Mobi724 Global Solutions Inc.
CNSX : MOS

Mobi724 Global Solutions Inc.

February 11, 2016 08:45 ET

Mobi724 S.R.L. Inc., a Wholly Owned Subsidiary of Mobi724 Global Solutions Inc. (CSE:MOS), Signs a Commercial Agreement with First Data Cono Sur S.R.L.

Revolutionary, strengthened and more secure, payment card linked and mobile redemption platform solution is ready to be rolled out.

MONTREAL, QUEBEC--(Marketwired - Feb. 11, 2016) - Mobi724 Global Solutions Inc. ("Mobi724 Global" or the "Company") (CSE:MOS), a technology leader in the digital incentives, couponing and payment space, announces that its wholly owned Argentinian subsidiary, Mobi724 S.R.L. Inc. ("Mobi724 Argentina"), has signed a commercial agreement with First Data Cono Sur S.R.L. ("First Data") to route its transactions and offer its innovative solutions to First Data's partner banks and retailer clients.

The integration of the Mobi724 platform with First Data's gateway will allow immediate authorization of coupons and/or rewards redemptions.

This agreement will enable First Data and Mobi724 Argentina to offer Mobi724's Digital Incentive Engine and services platform to retailers, offer providers, mobile operators and card issuers to create, manage, deliver and authorize incentive campaigns to ANY mobile device or payment card.

Marcel Vienneau CEO of Mobi724 Global stated: "The agreement with First Data Cono Sur S.R.L. will allow us to bring our solution to every Point of Sale where First Data is connected in Argentina, enabling the use of the Mobi724 platform for redemption of card linked coupons and rewards in a seamless transaction process for both their banks and merchants. This will enable us to accelerate our market growth with their banks' card portfolios. This white label solution will enhance the traction in retail sales and follows the growing trend in consumer buying behavior based on promotions and coupons."

About First Data Cono Sur S.R.L.

First Data Cono Sur SA is based in Argentina and operates as a subsidiary of First Data International Incorporated, which is a global leader in payment technology and services solutions. With 23,000 owner-associates and operations in 36 countries, the company provides secure and innovative payment technology and services to more than six million merchants and financial institutions around the world, from small businesses to the world's largest corporation, with a presence in 118 countries.

About Mobi724 S.R.L. and Mobi724 Global Solutions Inc.

Mobi724 S.R.L. of Argentina, is a wholly owned subsidiary of Mobi724 Solutions Inc., a Canadian corporation with offices in Montreal (Canada) and Buenas Aires (Argentina). Mobi724 Solutions Inc. is a wholly owned subsidiary of Mobi724 Global Solutions Inc. (CSE:MOS).

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

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.

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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