OZANK Joins Forces with RevoluGROUP to Enhance Global Payment Infrastructure
Provided By GlobeNewswire
Last update: Apr 11, 2024
Vancouver, BC and Barcelona, Spain, April 11, 2024 (GLOBE NEWSWIRE) -- RevoluPAY EP S.L. (“RevoluPAY”), a wholly owned subsidiary of RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2), (Munich: A2PU92) (the "RevoluGROUP” or the “Company”) is pleased to announce a strategic White-Label Agreement with the German payment services provider OZANK GmbH (“OZANK”). The white-Label agreement (signed on April 11th, 2024) focuses on the use of RevoluSEND services through seamless API integration to enable OZANK to expand its transaction network to include countries like India, North America and Mexico, China, Philippines, Indonesia, Singapore. Malaysia. UAE and Turkey. The agreement marks a significant step towards enhancing global payment solutions to these markets where German annual remittances are estimated to be over $2.8B (Source: KNOMAD/World Bank Bilateral Remittance Matrix 2021, December 2022.)
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