SmartCard Marketing Systems Inc (OTCMKTS:SMKG) Stock Soars After Latest News

Last week SmartCard Marketing Systems Inc (OTCMKTS:SMKG) provided an update with regards to cross border payments of foreign exchange becoming increasingly more popular in a volatile world. The company noted that it was in a strong position to work on the growth of the cross border payments space through foreign exchange automation.

Trading Data

On Friday, SMKG stock increased 23.75% to $0.0099 with 128.75K shares, compared to its average volume 35.52K shares. The stock moved within a range of $0.0065 – 0.0100 after opening trade at $0.0065.

SmartCard Marketing Systems Inc. (OTCQB) Cross-Border Payments And FX Becoming Real!

The company operates the Axepay platform and cross-border payment rails. It is made up of many partners from all over the world from more than 60 nations. In addition to that, the platform also offers more than 35 currencies.

Hence, SmartCard Marketing Systems is in a position to provide financial institutions and enterprises with a strategic platform which a number of embedded utilities. Those utilities include foreign exchange quote desk as well as trading so as to optimize payments all over the world.

The company went on to claim that SmartCard Marketing Systems did not only offer payment related technology solutions but also payment gateways which are embedded, paytech and cross border payment rails. The company also deploys blockchain in a creative way and hence it has been able to come up with highly sophisticated solutions, which are seamless and easy to use for customers.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.