Vancouver (Canada) and Santa Cruz de Tenerife (Spain), Jan. 15, 2024 (GLOBE NEWSWIRE) — RevoluPAY EP S.L. (“RevoluPAY”), an entirely owned subsidiary of RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2), (Munich: A2PU92), and MyFullTrip SA (“MyFullTrip“) a subsidiary of Vesilen Funding SL (“Vesilen”), are happy to announce that they’ve entered right into a non-arms size expertise sharing and license switch Memorandum of Understanding (MOU) that signifies a revolutionary step in direction of integrating an improved cost resolution with loyalty program expertise and personalised journey experiences, thereby redefining the client expertise.
Below the phrases of this non-binding MOU, RevoluPAY, MyFullTrip goal to mix their technological proficiencies to supply a complete vary of merchandise and cost companies. MyFullTrip’s loyalty instruments for managing subsidy insurance policies, their experience within the tourism sector and their complete market will probably be important components on this collaboration. This MOU serves as a framework for future agreements and facilitates cooperation, fostering a relationship based on mutual understanding and respect.
Bernard Lonis, Chairman of RevoluGROUP and Vesilen, expressed his enthusiasm stating, “This settlement will revolutionise the client expertise via a collaboration that honours the distinct traits of every participant. Our partnership with MyFullTrip unifies the service provider and buyer with a singular shopping for expertise mixed with a loyalty platform which will probably be supported by the robust monetary programs of RevoluPAY. This transformative alliance focuses on each mutual progress and moral and truthful progress.”
Proposed Revolutionary Options via the MyFullTrip Partnership
RevoluGROUP can also be excited to unveil a set of groundbreaking options proposed via this collaborative settlement; these options are proposed to incorporate:
- RevoluLOYALTY: A buyer loyalty program designed to reward common customers of RevoluGROUP’s suite of companies with unique advantages and reductions. Utilizing a points-based system, customers accrue factors each time they use any RevoluGROUP service, akin to RevoluPAY, RevoluSEND, RevoluCHARGE, RevoluUTILITY, or RevoluFIN. Gathered factors may be redeemed for varied rewards, together with service reductions, money again, or unique merchandise.
- RevoluPASS: RevoluPASS offers a bundle of vacationer experiences, enabling guests to discover their vacation spot, benefit from its most engaging locations, museums, and theme parks, and revel in further vacationer actions. It presents privileged or free entry for a sure interval, fostering a contemporary and welcoming picture for town and inspiring elevated tourism and consumption. Below the phrases of the MOU, this would come with locations supplied via ADELYA’s current “Metropolis Cross” platform.
- RevoluBONUS: A software designed for public administrations, enabling them to digitally apply subsidies and support on to their inhabitants. It offers full traceability and evaluation of all knowledge, transactions, and execution of budgets akin to consumption vouchers to retail commerce, cultural or social vouchers.
- RevoluMARKET: A proposed complete Market that permits all retailers with a RevoluPAY service provider account to arrange an internet retailer. It permits them to promote their stock worldwide by integrating cost and transport programs on the identical platform. These initiatives showcase RevoluGROUP’s dedication to offering value-added companies to its customers and companions.
Gavin McMillan, CEO of RevoluGROUP, stated, “The proposed options will permit us to carry to market a singular loyalty software designed to boost our VIP journey platform, add further advantages to our loyal RevoluPAY purchasers and white-label companions, as properly carry additional worth to new retail commerce, wholesalers, purchasing centres, associations, corporations, and organisations.”
Non-Arms Size Disclosure
Please notice that Bernard Lonis serves twin roles as Chairman of RevoluGROUP and Vesilon Investments, constituting a non-arms-length relationship. All transactions and agreements involving these two entities are performed with this relationship totally disclosed and thought of. This ensures transparency, truthful dealing, and all agreements shall be written to satisfy all relevant legal guidelines and rules.
About MyFullTrip
MyFullTrip is a trailblazing journey platform that’s reworking how folks uncover the world and interact with native companies. Our progressive expertise platform specialises in creating personalised experiences, offering varied merchant-based voucher options. We provide:
- Direct connections between prospects and native retailers
- Cashback Rewards for purchasing and eating at native companies
- Empowerment of native economies and assist for neighborhood progress
MyFullTrip additionally presents cutting-edge companies to public our bodies like native and municipal governments and enterprise associations. We offer a complicated digital dashboard and a rule-based administrative system to facilitate the distribution of varied subsidies. Our companies have reached nice heights, with over 500,000 vouchers issued, equating to roughly 15 million euros in worth.
MyFullTrip has additionally signed an MOU with the Spanish Confederation of Historic Facilities (COCAHI). This partnership proposes to increase the MyFullTrip record of locations, quantity of vouchers and whole worth of vouchers – to incorporate the 60 cities represented by COCAHI throughout Spain. COCAHI, a prestigious affiliation devoted to selling the event of commerce, hospitality, and impartial companies in Spain, brings to the desk an enormous community of assets and contacts.
For extra data
MyFullTrip Web site
Contact: data@myfulltrip.com
About RevoluPAY®
The Firm’s flagship Neobanking expertise is RevoluPAY®, the Apple and Android multinational cost app. Conceived fully in-house, RevoluPAY options proprietary, sector-specific expertise of which the ensuing supply code is the Firm’s mental property. RevoluPAY’s built-in options embrace Remittance Funds, Foreign exchange, Retail and Hospitality funds, Actual Property Funds, pay-as-you-go cellphone top-ups, Present Playing cards & On-line Credit, Utility Invoice funds, Leisure funds, Journey Funds, and many others. RevoluPAY is aimed on the worldwide multi-billion greenback Open Banking sector and + $630 billion household remittance market. RevoluPAY® is operated by the European wholly owned subsidiary RevoluPAY EP S.L situated in Barcelona. RevoluPAY is a licensed United States MSB, Canadian FINTRAC, and European PSD2 cost establishment 6900 below E.U. Directive 2015/2366 with EU Passporting. RevoluGROUP Canada Inc. controls 5 wholly owned subsidiaries on 4 continents.
About RevoluGROUP Canada Inc.
RevoluGROUP Canada Inc. is a multi-asset, multidivisional, publicly traded Canadian Firm deploying superior applied sciences in; Banking, Cellular Apps, Cash Remittance, Cross-Border Foreign exchange Funds, Cellular Telephone High-Ups, EGaming, Healthcare Funds, Esports, Bill factoring, On-line Journey, Trip Resort, Blockchain Programs, and Fintech app sectors. Click on right here to learn extra.
For additional data on RevoluGROUP Canada Inc. (TSX-V: REVO), go to the Firm’s web site at www.RevoluGROUP.com.
RevoluGROUP Canada, Inc.
“Gavin McMillan”
______________________
Gavin McMillan
CEO and Director
For additional data, contact:
RevoluGROUP Canada Inc.
Phone: (604) 332 5355
Electronic mail: data@revolugroup.com
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This launch consists of sure statements which may be deemed to be “forward-looking statements”. All statements on this launch, apart from statements of historic details, that deal with occasions or developments that Administration of the Firm expects, are forward-looking statements. Though Administration believes the expectations expressed in such forward-looking statements are primarily based on cheap assumptions, such statements aren’t ensures of future efficiency, and precise outcomes or developments might differ materially from these within the forward-looking statements. The Firm undertakes no obligation to replace these forward-looking statements if Administration’s beliefs, estimates or opinions, or different components, ought to change. Components that would trigger precise outcomes to vary materially from these in forward-looking statements, embrace market costs, exploration and improvement successes, continued availability of capital and financing, and normal financial, market or enterprise situations. Please see the general public filings of the Firm at www.sedarplus.ca for additional data.
