Toronto, ON, May 7th 2018 – Fintech Select Ltd. (“Fintech Select” or the “Company”) (TSX-V:
FTEC) is pleased to announce that it plans to launch its new Interac funding feature and payout
module through a strategic technology partnership with a payment service provider.
The company’s latest technological addition of the Interac funding feature will allow consumers
to immediately fund their Selectcoin cards through the use of the Interac service, and direct
funds from their bank accounts to their Selectcoin cards. It also will allow consumers to transfer
their funds from their Selectcoin cards to their bank accounts, as soon as the online sell feature
is completed on the Company’s website.
This feature was one of the most important features that needed to be added to the Selectcoin platform. We believe the eco-system will be more attractive to Selectcoin consumers once they
are provided with an alternative way of loading their cards. This feature will allow the Company
to reach a larger number of consumers who can participate in the Selectcoin eco-system
outside the POS network.
We understand our shareholders have been patiently awaiting news on our roll out strategy, and we are optimistic that key updates will be released regarding the roll out of the Selectcoin platform to a larger number of consumers and retailers.
Our company is now in a better financial position than it has been in years, and as we continue
to expand our Cryptocurrency platform, we are also still committed to growing revenues across
The Selectcoin platform allows consumers to:
1. Load Selectcoin cards at any Point-Of-Sale (POS)
2. Load Selectcoin cards online through the new Interac feature
3. Buy Cryptocurrencies directly through a Point-of-Sale (POS) terminal onto the closed
loop Selectcoin upon swiping the card on the POS terminal
4. Buy Cryptocurrecnies online through the Selectcoin.io website
About Fintech Select Ltd.
Fintech Select is a provider of robust and disruptive Pre-Paid Card programs, mobile banking
solutions and Cryptocurrency technologies. Fintech Select has enabled these core assets
which operate through separate divisions to work together harmoniously to create a new and
ubiquitous environment for consumers and businesses alike. Fintech select also operates an
international call centre that provides fulfillment and customer service support to customers
across all three platforms mentioned. Our mission is to provide customers with choice,
convenience and cost-effective ways to facilitate traditional and crypto financial transactions.
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