GlobeNewswire Inc | Jun 11, 2021 11:29AM EDT

June 11, 2021

Noteworthy Recent spotlight has been focused on the company's dealings with Visa Everywhere Fintech, Mumbai Gov't Fintech JV, Axepay FX Cross-border Payment Rails, Chat Bot AI code library acquisition, OriginatorX - Ethereum Token Issuing & Patent Tokenization and Xpay World Singapore Payment minority ownership.

New York, NY, June 11, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire--Smartcard Marketing Systems Inc.(OTC:SMKG)announced todaythe company is on track to meetcurrent status filings andin additionproceedingwithfilings to qualify for trading intheCanadianMarket.Thepublished audited statements for 2020 Dec 31styearend by aPBAOC Auditor (BFBorgers CPA PC), and 1st Qtr March 31st2021also published on the OTCMARKETS.com,with recentupdated information andupgradedPink Compliant status.

Furthermore, the companyhashad discussions with both IIROC andLAutorite Du MarcheQuebecon how to proceed and continuous disclosure requirements inordertoqualifywithNational Instruments 51-101.Thecompany will also pursue underguidance theS1 registration.

SEC Form S-1 isan SEC registrationrequired for U.S. companies that want to be listed on a national exchange. It is basically a registration statement for a company that is usually filed in connection with an initial public offering. Any amendments or changes that have to be made by the issuer are filed under SEC Form S-1/A.

CEO Massimo Barone stated, We are pleased with the progression despite some delaysduring these times but areconfidentintheguidance and steps forwardwithourMarketadvisors.Thecompany is on track to a successful yearwith respects to commercial deployments in several markets with keypartners andfinancial institutionsanda solid bookof merchantactivations.We have secured multiple relations directly and indirectly through our minority interests with telecom and banks that will create significant value and showcase the major investments in ourIntellectualProperty andFintech/ Paytech accelerator program.

The portfoliowe developedprovidedkeyinfrastructure applications for Ecommerce,Cloud and Mobility,enabling marketplaces with Blockchain, Tokens and Wallet solutions for multiple industries.Thestrengthof our Cross-border Payment FX rails forTreasury and SupplyChain management is at thecore allowing us tounderwrite deals much fasterinover 42supported Countries.

The companyis indiscussions withPrivate Equity funds and has received multipleoffers for fundingtermsfor ELOCsof 3 yeartermsupward of $25mUSD and $35m CDN.These aresignificantas itprovides astrongbase for ourundertakings withFinancialInstitutionsin several marketsand quantifies ourinvestmentinto ourIntellectual Properties over the recent years.

About us

SmartCard Marketing Systems Inc (OTC:SMKG)is an industry leader in specialized industry cloud and mobility applications to the global PayTech and FinTech markets. SMKG is an entrepreneurial boutique technology company, providing business intelligence and digital transformation strategies with a proprietary portfolio of applications and wireframes for banking, enterprises, retail e-wallets, digital id-eKYC, digital workforce, events management, education, telemedicine and ride-booking industries.

For more info visitwww.smartcardmarketingsystems.comor visit our business applications marketplace atwww.Emphasispay.com.

We seek a safe harbor.

CONTACT:

Massimo Barone CEOmbarone@smartcardmarketingsystems.comSmartCard Marketing Systems Inc.OTC:SMKG Ph: 1-844-843-7296news@smartcardmarketingsystems.com