iQSTEL confirmed entering into a letter of intent agreement with Payment Virtual Mobile Solutions LLC to build a VISA Prepaid Debit Card service.
This service will enable iQSTEL clients to make purchases in stores and online, do cash withdrawals at ATMs or get cash-back when making a purchase, recharge prepaid mobile phone service (domestic and international), send money domestically or internationally, deposit funds into bank accounts, rewards and Digital Gift Cards, Bill Payments and Remote Deposit Capture by mobile phone.
iQSTEL currently offers a range of telecommunication services anticipated to generate an estimated $40 million in annual sales in 2020. The company recently announced the launch of a new Fintech Division to provide services the growing 272 million population of international migrants.
