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Share this article Share this article 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%.

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