iQSTEL To Launch Visa Prepaid Debit Card Integrated by PayVMS

NEW YORK, Oct. 23, 2020 /PRNewswire/ — iQSTEL, Inc. (USOTC: IQST) immediately introduced coming into right into a letter of intent (LOI) settlement with Payment Virtual Mobile Solutions LLC (PayVMS) to construct a VISA Prepaid Debit Card service to allow iQSTEL shoppers to make purchases in shops and on-line, do money withdrawals at ATMs or get cash-back when making a purchase order, recharge pay as you go cell phone service (home and worldwide), ship cash domestically or internationally, deposit funds into financial institution accounts, rewards and Digital Gift Cards, Bill Payments and Remote Deposit Capture (RDC) by cell phone.

iQSTEL presently presents a variety of telecommunication companies anticipated to generate an estimated $40 million in annual gross sales in 2020. The firm lately introduced the launch of a brand new Fintech Division to offer companies the rising 272 million inhabitants of worldwide migrants.

IQST – iQSTEL Brings PayPal and Venmo Alternatives To Underserved Rapidly Growing Market Segment

PayVMS (Payment Virtual Mobile Solutions) is a software program improvement and know-how firm based by engineers to completely concentrate on the monetary service business to incorporate e-commerce.  PayVMS has labored with Visa, GraspCard, FIS Global, ACI, Mifos X, 3CInteractive, Transfer-To, Uniteller, TIGO, Stripe, Authorize.Net, Control Case, Asterisk, Cisco, A2Billing and Twillio.  PayVMS makes use of a mix of business experience to offers each turn-key and totally customizable modern fee options designed to satisfy the wants of retail and telecommunications corporations offering entry to the quickest rising segments within the monetary know-how (FinTech) business.

Look for extra information coming quickly on IQST’s Fintech Division.

To study extra about PayVMS, go to www.payvms.com.

About iQSTEL Inc.:

iQSTEL Inc (OTC: IQST) www.iQSTEL.com is a US-based publicly listed firm providing modern 21st Century Enhanced Telecommunications Services with a concentrate on a variety of cloud-based enhanced companies to the Tier-1 and Tier-2 carriers, company, enterprise, in addition to the retail market. iQSTEL by means of its subsidiaries Etelix, SwissHyperlink, QGlobal SMS, SMSDirectos, IoT Labs, IoT Smart Gas Platform, itsBchain presents a “one-stop-shopping” for worldwide and home VoIP companies, IP-PBX companies, SMS alternate for A2P and P2P, OmniChannel Marketing, Internet of Things (IoT) functions (IoT Smart Gas Platform), 4G & 5G worldwide infrastructure connectivity, in addition to blockchain-based platforms: Mobile Number Portability Application (MNPA) and Settlement & Payments Marketplace for VoIP, SMS and Data.

About Etelix.com USA, LLC:

Etelix.com USA LLC www.etelix.com is a completely owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based worldwide telecom provider based in 2008 that gives telecom and know-how options worldwide, with business presence in North America, Latin America, and Europe. Enabled by its 214-license granted by the Federal Communications Commission (FCC), Etelix offers International Long-Distance voice companies for Telecommunications Operators (ILD Wholesale), and Submarine Fiber Optic Network capability for web (4G and 5G). Etelix was based in 2008 and has been worthwhile since inception.

About SwissHyperlink Carrier AG:

SwissHyperlink Carrier AG www.swisslink-carrier.com is a 51% owned subsidiary of iQSTEL Inc. SwissHyperlink Carrier AG is a Switzerland based mostly worldwide Telecommunications Carrier based in 2015 offering worldwide VoIP connectivity worldwide, with business presence in Europe, CIS and Latin America. SwissHyperlink Carrier AG is a Swiss licensed Operator, having a home Interconnect with Swisscom, permitting their worldwide Carrier Customers direct terminations through SwissHyperlink into all Switzerland Fix & Mobile Networks. Since the takeover from Swissphone in November 2018 and the rename into SwissHyperlink, they function on a worthwhile degree.

About QGlobal SMS LLC.:

QGlobal SMS LLC www.qglobalsms.com is a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a USA based mostly firm and a business model based in 2020 specialised in worldwide and home SMS termination, with emphasis on the Applications to Person (A2P) and Person to Person (P2P) for Wholesale Carrier Market and Corporate Market in US. QGlobal SMS has business presence in US, Mexico, Latin America, EMEA (Europe, Middle East, Asia) and Africa, by means of our SMS service suppliers based mostly in Austin, TX and Miami, FL Our Austin-based SMS service supplier is specialised within the SMS site visitors alternate between US and Mexico, and our Miami-based SMS service supplier is targeted within the improvement of Latin America and the remainder of the world. QGlobal SMS has strong worldwide interconnection with Tier1 SMS Aggregators, guarantying its prospects prime quality and low termination charges, over greater than 100 international locations worldwide.

About Alcyon Cloud SMS S.A.S (Commercial Brand SMSDirectos.com ):

Alcyon Cloud SMS S.A.S. (Commercial Brand SMSDirectos.com), is an entire subsidiary of QGlobal SMS, a Colombian-based Application and Content Provider. Alcyon Cloud SMS (SMSDirectos.com) is registered with the Secretary of Information and Communication Technology (ICT) in Colombia, providing companies to authorities, enterprises, small and medium enterprise, in addition to end-users. Using SMSDirectos’ current community, they plan to develop companies from SMS to supply omnichannel services and products similar to: SMS, Emails, RCS (Rich Communications Services), Social Media Channels (Whats App, Messenger, and many others), WebRTC (Web Real-Time Communication), VoIP (IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence Based), SMS to Email, and Email to SMS.

About IoT Labs MX SAPI:

IoT Labs MX SAPI www.iotlabs.mx , a subsidiary of iQSTEL Inc, is an Internet of Things (IoT) Mexican know-how improvement firm, creator of the “IoT Smart Gas” Platform and Application. The IoT Smart Gas platform www.iotsmartgas.com consists of an IoT area gadget put in on the LP fuel tank (adaptable to just about any fuel or liquid storage tank) and, due to the Internet of Things (IoT) know-how through Sigfox or GSM community connectivity, permits distant managed and improved logistic processes of refilling, utilization monitoring and tank monitoring in real-time by the Smart Gas cell app. The new GSM monitoring characteristic permits for cell use together with floor, air, and sea tank monitoring.

About itsBchain LLC.:

itsBchain LLC www.itsBchain.com is a 75% owned subsidiary of iQSTEL Inc. itsBchain is a blockchain know-how developer and resolution supplier, with a powerful concentrate on the telecom sector.  The firm is the ultimate stage of improvement of a collection of blockchain options aimed toward utilizing the blockchain ledger and good contract options to allow extra effectivity, quickness in execution and fraud-prevention within the telco business.  Specifically, the corporate is growing an answer that can allow customers and carriers to switch cell phone numbers with just some clicks, permitting customers and carriers the power to switch retail customers from one cell provider to a different immediately. Additionally, the corporate is finalizing a carrier-grade market resolution to obtain funds between carriers for cross-traffic of VoIP, SMS and knowledge realtime as site visitors is crossed between carriers.  This market will enable for fast fee settlement in addition to the prevention of fraud between carriers.

Safe Harbor Statement: Statements on this information launch could also be “forward-looking statements”. Forward-looking statements embody, however are usually not restricted to, statements that categorical our intentions, beliefs, expectations, methods, predictions or another statements regarding our future actions or different future occasions or circumstances. These statements are based mostly on present expectations, estimates and projections about our enterprise based mostly, partly, on assumptions made by administration. These statements are usually not ensures of future efficiency and contain dangers, uncertainties and assumptions which are tough to foretell. Therefore, precise outcomes and outcomes might, and are more likely to, differ materially from what’s expressed or forecasted in forward-looking statements resulting from quite a few components. Any forward-looking statements converse solely as of the date of this information launch and iQSTEL Inc. undertakes no obligation to replace any forward-looking assertion to mirror occasions or circumstances after the date of this information launch.

iQSTEL Inc.

IR US Phone: 646-740-0907, IR Email: investors@iqstel.com

Source: iQSTEL Inc. and its subsidiaries:

www.iqstel.com ; www.etelix.com ; www.swisslink-carrier.com ; www.qglobalsms.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.iotsmartgas.com ; www.itsBchain.com 

 

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SOURCE iQSTEL, Inc.

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