PHILADELPHIA, PA / ACCESSWIRE / March 23, 2022 / Pennexx (OTC PINK: PNNX) YSO is now issuing debit cards to consumers so that when a consumer uses YSO offers, they can be rewarded directly on a debit card that he can use anywhere MasterCard debit is accepted. Users and merchants can obtain their branded debit card electronically and can order a virtual and/or physical card.
This revolutionary addition to YSO can generate revenue for Pennexx on every trade. Customers can purchase and use the card like any other debit card, and it can be used to easily download cashback or universal rewards to the branded debit card. Consumers can go to https://cards.yoursocialoffers.com to get their card.
This debit card, along with YSO’s patent-pending technology in gift cards, coupons and loyalty rewards, will enable YSO to identify user purchasing practices. When coupons are redeemed or when they are entered into the merchant’s point-of-sale register, this information may be stored. This is an important step towards YSO’s artificial intelligence (AI) technology to help merchants target and market to their customers efficiently and cost-effectively.
YSO will allow merchants to collect their sales revenue and other revenue generated by YSO directly to their cards. Influencers and charities can receive funds instantly and effortlessly while reaching their followers.
“These additional services made available to our merchants and users will provide incredible flexibility and unprecedented benefits. Adding this payment platform to YSO will help bring more value to our shareholders,” said Joseph Candito, President of Pennexx.
The credit card industry has a significant effect on everyday life. 61% of American consumers have at least one credit card, and the average person has four. https://www.fool.com/the-ascent/research/credit-card-debt-statistics/#:~:text=Total%20credit%20card%20balances%20in,the%20average%20person%20has%20four
In 2019, in the Diary of Consumer Payment Choice, the Federal Reserve asked 3,016 consumers which payment methods they preferred to use. Debit cards were the most popular.
Vincent Risalvato, CEO of Pennexx, pictured above, said: “Our YSO debit card now gives us a direct way to put money in the hands of consumers when they redeem social media coupons. As far as I know, we are the first company to offer this type of direct reward linked to a debit card with social media. We envision this new technology to create a whole host of marketing opportunities and are excited to bring these ideas to life! »
Pennexx is a company that Simplifies social media by acting as the guide to social media for non-tech-savvy marketers. This allows them to acquire new customers and generate increased revenue, using the company’s proprietary technologies to unleash the power of “word of mouth” advertising. Social Media for Their Client’s Business today announced that, through its wholly-owned subsidiary YourSocialOffers.com, will offer its users and merchants the ability to get their own MasterCard® debit card.
The cards generate transaction fee revenue and the cards can be used for purchases on branded websites and apps, as well as third-party sites.
For more information
Pennexx will do its best to respond openly and publicly to your questions and concerns via social media on Twitter https://twitter.com/pennexx @pennexx, or you can email [email protected].
You can also follow them on Twitter;
Mr. Risalvato (@vrisalvato) https://twitter.com/vrisalvato and
Joe Candido (@jcandito) https://twitter.com/jcandito.
About Pennexx Foods Inc.
About Pennexx Foods Inc. (PNNX: OTCMKTS US). Pennexx, through its wholly owned subsidiaries, is a software/internet industry holding company focused on social media, prepaid debit cards, BitGift™, artificial intelligence, targeted marketing and rewards for consumers.
Safe Harbor Act: This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results or strategies and are generally preceded by words such as “may”, plan or “planned”, “will” or “should”, “planned”, “anticipates”, “draft”, “possibly” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ. significantly from those projected. in forward-looking statements due to various factors and other risks identified in a company’s annual report.
For more information, you can also visit our website at https://yoursocialoffers.com or https://pennexx.net or call 866-928-6409. Please follow us on Twitter @Pennexx.
THE SOURCE: Pennexx Foods, Inc.
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