NORTHRIDGE, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) — by way of InvestorWire — Innovative Payment Solutions, Inc (the “Firm” or “Revolutionary”), (OTCQB: IPSI), a U.S.-based fintech firm constructing twenty first century digital fee options, introduced immediately the launch of a three way partnership with blockchain and synthetic intelligence firm BLGI, Inc. (OTCQB: “BLGI”) to assist increase the Firm into world digital fee infrastructures.
The three way partnership will in the end advance the businesses’ mutual efforts in the direction of unlocking blockchain know-how for swift funds processing, guaranteeing simplicity of fee for providers at a considerably decreased price for customers and safe community to switch funds wherever on the planet. The businesses intend to hitch forces and facilitate the experience of every in an effort to improve and develop a one-of-a-kind digital fee answer that meets the wants of unbanked and underbanked communities all through the U.S. and worldwide.
Revolutionary brings to the three way partnership its in depth prior expertise of operations in Mexico and is constructing a fintech ecosystem that makes use of a number of gadgets in an effort to assist meet the wants of each customers and repair suppliers.
“Our settlement with BLGI offers our corporations with an incredible alternative to develop, consider and implement a blockchain know-how that can increase our distribution ecosystem and coordinate analytical advertising knowledge via our provision of complete monetary options to unbanked, underbanked and absolutely banked customers,” stated Revolutionary Cost Options, Inc. CEO William Corbett. “As well as, Lawrence P. Cummins, present chairman and CEO of BLGI, has not too long ago joined our advisory board to offer his imaginative and prescient and perception to our ongoing enterprise growth.”
“Revolutionary has constructed an efficient fee rail and a novel enterprise mannequin,” acknowledged Cummins. “I envision an awesome alternative on this joint collaboration and am trying ahead to fast-track Revolutionary into the market and improve its product proposition.”
About Revolutionary Cost Options, Inc.
Revolutionary Cost Options, Inc. (“Revolutionary”) strives to supply cutting-edge digital fee options for customers and repair suppliers. Revolutionary’s ecosystem will span a number of gadgets, corresponding to self-service kiosks, cell functions and POS terminals, providing various fee strategies, together with cash remittance, to satisfy the wants of customers and repair suppliers. (www.investor.ipsipay.com)
About BLGI, Inc.
BLGI is an information science firm that develops revolutionary options for blockchain know-how, machine studying, synthetic intelligence and knowledge safety. BLGI designs bespoke options that may be built-in on the blockchain and are tailor-made to a consumer’s business, together with however not restricted to asset administration banking, cryptocurrency, Foreign exchange, media publishing and healthcare knowledge administration. (www.blgi.internet)
SAFE HARBOR STATEMENT
This press launch comprises forward-looking statements throughout the which means of the Personal Securities Litigation Reform Act of 1995. All statements aside from assertion of historic truth contained on this press launch are forward-looking statements. In some instances, forward-looking statements could be recognized by terminology corresponding to “anticipate,” “imagine,” “can,” “proceed,” “may,” “estimate,” “anticipate,” “intend,” “might,” “plan,” “potential,” “predict,” “challenge,” “ought to” or “will” or the unfavourable of those phrases or different comparable terminology and embrace statements relating to the businesses mutual efforts in the direction of unlocking blockchain know-how for swift funds processing, guaranteeing simplicity of fee for providers at a considerably decreased price for customers and safe community to switch funds wherever on the planet, the intention to hitch forces and facilitation of its experience in an effort to improve and develop a one in all a form digital fee answer that meets the wants of unbanked and underbanked communities within the U.S. and worldwide.
These forward-looking statements are based mostly on expectations and assumptions as of the date of the press launch and are topic to quite a few dangers and uncertainties, a lot of that are troublesome to foretell that might trigger precise outcomes to vary materially from present expectations and assumptions from these set forth or implied by any forward-looking statements. Essential elements that might trigger precise outcomes to vary materially from present expectations embrace, amongst others, our potential to leverage our in depth prior expertise of operations in Mexico and constructing a fintech ecosystem that makes use of a number of gadgets in an effort to assist meet the wants of each customers and repair suppliers, our potential to place the Firm for future profitability, the period and scope of the COVID-19 outbreak worldwide, together with the affect to the economies in California and Mexico, and the opposite elements mentioned within the Firm’s Annual Report on Type 10-Ok for the 12 months ended Dec. 31, 2019, and the Firm’s subsequent filings with the SEC, together with subsequent periodic stories on Kinds 10-Q and 8-Ok. The data on this launch is supplied solely as of the date of this launch, and the Firm undertakes no obligation to replace any forward-looking statements contained on this launch on account of latest data, future occasions, or in any other case, besides as required by regulation.
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