CUV Ventures Corp. EasyPAY Costa Rica MOU For RevoluPAY® Remittance Deliveries To And Originating From Costa Rica
15 4월 2019 - 9:00PM
CUV Ventures Corp. (TSX-V:
CUV) (the “Company”) is pleased
to announce that it has it has signed a memorandum of understanding
(“MOU”) with PHILLGUS DE CENTROAMERICA S.R.L. operating as EasyPay
Costa Rica, on April 10th 2019. The MOU, signed by CUV CEO, Steve
Marshall and, Gustavo A. Reyes, CEO of EasyPay, outlines a mutual
desire to study the technical requirements for RevoluPAY® e-Wallet
family remittances and, cash advances for visiting tourists, to be
collected at over 50 agencies controlled by EasyPay
www.phillgusca.com in Costa Rica. The parties have agreed to work
on a Definitive Agreement (“DA”) concerning bilateral commissions,
the technical linking of payments settlement systems and, the
mechanism for the instant delivery of worldwide remittances and,
tourism focused cash-advances, in Costa Rica. The parties
anticipate arriving at a mutually agreeable arrangement very soon.
The Company would also like to thank Advisor, Emilio Morales, for
his assistance in forging this potentially valuable relationship
with EasyPAY.
About EasyPagos
EasyPay, headquartered in San Jose, Costa Rica,
currently provides logistical payment deliveries for many of the
world’s largest remittance companies. EasyPAY manages over 50
physical delivery bureaus across the length and, breadth of Costa
Rica, servicing: major cities, smaller towns and, villages.
Remittance and Tourism Data for Costa Rica
Costa Rica is estimated to receive over $562
Million USD annually through international remittances.
Additionally, Costa Rica is one of few South American nations that
is also an originator (sender) of significant remittances.
Approximately $900 million USD are sent from Costa Rica to,
predominantly, Nicaragua, China and Colombia. Furthermore, Costa
Rica remains a popular South American tourism hotspot, with
approximately 2.8 million visitors annually. The Company’s
RevoluVIP platform (page 17) will offer specific offers to Costa
Rica on the VIP country website therefore, the proposed agreement
with EasyPAY will allow visiting tourists easy access to local
currency through their RevoluPAY® app.
About RevoluPAY®
The Company’s flagship technology is RevoluPAY®,
the Apple and Android multinational payment app. Built entirely
in-house, RevoluPAY features proprietary, sector specific,
technology of which, the resulting source code is the property of
the Company. RevoluPAY’s built-in features include: Leisure
payments, travel payments, retail and hospitality payments,
remittance payments, real estate payments, pay-as-you-go phone
top-ups, Utility Bill payments, etc. RevoluPAY is powered by
blockchain protocols, and, is squarely aimed at the worldwide
multi-billion dollar leisure sector and, + $595 billion family
remittance market. RevoluPAY® is operated by the European wholly
owned subsidiary RevoluPAY S.L located in Barcelona. RevoluPAY S.L
operates under European E-money - Directive 2009/110/EC through a
licensed electronic money institution or EDE Banking Licensed
entity.
RevoluPAY Presentation
About CUV Ventures Corp.:
CUV Ventures Corp. is a multi-asset,
multidivisional publicly traded Canadian company deploying advanced
technologies in the; Online Travel, Vacation Resort, Mobile Apps,
Money Remittance, Mobile phone top-ups, Invoice factoring,
Blockchain Systems, and Fintech app sectors.
Our flagship technology is RevoluPAY®, the Apple
and Android multinational leisure payments and remittance app,
powered by blockchain protocols, and aimed at the worldwide + $595
billion family remittance market. Click here to read more.
For further information on CUV Ventures Corp.
(TSX-V: CUV) visit the Company’s website at www.cuvventures.com.
The Company has approximately 134,115,000 shares issued and
outstanding.
CUV VENTURES CORP.
“Steve Marshall” ______________________STEVE
MARSHALLCEO
For further information contact:Don MosherCUV
Ventures Corp.Telephone: (604) 685-6465Toll Free:
800-567-8181Facsimile: 604-687-3119Email: info@cuvventures.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES
OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
This release includes certain statements that
may be deemed to be "forward-looking statements". All statements in
this release, other than statements of historical facts, that
address events or developments that management of the Company
expects, are forward-looking statements. Although management
believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance, and actual results or
developments may differ materially from those in the
forward-looking statements. The Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should change. Factors
that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and
financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for
further information.
CUV Ventures (TSXV:CUV)
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