Jun 01, 2022 (WallStreetPR via Comtex) -- AppTech Payments Corp /zigman2/quotes/208386186/composite APCX -7.73% is developing a modular and highly scalable and secure Fintech platform that is set to fuel the future of commerce. AppTech's proprietary software provides progressive and adaptable products through a suite of synergistic offerings directly to merchants, banking institutions and business enterprises. The platform drives B2B, B2C and P2P capabilities in payments-as-a-service (Paas) and Banking-as-a-service (Baas), including cryptocurrency payments and contactless payment options like text-to-pay, QR, mobile-to-mobile and payments in the Metaverse. The APCX platform powers commerce so its clients, including SaaS, e-commerce, technology, retail, financial, and consumer brand companies can deliver seamless (commerce) experiences to their customers when, where, and how they want to transact.
So what makes AppTech Payments Corp different in the fintech sector?
Consumers, especially GenZ, are frustrated with high friction payment systems and poor digital shopping experiences. (3)(4)
Traditional payment systems were built long ago and were not built to scale for online and phone payments. (14)
AppTech Payments Corp. has the ONLY seamless digital payment system that integrates banking and merchant functions for frictionless transactions. (6)
MasterCard and VISA have signed on and are fully integrated in. (6)
The company has four patents that cover any invoicing or sale between a computer and computer, a computer and cellphone, and cellphone and a cellphone. (15)
Some of the other stocks in the Fintech sector include Square's /zigman2/quotes/205989440/composite SQ -0.46% , Paypal Inc /zigman2/quotes/208054269/composite PYPL +0.08% , Goldman Sachs /zigman2/quotes/209237603/composite GS -0.29% , Green Dot /zigman2/quotes/201388370/composite GDOT +0.18% , MercadoLibre /zigman2/quotes/200678442/composite MELI -1.20% .
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Source 3: https://www.digitaltransactions.net/consumers-say-friction-is-a-leading-cause-of-late-bill-payments-especially-online/
Source 4: https://www.marketingdive.com/news/brands-could-lose-fickle-gen-zers-over-poor-digital-experiences/598522/
Source 6: https://apptechcorp.com/digital-banking/
Source 14: https://www.jpmorgan.com/content/dam/jpm/treasury-services/documents/jpm-payments-are-eating-the-world.pdf
Source 15: https://apptechcorp.com/company/ #intellectualProperty
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