About RevoluPOS
RevoluPOS is a POS ("Point of Sale") system linked to RevoluPAY available from today for free on Apple & Android devices, enabling anyone to accept digital payments worldwide. Designed principally to bring the developing world into the 21st century, RevoluPOS also appeals to small businesses in developed nations who wish to expand payment acceptance. RevoluGROUP has pinpointed a nascent and untapped sector consisting of small to medium-sized enterprises excluded from the current digital payment cycle. Whether these be tiny market-stall traders in underdeveloped nations, a corner coffee shop on Mainstreet, or village convenience stores, many small business owners cannot obtain, or local banks are not interested in providing electronic payment mechanisms. As the world sprints towards a cashless society, especially during the recent COVID pandemic, a mechanism to integrate even the most impoverished into the digital world is now imperative. The Company expects to roll out white-label branded versions of RevoluPOS to larger merchants.
Cryptocurrency Payments
RevoluPOS, when utilized in conjunction with the RevoluEX cryptocurrency platform, also creates a transactional hub for all cryptocurrency payments enabling any individual or business to charge in many principal cryptocurrencies while receiving payment in fiat currency. This native operability does not require contracts, special software, nor integration into existing POS devices. Instead, anyone, anywhere in the world, can charge for products or services directly via any Apple or Android device, enabling small businesses to integrate cryptocurrency payments into their daily operations without assuming the crypto market's risk or volatility. By facilitating payment in Bitcoin or other cryptocurrencies, the Company guarantees the sale price in fiat currency, procuring immediate payment to the RevoluPAY app. Later,
United States MSB License Update
Wholly-owned subsidiary
Links Used in This News Release
RevoluPOS iOS https://shortly.cc/niQzd
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, Leisure payments, Travel Payments, etc. RevoluPAY employs blockchain protocols and is squarely aimed at the worldwide multi-billion dollar Open Banking sector and +
About
For further information on
"Steve Marshall"
______________________
CEO
For further information, contact:
Telephone: (604) 332 5355
Facsimile: (604) 687 3119
Email: info@revolugroup.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE
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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