AppTech (NASDAQ: APCX) is an enabler of specialty designed mobile payments for custom built commerce environments. For example, the company pioneered text-to-pay technology for contactless payments. This patented solution allows SMS payment and invoicing which simplifies the end user’s payment choice. What’s more, AppTech‘s solutions are GDPR and PCI compliant, regardless if a transaction is initiated in the ecommerce or physical (in store) environment.
AppTech also owns a number of patents for geolocation which can pin-point the location and time of any domestic user when engaging an advertisement on their mobile phone.
AppTech’s primary division is called FinZeo which in turn provides Payment-as-a-Service (PaaS), Banking-as-a-Service (BaaS), and the Commerse Portal. PaaS solutions include ACH (Automated Clearing House), credit and debit cards, eCheck, mobile processing, electronic billing and text-to-pay. PaaS also Addresses omni-channel, API driven, account based issuer processing for card, digital tokens and payment transfer transactions. BaaS has automated underwriting capability which allows businesses to choose the best financial partners for them, including connections to multiple processors at reduced rates.
The Commerse Portal empowers Independent Sales Organizations (ISO) and Independent Software Vendors (ISV) ingress to the suite of FinZeo‘s capabilities.
We view AppTech as an next generation, IP driven, cloud centric FinTech, which is simplifying the end-users’ transactional experience on their mobile phones.
