SOURCE: Mobi724 Global Solutions Inc.

Mobi724 Global Solutions Inc.

March 22, 2016 08:45 ET

Mobi724 S.A, a Wholly Owned Subsidiary of Mobi724 Global Solutions Inc. (CSE: MOS) Renews and Expands Further Its Contract With IRSA Argentina to Add New Card Link and Rewards Capabilities.

MONTREAL, QUEBEC--(Marketwired - March 22, 2016) - Mobi724 Global Solutions Inc. ("Mobi724" or the "Company") (CSE: MOS), a FINTECH technology leader in the digital incentives, couponing and payment segment, announces that it has renewed and expanded its yearly contract with IRSA Propiedades ("IRSA") through its subsidiary Mobi724 S.R.L in Argentina.

Mobi724 continues to provide the existing platform and added new services and new programs to the previous contract, thus strengthening further its relationship with IRSA. Through the new contract, IRSA will be launching additional rewards programs throughout the country in most of its 15 shopping malls after the clear positive experience it had using the leading Mobi724 solutions and platform. The new programs will be launched during the next 12 months. IRSA has also signed on the business and intelligence reporting Mobi724 provides to be used as a tool for marketing and sales purposes. This SAAS (software as a service) model with a monthly fee and per transaction performance variable fee basis accommodates well this market segment.

Marcel Vienneau - CEO of Mobi724 Stated "We are extremely happy with the renewed contract and its expansion that reflects the high quality and value of our solutions and services and feel confident that we will keep our commitment to help our customers and IRSA in particular in its marketing strategy".

Diego del Rio - Marketing Director of IRSA Stated "The solution provided by Mobi724 has helped us get more real-time insight of our customer focused programs, improved the user experience and provided us with the needed tools to support our marketing decisions for our more than 1200 retailers/merchants in our network".

About IRSA.

In Argentina, IRSA Propiedades Comerciales owns and operates 15 of the largest shopping center, including: Abasto Shopping, Alto Avellaneda, Paseo Alcorta, Buenos Aires Design, Alto Palermo, Patio Bullrich, Dot Baires Shopping, Soleil Premium Outlet, Distrito Arcos, Córdoba Shopping, Mendoza Plaza Shopping, Alto Rosario, La Ribera Shopping, and Alto Noa Shopping

Recently IRSA has launched new card related discounts and rewards programs in several of its malls based on the success of its ongoing programs.

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About Mobi724 Global Solutions

Mobi724 Global Solutions Inc. (CSE: MOS), a Fintech corporation based in Montreal (Canada), offers a unique and fully integrated suite of solutions - PAYMENT-COUPONING AND LOYALTY all in one, a leader in the Fintech industry.

Our vision is to enhance the value of commoditized payment transactions to the players in this eco-system (card associations, banks, mobile carriers and retailers) by adding layers of intelligence to these card-linked transactions (i.e. smart transactions) in a seamless manner for all the players in the eco-system.

Mobi724 Global Solutions unleashes the true potential of both payment and card-linked couponing/rewards transactions for both online and offline points of sale (POS).

The Corporation provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enables card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and "track and measure" incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.

Our credit and debit EMV payment solutions will allow banks to process end to end EMV transactions, focusing on authentication, approved security and quick merchant adoption which allows the users to process payments with a wide range of devices over a secure and seamless transaction.

Mobi724's PCI and EMV cloud-based switch, with their device agnostic connectivity, simplifies deployment and integration, and introduces new payment and digital incentives solutions to the market enabling multi layered intelligent transactions therefore SMART TRANSACTIONS.

For more information on its products and on Mobi724 Global Solutions, visit www.mobi724globalsolutions.com.

Certain statements in this document, including those which express management's expectations or estimations with regard to the Company's future performance, constitute "forward-looking statements" as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States. 

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