How Far Will It Go? iQSTEL Inc. (OTCMKTS:IQST) Makes An Important Announcement

iQSTEL Inc. (OTCMKTS:IQST) is gaining momentum on Thursday on very unusual volume.

IQST – iQSTEL Visa Money One Launch Coming In June To Include Cryptocurrency Platform

confirmed the launch of its Visa Debit Card services, under the brand name Visa Money One (VIMO), is on schedule to launch next month in June.

IQSTEL’s Global Money One subsidiary will launch the VIMO services on time, next month according to plan.

  • The VIMO services will include much more than just a debit card.  VIMO will offer One-Stop-Shopping Fintech services that offer a complete banking ecosystem to include providing customers with the ability to open a US Bank Account, and utilize a Mobile Wallet that includes the Visa Debit Card.
  • Now, by connecting with an existing coin exchange to be revealed soon, iQSTEL’s Global Money One VIMO branded services will also give customers the ability to buy and sell cryptocurrencies.

“Cryptocurrencies are here to stay,” commented Leandro Iglesias, CEO of IQSTEL. “Including a cryptocurrency function within our new VIMO branded banking ecosystem we feel is vital to making VIMO a relevant leading-edge service into today’s Fintech market.  We believe our new VIMO branded banking ecosystem can generate $128 million in revenue for IQSTEL over the next five years.”

Market Action

As of 12:43, IQST stock is trading up by 8.08% to $0.535. The stock has witnessed a total volume with 617K shares, compared to its average volume of 1.89 million. The stock has moved within a range of $0.4875 – 0.5450 after opening the trade at $0.49.

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