About RevoluPAY®
The Company's flagship Neobanking technology is
RevoluPAY®, the Apple and Android multinational payment app.
Conceived entirely in-house, RevoluPAY features proprietary,
sector-specific technology of which the resulting source code is
the Company's intellectual property. RevoluPAY's built-in features
include Remittance Payments, Forex, Crypto-to-fiat exchange, Retail
and Hospitality payments, Real Estate Payments, pay-as-you-go phone
top-ups, Gift Cards & Online Credits, Utility Bill payments,
Gaming Credits, Leisure payments, Travel Payments, etc. RevoluPAY
is aimed squarely at the worldwide multi-billion dollar Open
Banking sector, cross-border forex payments, and + $595 billion
family remittance market. RevoluPAY® is operated by the European
wholly-owned subsidiary RevoluPAY EP S.L situated in Barcelona.
RevoluPAY is a licensed United States MSB, Canadian FINTRAC, and
European PSD2 payment institution 6900 under the auspices of E.U.
Directive 2015/2366 with E.U. 27 Country Passporting and official
issuer of Visa® Cards and
authorized Visa® Affiliate Member.
RevoluGROUP Canada Inc. controls five wholly-owned subsidiaries on
four continents.
About RevoluGROUP
Canada Inc.:
RevoluGROUP Canada Inc. is a multi-asset,
multidivisional, publicly traded Canadian Company deploying
advanced technologies in; Banking, Mobile Apps, Money Remittance,
Cross-Border Forex Payments, Mobile Phone Top-Ups, EGaming,
Healthcare Payments, Esports, Invoice factoring, Online Travel,
Vacation Resort, Blockchain Systems, and Fintech app sectors. Click
here to read more.
For further information on RevoluGROUP Canada
Inc. (TSX-V: REVO), visit the Company's website at
www.RevoluGROUP.com. The Company has approximately 193,585,376
shares issued and outstanding.
RevoluGROUP Canada,
Inc.
"Steve Marshall" ______________________STEVE
MARSHALLCEO
For further information, contact:RevoluGROUP
Canada Inc.Telephone: (604) 332 5355Email: info@revolugroup.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES
OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
This release includes certain statements that
may be deemed to be "forward-looking statements". All statements in
this release, other than statements of historical facts, that
address events or developments that management of the Company
expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, and actual results or
developments may differ materially from those in the
forward-looking statements. The Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should change. Factors
that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and
financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for
further information.
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