SmartCard Marketing Systems Inc (OTCMKTS:SMKG) Stock In Focus After Latest News
SmartCard Marketing Systems Inc (OTCMKTS:SMKG) on April 28, 2023, highlighted the technology portfolio of Fintech, Paytech, and Blockchain solutions for Mobility, Cloud, and E-Commerce.
The company’s present integration with FacilitaPay makes it possible for servicing multi-industry segments. The payment solution implementation further confirms its futuristic approach to developing market-ready solutions. The collaboration with
Trading Data
On Friday, SMKG stock ended flat at $0.0070 with more than 54K shares, compared to its average volume of 36.96K shares. The stock moved within a range of $0.0070 – 0.0100 after opening trade at $0.0100.
SmartCard Marketing Systems Inc. (OTCQB:SMKG) Has Successfully Integrated FacilitaPay Expanding Our Reach in LATAM Corridor
FacilitaPay has enabled platforms to provide payment services across the Latin America region for Enterprises and Banks for seamless transactions through a secured network.
In the Latin American market, debit cards and credit cards have become more popular as payment modes since they are secure and convenient. The availability of debit and credit cards has allowed higher purchasing power for the citizens. This is because paying for a product in monthly instalmentsaugments purchasing power of the general population.
The popularity of both cards in the region has opened more avenues for businesses and individuals to help drive its economic growth. FacilitaPay is a local partner enabling merchants to accept both domestic and international cards.
SMKG’s collaboration includes payment services offered for E-Commerce,Marketplace, Embedded payment solutions for existing infrastructures as well as FX transactions. The integration gives Payment and Bank as a Service (BaaS) platforms for firms globally wanting to connect to LATAM financial ecosystem and infrastructure. Mexico, Brazil, and Colombia are the three major markets serviced by FacilitaPay.
