Vodafone, Upco International, Apple: Phone, Pay, Chat!

In a current article from November 9, 2020, André Will-Laudien, author at News.Financial, writes about the companies Vodafone, Upco International, and Apple. You can find the complete article here.

Here is an excerpt from this article:


UPCO offers a fascinating business model internationally. The small Canadian Company operates an entirely self-sufficient Internet cell phone platform for communication and data traffic. Founded in 2014 and headquartered in Vancouver and New York City, the Vancouver-based telecommunications and digital services Company owns a competitively priced, high-quality, privacy-protected social platform for telecommunications and communications payments.

The chief attraction is its geographical positioning. The Company offers its services where telephony is still expensive and cumbersome, in so-called emerging or niche markets. In such countries, the big telecom operators are still the local top dogs. However, UPCO offer normally priced Internet access with which a smartphone owner can make a VOIP (Voice-over-IP) call, i.e. making phone calls via the data line. If the other party also has UPCO installed as an app, this call is free, just like Skype or WhatsApp.

But now UPCO offers two more features. Firstly, by using wholesale discounts, it is possible to make cheap international calls via VOIP to any network connection, which would otherwise not be affordable in countries in the Middle East, Africa or Asia. And the second feature has just been rolled out and is in the test phase: UPCO Pay. The customer owns a so-called e-wallet with his bank accounts and possibly also crypto accounts and can send money with one click within a secure crypto environment. So if you want to support a close relative or friend remotely, UPCO allows you to transfer funds within the shared chat function at 40% less than traditional credit card payments. UPCO is revolutionizing mobile payment and is currently working on a B2B solution for retailers and restaurants. The stock is worth just CAD 4 million…and that with these service packages, almost unbelievable!

© Copyright 2020 – News.Financial

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