- Consumers
are becoming more interested in cryptocurrency and alternative methods of
payment
- Recent
revenue sharing partnership will allow the company to provide its customers
access to ATN Trading’s a fast and efficiency crypto trading engine
- Xalles
was among the first providers of payment and financial transaction
management solutions through proprietary blockchain-based X2X technology
As the cryptocurrency sector is expanding and there is
growing demand and interest in crypto payment solutions, fintech holding
company Xalles Holdings Inc. (OTC: XALL) is intent on becoming
the go-to option on the automated cryptocurrency trading market while making
trading and related services more accessible to clients of any size.
A growing number of banks are developing cryptocurrency
strategies as Federal Reserve interest rates plummet. Fiat money is very
vulnerable to centralized bank control, which paints a good picture for a
decentralized system such as Bitcoin, which are not susceptible to direct
influence by bankers and governments (http://ibn.fm/Hx6xZ).
In addition, more and more consumers are interested in
cryptocurrency and other alternative payment methods. About 75 percent of
respondents in a Global Payments Insight Study by ACI Worldwide and Ovum said
consumers want a broader choice of payment tools, prompting companies to
consider investing in this area, and mobile payment systems in general are
expected to grow in popularity and will become less dependent on fiat
currencies, according to Business Insider Intelligence. Among the consequences
of this is that non-cash transactions will surpass one trillion by 2023 (http://ibn.fm/x7Y0c).
Xalles Holdings is uniquely positioned to take advantage of
these new market opportunities and emerge as a reputed provider of automated
crypto trading options. The company’s recent partnership with All The Numbers
Trading Company, LLC (d/b/a ATN Trading) to enhance distribution of the
latter’s powerful crypto trading solution is the first major step in this
direction. The agreement signed between ATN Trading and Xalles Holdings’ wholly
owned subsidiary Xalles Financial Services Inc. provides that the companies
will share revenue resulting from the distribution of ATN’s crypto trading engine
(http://ibn.fm/Q2cj6).
Under the agreement, Xalles will distribute the crypto
trading engine to a large community of traders among its contacts and within
its client base of expert traders and institutional firms. Customers will be
able to connect their Coinbase or Binance accounts to ATN’s automated
cryptocurrency trading engine to trade a vast number of many currencies and
will not be required to pay a fee if they don’t make a profit. The ATN trading system
offers quick and efficient trading, thus addressing one of the largest issues
with cryptocurrencies – their relatively high volatility as they are traded
24/7, making fast trading crucial for profitability and success.
The agreement is also an excellent opportunity for Xalles to
profitably participate in the cryptocurrency investment market while also
advancing the company’s plans to make cryptocurrency trading and other related
services more accessible to clients for large and small traders.
Xalles Holdings’ business plan focuses on business,
consumer, and government-oriented payment and financial reconciliation
transactions. Xalles is building technology that supports payment exchange,
audits, and new business models and opportunities all over the world by
combining the blockchain decentralized financial ledger platform with the
company’s existing, state-of-the-art transaction reconciliation system design.
Xalles will launch new reward systems and services card and mobile payment and
will expand the technology offerings for e-commerce engines and referral
marketing.
Xalles was among the first providers of payment and
financial transaction management solutions through proprietary blockchain-based
X2X technology. One of these solutions is the IFS (Investment and Financing
System), which provides links to Xalles’ Financial Transaction Reconciliation
(FTR) solution, supports complex investment structures, assists international
investment corporations, and more.
Always on the lookout for fintech growth and acquisition
opportunities, Xalles Holdings aims to become the main payment system provider
in strategic partner solutions. The company devises customized approaches to
help companies enhance their market presence and achieve success in their
financial transaction system offerings by providing various levels of
investment services and funds, including blockchain and other technologies for
payments, e-commerce, payment-auditing solutions and financial reconciliation.
For more information, visit the company’s website at www.Xalles.com
NOTE TO INVESTORS: The latest news and updates
relating to XALL are available in the company’s newsroom at http://ibn.fm/XALL
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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