Fintech launches operations in Panama

By Mobi724 Global Solutions Inc.

MOBI724 has launched its Card-Linked Offers Solution (the "CLO Solution") with a first bank in Panama, where cardholders will be able to redeem offers, coupons and campaigns instantly and directly at the point of sale, using their credit cards and in a seamless process both for the cardholder and the retailer, and where cardholders will receive a real-time campaign notification on their mobile devices at the time of the redemption transaction. The CLO Solution has been implemented using the Visa Offers Platform ("VOP") to identify and match qualified transactions in real time.

Marcel Vienneau, CEO of MOBI724, said, "This is a great milestone for the Company, as we launch our first bank in Central America using the VOP. It will be the first Card-Linked Offer Solution launched in the region, and it represents only the first of many initiatives we are currently working on in the region."

MOBI724, a global Fintech company, offers a fully integrated suite of multiple Payment Card-linked, Digital Marketing and Business Intelligence Solutions, which work with any payment card, on any mobile device and at any Point of Sale; and a mobile EMV compliant payment platform. MOBI724 provides turn-key solutions for card associations, card issuers, banks, retailers, manufacturers, offer providers, to create, manage, deliver and track and measure incentive campaigns worldwide in real time. The company captures value from big data to deliver seamless and personalized user experiences for the benefits of all parties in the ecosystem. MOBI724 headquarters are in Montreal, Canada, and the company presently has operations in North and Latin America, the Caribbean and Asia Pacific.