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HUMBL Inc (OTCMKTS:HMBL) Stock On Radar After Launch of Merchant Payments Via Major Credit Cards

Madison Hall , , , ,

Yesterday HUMBL Inc (OTCMKTS:HMBL) announced that it had launched HUMBL merchant payment support by way of major credit cards. The major credit cards in question include Visa, American Express, Mastercard and Discover & Diners. It was a significant new announcement from the company and one that could prove to be a source of optimism for many investors.

Trading Data

On Wednesday, HMBL stock fell 1.52% to $0.0065 with 32.60 million shares, compared to volume of 25.02 million shares. The stock moved within a range of $0.0064 – 0.0069 after opening trade at $0.0066.

HUMBL® Announces Launch of Merchant Payments Via Major Credit Cards

The platform that is offered by the company offers an ‘all in one’ solution to both merchants and customers. It offers a digital wallet, authentic marketplace, social media and search engine. In addition to that, it ought to be noted that all the customers and merchants are verified by an independent entity so that the reviews, users and ratings across the platform are authentic.

The Chief Executive Officer of the company Brian Foote announced that the platform had suffered from the problem of bots and fake reviews and profiles. Hence, the company decided to make the platform a place where people could only come across authentic reviews from verified people. The latest feature enhancement would be particularly important for those merchants who have to move from one place to the next for their work. It would help them in collect digital cashless payments at the point of sale easily.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.