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British Virgin Islands, July 6, 2021- An Sheng The project has announced cooperation with fintech companies Cardoro. The partnership will allow AXA Capital Bank Members embed AXIA Coin in global payment products, use card products in a more innovative way than most financial institutions, and expand the utility provided in the AXIA ecosystem.
“As AXIA continues to develop its inclusive ecosystem, the services and products provided to AXIA community members will continue to expand, not only can it be easier to integrate AXIA Coin as the preferred medium of exchange, but also from its use and value creation attributes. The card solution provided by Cardoro allows convenient payments using AXIA Coin. This is another example of how individuals and businesses can integrate everything that AXIA provides in their daily lives.” – Nick Agar, founder of AXIA.
AXIA expects to integrate Cardoro’s services into the AXIA ecosystem, especially for members of the AXIA Capital Bank platform. The recent launch of this digital bank provides participants of the AXIA network with the possibility of obtaining various financial benefits and incentives, including a 12% annual compound interest on AXIA Coin deposits. The project will now work with Cardoro to integrate its solutions for physical and virtual card issuance, external host authorization, card processing, and cardholder portal and mobile applications.
“We are very happy to be able to cooperate with the AXIA ecosystem through our services. AXIA is bringing about a financial revolution, and we want to be part of making it easier for people to use it.” -Chief Executive Officer Ken Sproul.
AXIA’s collaboration with Cardoro is part of a series of strategic partnerships aimed at expanding the launch of its inclusive financial ecosystem. The project has been working with leaders in the financial technology and blockchain industry to introduce a new ecosystem to create value for unbanked users and banks.
About AXA
AXIA Coin is an asset-backed global currency that uses innovative blockchain and smart contract technology standards to subvert the traditional financial structure, reduce participant costs, and promote a fairer and more inclusive economic model on a global scale . As a network, AXIA integrates multiple complementary applications that will lead the pace of the decentralized economy and drive mainstream adoption to improve global business processes. The currency provides sophisticated solutions that can serve as an ideal alternative to fiat payment systems and improve existing cryptocurrency models.
About Cardoro
Cardoro is a Singapore-based financial technology company that builds the world’s first fully integrated technology stack for organizations that want to launch card-based solutions for their global customer base. It makes prepaid card products accessible by taking the latest trends and adding them to the existing library of card management tools, all of which can be accessed through multiple API endpoints and cloud technology.
Media Contact:
Robert Pennington
Robert@thronepr.com
Source: CloudPress
Version number: 24566
Original Source >> AXIA and Cardoro cooperate to develop payment card product line
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