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NEW YORK, April 5, 2021 /PRNewswire/ iQSTEL, Inc. (USOTC: IQST) today announced executing a work order to support its Florida based affiliated FinTech company, Global Money One, Inc., to create a financial mobile banking application to provide convenient and reliable services to the underbanked Hispanic community and other populations in the U.S. that lack access to bank accounts or other traditional financial services.
iQSTEL recently announced entering into an agreement with Payment Virtual Mobile Solutions, LLC (PayVMS) to build a Visa Prepaid Debit Card Service (PDCS).
The new Visa PDCS is being constructed under a new subsidiary corporation named Global Money One, Inc. (www.globalmoneyone.com). Under the agreement with PayVMS, iQSTEL will own 75% of Global Money One, Inc. with PayVMS owning the other 25%.
IQST - iQSTEL Selects FIS Global Next Generation Core Banking Platform For Global Money One VISA Solution Serving Unbanked and Underbanked In U.S. prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced its new Visa.