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Mobi724 (TSXV:MOS) signs commercial agreement with Banco Hipotecario

Finance, Technology
TSXV:MOS
18 August 2022 12:45 (EDT)

Source: Mobi724.

Mobi724 (MOS) will implement its AI-driven payment card platform for Argentina’s Banco Hipotecario.

Banco Hipotecario boasts 136 years of experience in the Argentine financial system with over two million mortgage loans granted throughout its history.

Banco Hipotecario cardholders will have access to Mobi’s customer engagement, data monetization and offers solutions both online and in physical locations leveraging Mobi’s connectivity with the Visa Offers platform.

Mobi expects the agreement to generate incremental spend on payment cards and drive cash conversion.

“We are very excited to have the opportunity to launch our platform with such a leading bank in Argentina,” stated Marcel Vienneau, CEO of Mobi724. “Mobi724’s AI-driven platform will allow Banco Hipotecario cardholders to maximize their purchase activity, thereby generating incremental revenues for the bank and new sales opportunities at targeted merchants.”

Mobi724 Global Solutions is an AI-powered fintech company offering a real-time payment and card-linked incentives platform.

Mobi724 (MOS) is unchanged trading at $0.015 per share as of 12:47 pm EST.


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