TORONTO, Nov. 09, 2017 (GLOBE NEWSWIRE) — Fintech Select Ltd. (“Fintech Select” or the “Company”) (TSX-V:FTEC) is pleased to announce that it will be launching a test pilot project around it’s physical Bitcoin product line to accompany the closed loop Selectcoin card at participating retail locations.
We have been working on the physical Bitcoin project in stealth mode over the last quarter and are pleased to announce that the first shipment of coins will be ready to be deployed alongside the Selectcoin card.
The Company believes that the physical state of these coins embed with fractional amounts of Bitcoin and interconnected to a wallet will have a larger mass appeal to consumers who might have had an interest in buying Bitcoin but might not want to go through the traditional online process. Furthermore, the physical state of Bitcoin storage on a physical coin format may also provide a novel way for cold storage safekeeping of this ever evolving new asset class.
“We believe that the creation of easy-to-acquire Bitcoin assets will allow the masses to readily participate in this emerging wealth creation, while also educating the masses regarding Cryptocurrencies,” states Mohammad Abuleil, CEO and President.
About Fintech Select Ltd.
Fintech Select is a provider of robust and disruptive Pre-Paid Card programs, mobile banking solutions and Cryptocurrency technologies. ?Fintech Select has enabled these core assets which operate through separate divisions to work together harmoniously to create a new and ubiquitous environment for consumers and businesses alike. Fintech select also operates an international call centre that provides fulfillment and customer service support to customers across all three platforms mentioned. ?Our mission is to provide customers with choice, convenience and cost-effective ways to facilitate traditional and crypto financial transactions.
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