SmartCard Marketing Systems Inc (OTC:SMKG) Partnership with Axepay Inc., Fintech Service Provider of Cross-Border RMB Services & FX Settlements for Merchants ,launches in Las Vegas today at the...

LAS VEGAS, Oct. 23, 2017 /CNW/ - Axepay Inc. will be hosting at booth S48 at the Venetian/The Palazzo Hotel at the Money2020 show, the World's Largest Payments & Financial Services Innovation Event with 11,000+ Attendees from 4,500+ Companies and 85 Countries including 1,700+ CEOs & Presidents and 400+ Speakers.

The Companies announced today the launch of the Cross-Border partnership for RMB, providing International merchants with both ecommerce and escrow transaction payment services in and out of China on a B2B and B2C basis. The partnership between the Companies combines SmartCard's CMS & Payment Gateway with the unique licensing agreements and FX settlement services of Axepay Inc. including Axepay's multi-channel RMB cross-border payment solution (mobile, ecommerce, call center, in-app, direct debit and recurring payments) that provides access to the debit card mass market of China.

About China's Economy

As China's domestic firms shift to higher-margin business, they are open to foreign companies to supply them with high-value goods and services and can tap into the rapidly growing Chinese middleclass. China's state-owned enterprises (SOEs) are investing outside China, creating opportunities for internationally minded companies to participate in massive capital projects in Asia, Africa and Europe.

Source; http://www.business.hsbc.com/china-growth?cid=HBEU:Gr:P1:XX:01:1707:001:bri2017#

RMBI facilitates a new phase for globalization

Renminbi (RMB) internationalization has gone full steam ahead against the backdrop of the appreciation of the currency.

Source: 1 Aug 2017Candy Ho Global Head of RMB Business Development, Markets, HSBC

http://www.business.hsbc.com/rmb-internationalisation/rmbi-facilitates-a-new-phase-for-globalisation#

About SmartCard Marketing Systems, Inc.

SmartCard Marketing, Inc. (SMKG:OTC) is a Fintech technology solutions provider to the global payments industry, delivering a cloud-based EMV Host platform to Issuing & Acquiring banks, telecoms & enterprises. In addition, offering proprietary transaction software solutions & services, Genorocity, a coupon & incentive management platform, Check21SAAS a Remote Check Deposit solution, Mtickets.events, for mticketing & events management & Emphasispay, a payment ecosystem for alternative payment solutions. For more information, go to www.smartcardmarketingsystems.com

About Axepay Inc.

Axepay Inc.is a Fintech Service Provider for China Cross-Border RMB payments with integrated FX clearing and settlement including KYC/AML for China businesses and individuals. Axepay's mission is to deliver a seamless and cost-effective cross-border RMB payment experience to merchants internationally, both on a B2C and a B2B basis.  Services include: Cross-Border RMB , B2B/B2C , VirtualPay • Ecommerce • EPOS , MPOS (mobile payments), Online KYC & AML, Merchant Services, Retail & Enterprise, Int'l Multi-Currency, Currency Exchange Services / Wire & Settlement, Prepaid Card Services.

www.axepay.com

SOURCE SmartCard Marketing Systems Inc (SMKG)