Vancouver, BC, November 22, 2019, Upco International Inc. (CSE: UPCO) (OTC: UCCPF) (FSE: U06) (“Upco”) is pleased to announce a partnership agreement with Dilbert International Ltd, an England and Wales private Company who introduces Paytogo : https://paytogo.app starting in Portugal and the United Kingdom
Upco developed an advanced eWallet system (UpcoPay), a front-end app with robust back-end software. Upco’s E-wallet manages transaction tracking, reporting and a full range of other functions.
This solution is based on live transaction processing through integration with Upco’s banking partners. Upco is gearing up to offer checking accounts to consumers, and Upco’s banking partners will handle all financial and compliance activities. This strategy will put Upco’s financial institution partners more in front of the E-wallet users. Upco opens the door for loyalty programs.
Paytogo.app users living in Europe will be integrated into the E-wallet “UpcoPay”. The terms of the recently signed Collaborative Agreement enables the users to pay and transfer funds thanks to a personal checking account and Prepaid card.
Directly after Dilbert has introduced the Paytogo.app users to the UpcoPay E-wallet, international money transfer, credit and debit card facilities will be implemented for the user.
Massimo Travagli Managing Director of Paytogo North America LLC and Paytogo Brazil LTD stated, “ the UpcoPay e-wallet fits perfectly in our expansion and distribution plan for Europe. Our users will have a better pay and transfer service and therefore more complete products on their mobile.”
“This is another milestone for our company” commented Mr. Andrea Pagani, Chairman of the Board of Upco, “In a rapidly evolving world, technology has reinvented commerce, and digital purchases are becoming more mobile-based, this alters the role the payment industry plays in this transition. We strongly believe that UpcoPay will have a role in this evolution.
Upco also reports that Mr. Franco Zanichelli, has resigned from the board of directors for personal reasons. The Board of Directors would like to thank Mr. Zanichelli for his contribution to Upco.
About Upco International Inc.
Upco International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. Upco is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business. Upco has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp. With the forthcoming addition of the Upco e-Wallet using Blockchain Payment Services, users will be able to: send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments. The application will also allow vendors to securely share account information with their clients.
ON BEHALF OF THE BOARD OF DIRECTORS
Andrea Pagani, CEO and Director
212 461 3676
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Except for the statements of historical fact, the information contained herein is of a forward-looking nature. Such forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of the Company to be materially different from any future results, performance or achievements expressed or implied by statements containing forward-looking information. Such factors include continued availability of capital and financing and general economic, market or business conditions.
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