MOBI724 Global Solutions Inc.’s (CSE:MOS) Authorizes an Unsecured Convertible Debenture for New Proceeds of up to $1,500,000
MOBI724 Global Solutions Inc.’s (CSE:MOS) Authorizes an Unsecured Convertible Debenture for New Proceeds of up to $1,500,000
– Momentum Public Relations –
Press Release: August 31, 2016
MOBI724 Global Solutions Inc. (“MOBI724”) (CSE:MOS) announces that the Board of Directors have approved the terms of a financing according to which the Company would issue an unsecured convertible debenture (Convertible Debenture) for new proceeds of up to $1,500,000 to an existing institutional investor which is set to close on September 1st, 2016. The Board has also agreed with the institutional investor to cancel an existing Convertible Debenture and to roll over the capital and interest in the amount of $1,205,566.03 into a new convertible debenture to be added to the new proceeds of $1,500,000 for an aggregate total of $2,705,566.03. The Convertible Debenture will mature on June 30, 2018 (Maturity Date) and will accrue interest at a rate of 12{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} per annum. The Convertible Debentures shall be convertible at a price of $0.35 per common share. The Convertible Debenture will be sold pursuant to exemptions from prospectus requirements to purchasers in Canada and will not be listed on the Canadian Securities Exchange (CSE). The common shares issuable upon conversion will be listed on the CSE and will be subject to a four month hold period from the date of closing. For more information, please consult the form 9 filed on the CSE website as required by CSE policies.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all available user and purchasing data to increase transaction volumes and spend.
MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on MOBI724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Mobi724 Global Solutions, Mobile Technology, News Home, Technology
MOBI724 Global Solutions Inc.’s (CSE:MOS) Signs a Commercial Agreement with FiRe Advertainment to Provide its Mobile Coupons Platform for the Coca-Cola For Me Platform
MOBI724 Global Solutions Inc.’s (CSE:MOS) Subsidiary MOBI724 S.R.L. Signs a Commercial Agreement with FiRe Advertainment to Provide its Mobile Coupons Platform for the Coca-Cola For Me Platform
– Momentum Public Relations –
Press Release: August 20, 2016
Innovative mobile coupons solution with redemption at Point of Sale for the Coca-Cola For Me Platform
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing – MOBI724 S.R.L. an Argentine corporation, a wholly owned subsidiary of MOBI724 Global Solutions Inc., has signed a commercial agreement with FiRe Advertainment to implement, integrate, maintain and support MOBI724’s mobile coupons patent pending solution with redemption at Point of Sale for the Coca-Cola For Me Platform.
MOBI724’s innovative mobile patent pending couponing solution will allow the users of the Coca-Cola For Me mobile app, to redeem their rewards (bubbles) directly at the Points of Sale of participating retailers, in a seamless customer experience.
MOBI724 will also provide other solutions and services such as Data Analytics, BI & Reporting.
Marcel Vienneau CEO of MOBI724 stated “We are very excited to be able to provide our platform to manage and allow the mobile patent pending coupons’ redemption at Point of Sale, for the Coca-Cola For Me program members, alongside FiRe Advertainment, to leverage our state of the art mobile couponing & digital marketing platform.”
Santiago Vernengo Executive Director of FiRe Argentina said: “This project is very important to our Company and having MOBI724 as our partner is a guarantee that it will be a success.”
About FiRe Advertainment:
FiRe Advertainment is an independent Network that operates in 11 countries, specialized in the development and implementation of Brand Content solutions, Real Time Content and advertising, for a lot of prestigious brands and companies, among which Coca-Cola occupies the main place. The platform, Coca-Cola For Me, demanded two years of development and it is being implemented simultaneously in 4 countries of Latin America.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a leader in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated suite of Payment & Digital Marketing solutions.
We are innovating in our market with a combined EMV Payment, Card Linked Offers, and Digital Marketing platform that works on any card and any mobile device. We pioneered in adding intelligence to all types of transactions benefiting banks, retailers and cardholders. We succeed in leveraging all available user and purchasing data to increase transaction volumes and spend.
MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. Our easy-to-adapt gateway Switch is designed for easy integration with all payment protocols in our target markets.
Within the same solution suite we combined our Card Linked Offers solution, and provided financial institutions´ payment card portfolios and retailers the ability to add offers and/or coupons which can be redeemed directly at the Point of Sale, in a seamless user experience for all the parties in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on MOBI724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobile Coupons Helps Businesses Get Ahead & Stay Competitive
Businesses Get Ahead by Incorporating Mobile Coupons into Their Marketing Plan
– Momentum Public Relation –
Even among hardcore bargain seekers, clipping coupons in the Sunday newspaper is becoming passe. Since the average adult already views his or her smartphone as an indispensable accessory, it’s not surprising that mobile coupons are in hot demand.
It’s estimated that there will be 1.05 billion mobile coupon users by 2019–encompassing a demographic with higher household incomes, more education, and larger household sizes than the typical consumer. This presents a tremendous marketing opportunity for retailers, consumer-packaged goods manufacturers, loyalty providers, mobile operators, and payment card issuers. Regardless of your particular industry, you’re missing out if you’re not taking advantage of the potential of mobile coupons!
From a customer’s perspective, mobile coupons are simply a convenient money saving tool. For the business owner, they’re so much more. Coupons can be used to:
- Introduce new products to a broad consumer base without the expense of providing free samples
- Promote trial of a product among a new target audience
- Encourage current users of a product to stock up via bulk purchases
- Build a database of customers who are likely to be interested in future offers from your company
Mobile coupons come in many forms, from a simple cents-off or dollars-off coupon to a buy-one-get-one-free coupon or coupon offering discounts for multiple purchases. Newer options in the mobile couponing sector include coupons that are delivered when a customer purchases a related product, coupons with time release expiration dates to encourage repeat store visits, and universal coupons that let the customer choose what to buy from a specific product line. Retailers can experiment with different coupon types to see what offers generate the highest response rates.
Geo-targeting is another key area in which mobile coupons excel. When customers are given mobile coupons for stores in their area, redemption rates soar. The majority of adult shoppers with smartphones report that they regularly check their devices while shopping to learn more about a product or to search for better deals at competing retailers. Appealing to a prospective customer’s desire to save time as well as money is a surefire way to enhance your company’s image.
Montreal-based Mobi724 (MOS:CSE) makes it easy to incorporate mobile coupons into your marketing plan by allowing you to create, manage, and deliver coupons or rewards to your customers regardless of their mobile device type. Custom analytics and smart consumer data make it possible to deliver personalized offers that customers will find impossible to resist, helping you to increase sales and strengthen your position in a competitive marketplace.
Mobile coupons are even more effective when they’re incorporated into a comprehensive marketing plan. Companies that make an effort to increase awareness of their mobile coupons via blog posts, pop-up checkout ads, social sharing plug-ins, website banners, and PPC advertising are more much likely to see a strong return on their investment. Other helpful marketing strategies include incorporating coupons near the top of your company’s digital newsletter, using re-targeting of money-saving offers to attract abandoners back to your website, and posting mobile coupon links to free coupon websites to entice bargain shoppers to investigate what your company has to offer.
For businesses that wish to increase customer loyalty, mobile coupons can be incorporated into a comprehensive rewards program. For example, Mobi724 offers a Points4Discounts program letting cardholders earn points that can be redeemed for a percentage discount as well as a Points4SKU program that offers redemption of points for a specific product. Improving your existing loyalty program can be especially helpful if you’re targeting fickle millennials. In 2014, Bond Brand Loyalty found that 60{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of millennials claim they’d switch their preferred product brands or change where they shop to get a better loyalty program.
- Published in Blog, Financial Technology, Mobi724 Global Solutions, Mobile Technology, Technology
Mobi724 Global Solutions Inc. (MOS:CSE) Releases Revenues Increase by 800
Mobi724 Global Solutions Inc. (MOS:CSE) Releases Revenues Increase by 800{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} and Net Loss Decrease by 43{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} Over 6 Months and Adds New Board Member
– Momentum Public Relations –
Press Release: August 5th, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”)(CSE:MOS), a Fintech leader offering all in one fully integrated EMV payment, card link couponing and digital marketing, has filed its Q2 financial results for quarter ending on June 30 2016.
Six-Month Year-to-Date 2016 Highlights
- Revenue grew 800{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to $1.283M in 2016 from $161K in 2015
- Net loss decreased by 43{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to ($1.6M) from ($2.8M) in 2015
Mobi724 Global Solutions Inc. | Six-month period | |||
(in $’000) | 2016 | 2015 | ||
$ | $ | |||
Revenues | 1 283 | 161 | ||
Operating Expenses | 2 716 | 1 876 | ||
Operating Income (Loss) | (1 433) | (1 716) | ||
Other Expenses (Income) | 260 | 1 161 | ||
Income Tax Expense (Recovery) | (68) | (65) | ||
Net Income (Loss) | (1 626) | (2 811) | ||
Loss per share | (0,02) | (0,06) | ||
Weighted Average Number Shares | 99 196 720 | 45 418 190 |
Second Quarter 2016 Highlights
- Revenue grew 30{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}: $725K in Q2 2016 vs $557K in Q1 2016
- Net loss decrease by 31{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}: ($662K) in Q2 2016 vs ($962K) in Q1 2016
“These great results confirms that we have set the stage for value creation of the company. I am very confident with the progress of sales pipeline and customer approval in the targeted markets for our solutions is gaining traction. As well, we are focused on completing the funding with our partners so we can continue our rapid growth in line with our strategic plan” said Marcel Vienneau – CEO
The board is pleased to announce that Andre Halley will join the board. Andre has extensive career as an executive with companies such as Bell Canada – Bell Mobility – Teleglobe Canada as regional VP for Europe and Africa, CEO of TIW Asia of Hong Kong, CEO of Ooreedo Algeria, board member of European Data Communications, Skywave Communications, Chairman of Cassiot, Executive Chairman of Prevtech Mircobia Inc., Chairman of the advisory board of 2KIC INC. “I am very happy that Andre is joining our board and that he will leverage his extensive network in Asia Pacific and Middle East to actively market the licenses of our solutions in those regions. His strategic views will add value to our governance” said CEO – Marcel Vienneau
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a Fintech corporation based in Montreal (Canada), offers a unique and fully integrated suite of solutions PAYMENT – COUPONING – DIGITAL MARKETING (all in one), is a leader in the Fintech industry.
Our vision is to enhance the value of commoditized payment transactions to the players in this eco- system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card- linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 Global Solutions Inc. (CSE:MOS) Releases Q1 Revenues Up 630 and Operating Loss Decrease by 30
Mobi724 Global Solutions Inc. (CSE:MOS) Releases Q1 Revenues Up 630{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} and Operating Loss Decrease by 30{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce}
– Momentum Public Relations –
Press Release: June 1, 2016
MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (CSE:MOS), a Fintech technology leader in the digital incentives, couponing and payment space, has filed its Q1 financial results for quarter ending on March 31 -2016.
Highlights:
- Revenues year over year increase for Q1 increase 630{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to 557K versus 88k.
- The acquisition of IQ 7/24 is now fully consolidated in Q1.
- Notwithstanding the acquisition of IQ 7/24 Inc. completed in Q4 with the addition SG&A of 173k: $1.256M in Q1 2016 compared to $1.083M in Q1 2015.
- Decrease operating lost by 30{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} to (699k) versus (995k) despite an increase by 173k in operating costs in the consolidated phase.
(in $’000) | March 31, 2016 | March 31, 2015 | |||
Sales | 557 | 88 | |||
Operating Expenses | 1,256 | 1,083 | |||
Operating Loss | (699) | (995) | |||
Other Expenses (Income) | 298 | 3,371 | |||
Income Tax expense (recovery) | (34) | (34) | |||
Net Loss | (964) | (4,332) | |||
Loss per share | |||||
Basic and Diluted | $(0.01) | $(0.10) | |||
- During the three month period ended March 31, 2016, a total of 3,030,303 warrants were exercised for a cash consideration of $250,000 (exercise price at $0.0825)
- The Company is progressing in a new round of financing of $3 million which is expected to be concluded in Q2 or beginning of Q3 2016.
“We are starting to see the beginning of the results of our strategy that we put forward in mid-year 2015” said Marcel Vienneau, CEO. “The company continues to make material progress in its sales funnel globally and continues to make material progress in its funding plan. This have been the best quarter in the company’s history. We now have traction with our 3 turnkey solutions and this confirms the value proposition we are bringing to the market globally”.
About Mobi724 Global Solutions
MOBI724 Global Solutions Inc. (CSE:MOS), a Fintech corporation based in Montreal (Canada), offers a unique and fully integrated suite of solutions PAYMENT – COUPONING – LOYALTY (all in one), is a leader in the Fintech industry.
Our vision is to enhance the value of commoditized payment transactions to the players in this eco- system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card-linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.
MOBI724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
MOBI724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 (MOS:CSE) Renews and Expands Contract with IRSA Argentina
Mobi724 S.A, a Wholly Owned Subsidiary of Mobi724 Global Solutions Inc. (CSE: MOS) Renews and Expands Further Its Contract With IRSA Argentina to Add New Card Link and Rewards Capabilities.
– Momentum Public Relations – March 22, 2016
Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (CSE: MOS), a FINTECH technology leader in the digital incentives, couponing and payment segment, announces that it has renewed and expanded its yearly contract with IRSA Propiedades (“IRSA”) through its subsidiary Mobi724 S.R.L in Argentina.
Mobi724 continues to provide the existing platform and added new services and new programs to the previous contract, thus strengthening further its relationship with IRSA. Through the new contract, IRSA will be launching additional rewards programs throughout the country in most of its 15 shopping malls after the clear positive experience it had using the leading Mobi724 solutions and platform. The new programs will be launched during the next 12 months. IRSA has also signed on the business and intelligence reporting Mobi724 provides to be used as a tool for marketing and sales purposes. This SAAS (software as a service) model with a monthly fee and per transaction performance variable fee basis accommodates well this market segment.
Marcel Vienneau – CEO of Mobi724 Stated “We are extremely happy with the renewed contract and its expansion that reflects the high quality and value of our solutions and services and feel confident that we will keep our commitment to help our customers and IRSA in particular in its marketing strategy”.
Diego del Rio – Marketing Director of IRSA Stated “The solution provided by Mobi724 has helped us get more real-time insight of our customer focused programs, improved the user experience and provided us with the needed tools to support our marketing decisions for our more than 1200 retailers/merchants in our network”.
About IRSA.
In Argentina, IRSA Propiedades Comerciales owns and operates 15 of the largest shopping center, including: Abasto Shopping, Alto Avellaneda, Paseo Alcorta, Buenos Aires Design, Alto Palermo, Patio Bullrich, Dot Baires Shopping, Soleil Premium Outlet, Distrito Arcos, Córdoba Shopping, Mendoza Plaza Shopping, Alto Rosario, La Ribera Shopping, and Alto Noa Shopping
Recently IRSA has launched new card related discounts and rewards programs in several of its malls based on the success of its ongoing programs.
http://www.nasdaq.com/symbol/apsa
About Mobi724 Global Solutions
Mobi724 Global Solutions Inc. (CSE: MOS), a Fintech corporation based in Montreal (Canada), offers a unique and fully integrated suite of solutions – PAYMENT-COUPONING AND LOYALTY all in one, a leader in the Fintech industry.
Our vision is to enhance the value of commoditized payment transactions to the players in this eco-system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card-linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.
Mobi724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
Mobi724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on Mobi724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Mobi724 Global Solutions, Mobile Technology, News Home, Technology
A Huge Opportunity for Retailers in 2016
Mobile Couponing is a Huge Opportunity for Retailers in 2016
– Momentum Public Relations –
Consumers love coupons. According to RetailMeNot, an astonishing 92{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of North American consumers use coupons on a regular basis. While most retailers are aware of the marketing and sales power of coupons, a significant percentage have yet to make the shift to digital coupons. Even though 90 million consumers will have used a digital coupon at least once by the end of 2016, this channel is still very underutilized by retailers of all sizes.
Since consumers have made it clear that their purchases are directly influenced by coupons and they’re quite comfortable with mobile coupons, here’s how retailers can make the most of mobile couponing in 2016 and beyond:
- Don’t Be Afraid of Coupon Consistency
Some retailers are afraid of using mobile coupons on a consistent basis. While this is an understandable concern, industry data shows that consistency actually increases the effectiveness of coupons. Retailers who commit to a consistent mobile coupon strategy are able to drive predictable redemption rates, while retailers that only deliver occasional coupons via mobile generally experience erratic results.
- Make Promotions Exclusive to Mobile
Although consumers love good deals, what they love even more is feeling like they’re getting a good deal that’s exclusive to them. Making a point of only sending certain promotions via mobile will create that exact type of feeling for customers. Letting people know that exclusive promotions are only available via mobile is also a great way to increase mobile signups.
- Find Opportunities to Surprise and Delight
Another reason that mobile coupons present such a compelling opportunity for retailers is they make it possible to deliver coupons in real-time. For example, if a customer is about to check out, an enticing coupon can be delivered directly to their phone that gives them a great deal on a relevant upsell. This type of approach is both beneficial to retailers’ bottom line and creates a great experience for customers.
- Review Data to Refine Mobile Strategy
Retailers have access to more customer data than ever before. When combined with an intelligent mobile couponing system, retailers can use all of this data to analyze different promotional efforts and pinpoint which ones drive the best results. Having the ability to analyze and refine coupons on an ongoing basis makes it possible for retailers to create a highly optimized mobile promotional strategy.
- Use the Right Tool to Manage Mobile Couponing
Retailers can drive significant results by committing to a consistent mobile coupon strategy, using promotions that are exclusive to mobile, finding opportunities to surprise & delight and utilizing data to refine their mobile strategy. The key to putting all those pieces of the mobile coupon puzzle into place is using the right tool.
Mobi724 Global Solutions (MOS:CSE) is the perfect solution for retailers who want to make the most of the opportunity presented by mobile couponing. By integrating the tech into an elegant platform, coupons can be linked to a consumer’s banking or credit card. Not only does that eliminate the friction associated with many other mobile coupon backends, but Mobi724’s cutting-edge technology provides retailers with everything they need for real-time mobile coupon delivery and data collection.
- Published in Blog, Mobi724 Global Solutions, Mobile Technology, Technology
Mobi724 Global Solutions Inc. Signs a Multi-Year Agreement with Tangent Solutions Inc.
Mobi724 Asia Inc., a Subsidiary of Mobi724 Global Solutions Inc. (MOS:CSE) Signs a Multi-Year Agreement with Tangent Solutions Inc. of the Philippines to Use Mobi724’s EMV Payment Solutions
– Momentum Public Relations – Feb.16, 2016
Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (MOS:CSE), a technology leader in the digital incentives, couponing and payment space, announces that its subsidiary, Mobi724 Asia Inc., has signed a multi-year agreement with Tangent Solutions, Inc. (“Tangent”) in the Philippines to allow the latter to use Mobi724’s EMV Payment Solutions. The Company will immediately start the integration process. This integration will enable Tangent’s network to become EMV compliant. All banks and all retail payment terminals in the Philippines are required to be EMV complaint.
Robert Rioux – President of Mobi724 Asia Inc. stated: “All banks must be EMV compliant by the end of 2016. This is an opportunity for us to leverage our EMV gateways to connect and route the retail payment terminals to the proper issuing bank. This agreement allows us to reach over 40{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of all the retailers in the country and it will allow us to connect MPOS transactions. Once the initial integration with Tangent has been done and execution of this first phase is commenced, in a subsequent phase, we can begin to leverage our couponing solutions as well.”
About Tangent Solutions, Inc.
Tangent is the leading third-party and EFTPOS terminal service and solutions provider in the Philippines. Tangent offers innovative software for the payment industry and manages the payment terminals fleet for over 80 banks in the country through its partnership with Bancnet, the largest ATM switch in the Philippines and with all the major credit card acquirers in the country. Tangent also provides solutions to more than 40{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of all the retailers in the country.
Tangent has been in the EFTPOS solutions provider business since 1999 and has been at the forefront of the technological revolution, helping its clients maximize the power of technology to achieve their business objectives. Its nationwide presence coupled with years of industry expertise, and leadership uniquely qualifies it to provide the most cost-effective services and solutions in the market. Moreover, its tradition to provide answers that are custom-tailored to their specific needs.
From the provision of EFTPOS terminals, maintenance and support, software development and implementation, to project management and consultancy, Tangent offers leading-edge end-to-end services that will allow its clients to succeed in today’s fast-paced marketplace.
About Mobi724 Global Solutions
Mobi724 Global Solutions Inc. (MOS:CSE), a corporation based in Montreal (Canada), offers a unique and fully integrated suite of solutions – PAYMENT-COUPONING AND LOYALTY all in one.
Our vision is to enhance the value of commoditized payment transactions to the players in this eco-system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card-linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.
Mobi724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale.
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
Mobi724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on Mobi724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 Global Solutions Inc. (MOS:CSE), Signs a Commercial Agreement with First Data Cono Sur S.R.L.
Mobi724 S.R.L. Inc., a Wholly Owned Subsidiary of Mobi724 Global Solutions Inc. (CSE:MOS), Signs a Commercial Agreement with First Data Cono Sur S.R.L.
– Momentum Public Relations – Feb. 11, 2016
Revolutionary, strengthened and more secure, payment card linked and mobile redemption platform solution is ready to be rolled out.
Mobi724 Global Solutions Inc. (MOS:CSE), a technology leader in the digital incentives, couponing and payment space, announces that its wholly owned Argentinian subsidiary, Mobi724 S.R.L. Inc. (“Mobi724 Argentina”), has signed a commercial agreement with First Data Cono Sur S.R.L. (“First Data”) to route its transactions and offer its innovative solutions to First Data’s partner banks and retailer clients.
The integration of the Mobi724 platform with First Data’s gateway will allow immediate authorization of coupons and/or rewards redemptions.
This agreement will enable First Data and Mobi724 Argentina to offer Mobi724’s Digital Incentive Engine and services platform to retailers, offer providers, mobile operators and card issuers to create, manage, deliver and authorize incentive campaigns to ANY mobile device or payment card.
Marcel Vienneau CEO of Mobi724 Global stated: “The agreement with First Data Cono Sur S.R.L. will allow us to bring our solution to every Point of Sale where First Data is connected in Argentina, enabling the use of the Mobi724 platform for redemption of card linked coupons and rewards in a seamless transaction process for both their banks and merchants. This will enable us to accelerate our market growth with their banks’ card portfolios. This white label solution will enhance the traction in retail sales and follows the growing trend in consumer buying behavior based on promotions and coupons.”
About First Data Cono Sur S.R.L.
First Data Cono Sur SA is based in Argentina and operates as a subsidiary of First Data International Incorporated, which is a global leader in payment technology and services solutions. With 23,000 owner-associates and operations in 36 countries, the company provides secure and innovative payment technology and services to more than six million merchants and financial institutions around the world, from small businesses to the world’s largest corporation, with a presence in 118 countries.
About Mobi724 S.R.L. and Mobi724 Global Solutions Inc.
Mobi724 S.R.L. of Argentina, is a wholly owned subsidiary of Mobi724 Solutions Inc., a Canadian corporation with offices in Montreal (Canada) and Buenas Aires (Argentina). Mobi724 Solutions Inc. is a wholly owned subsidiary of Mobi724 Global Solutions Inc. (CSE:MOS).
Mobi724 Global Solutions Inc., a corporation based in Montreal (Canada), offers a unique and fully integrated suite of solutions – PAYMENT-COUPONING AND LOYALTY all in one.
Our vision is to enhance the value of commoditized payment transactions to the players in this eco-system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card-linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.
Mobi724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale.
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
Mobi724’s PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on Mobi724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home, Technology
Mobi724 Global Solutions Inc. (CSE:MOS) Announces $1.53M in Sales
Mobi724 Global Solutions Inc. (CSE:MOS) Announces $1.53M in Sales for 2015, Restatements of Some Interim Unaudited Consolidated Financial Statements for 2015 and Company Highlights for 2015
– Momentum Public Relations – Feb. 08, 2016
Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (CSE:MOS), a technology leader in the digital incentives, couponing and payment space, announces that it has booked sales of just over $1.53M for the fiscal year ending December 31, 2015, including the sales from its previously announced acquisition IQ 7/24 (for Q2, Q3 and Q4). The 2015 consolidated sales has been reviewed by the audit committee.
The Company will release its consolidated results in April 2016. The Company will amend its condensed interim unaudited consolidated financial statements for the three and the six month periods ended June 30, 2015 and for the three and nine month periods ended September 30, 2015.
The 2015 consolidated sales and expenses, excluding non-recurrent expenses, compared to previous years are:
MOBI724 GLOBAL SOLUTIONS INC |
AUDITED |
AUDITED |
INTERNAL |
||||
FINANCIAL REVIEW | 2013 | 2014 | 2015 | ||||
OPERATIONS: | |||||||
SALES | $65,935 | $149,637 | $1,529,611 | ||||
ADJUSTED (1) OPERATING EXPENSES | ($8,566,893 | ) | ($7,060,089 | ) | ($5,641,355 | ) | |
ADJUSTED (1) NET FINANCIAL EXPENSES | ($24,391 | ) | ($99,995 | ) | ($39,097 | ) | |
TOTAL ADJUSTED EXPENSES | ($8,591,284 | ) | ($7,160,084 | ) | ($5,680,452 | ) | |
ADJUSTED NET LOSS BEFORE INCOME TAXES- | ($8,525,349 | ) | ($7,010,447 | ) | ($4,150,841 | ) | |
(1)Excluding non recurrent expenses | |||||||
FINANCING ACTIVITIES (2): | 2013 | 2014 | 2015 | ||||
Convertible Debt | $400,000 | $2,900,000 | $1,083,204 | ||||
Common Shares | $4,869,077 | $2,443,437 | $2,014,965 | ||||
Long-term debt & Demand debt | $137,700 | $733,127 | $0 | ||||
$5,406,777 | $6,076,564 | $3,098,169 | |||||
(2)Annually (non cumulative basis) |
The important modifications to the condensed interim unaudited consolidated financial statements for the three and the six month periods ended June 30, 2015 and for the three and nine month periods ended September 30, 2015 will be as follows:
- Presentation of additional information regarding the acquisition of IQ 7/24 in 2015 by the Company;
- Restatement of the Company’s Consolidated Statements including: statements of net income and comprehensive loss, financial position, cash flows and changes in equity;
- Additional note disclosure with respect to segmented information;
- Restatement to the Company’s Management Discussion and Analysis in order to reflect the above adjustments and to present additional information.
The key highlights for 2015 are:
- Management has improved the balance sheet;
- Successfully completion of an acquisition (IQ 7/24) that should add over $2M yearly sales in the following years;
- Raised financing of approximately $3 M in 2015 including an investment of over $1.8 M by a prestigious and global investment fund;
- Successfully concluded multiple contracts with clients and also agreements with partners and resellers that are expected to contribute to our top line growth in the coming year.
Marcel Vienneau, CEO of the Company, stated: “This past year was very challenging as we refocused the Company’s attention on the monetization of all of our innovative solutions. Our customers have begun to see the true value that our solutions bring to their businesses and this will enable us to deliver solid value to our shareholders during the course of 2016 and beyond.”
About Mobi724 Global Solutions
Mobi724 Global Solutions (CSE:MOS), a corporation based in Montreal, Canada offering a unique and fully integrated suite of solutions – PAYMENT-COUPONING AND LOYALTY – all in one.
Our vision is to enhance the value of commoditized payment transactions to the players in this eco-system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.
Mobi724 Global Solutions unleashes the true potential of both payment and card linked couponing/rewards transactions for both online and offline points of sale.
The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and “track and measure” incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales in real time.
Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.
Mobi724’s PCI and EMV based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.
For more information on its products and on Mobi724 Global Solutions, visit www.mobi724globalsolutions.com.
- Published in Financial Technology, Mobi724 Global Solutions, Mobile Technology, News Home