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LiteLink Enters Into Strategic Alliance with SPARE to Bring the Virtual ATM Network to uBUCK Customers in the US LiteLink Enters Into Strategic Alliance with SPARE to Bring the Virtual ATM Network to uBUCK Customers in the US

VANCOUVER, British Columbia, June 24, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), a key player in logistics platforms and payment solutions, is pleased to announce that its wholly-owned subsidiary uBUCK Technologies SEZC (“uBUCK”) has signed a strategic alliance with Spare CS, Inc. (“SPARE”) to bring virtual ATM capabilities to uBUCK customers.

SPARE is a mobile ATM app that allows users to convert their digital balance into cash at registered merchants without the need for a debit card, credit card, or a brick and mortar bank.

The agreement will see SPARE provide QR code processing technology to uBUCK, giving uBUCK customers the ability to seamlessly convert their uBUCK into cash at 2,500 participating merchants in Los Angeles.

“We are extremely excited to partner with SPARE, a fintech startup that recently received a vote of confidence in the form of a $500,000 investment from Mark Cuban on Shark Tank,” said uBUCK CEO James Youn. “This alliance will not only provide uBUCK customers with more options for converting their funds, but it also aligns with our goal of serving the unbanked and underbanked communities.”

SPARE gives merchants the ability to convert their cash registers into an ATM, increasing revenue and foot traffic. For customers, it offers a more secure, convenient and affordable option for dispensing cash.

“We see a great opportunity in the strategic alliance with uBUCK, and digital wallets alike, that aim to serve the unbanked and underbanked populations of the world,” said SPARE CEO D’ontra Hughes. “We see such strategic alliances as integral to the widening of services for groups of the population that often pay exorbitant fees for some of the most basic financial services. We are honored to extend our service to users of a platform that can greatly benefit from our network and its ever-growing expansion across the United States.”

About LiteLink Technologies Inc.

LiteLink Technologies Inc.(CSE:LLT)(FRA:C0B)(OTC:LLNKF) is a major player in developing world-class enterprise platforms that utilize artificial intelligence, blockchain, and predictive analytics to solve fragmented and outdated technology problems in the logistics and digital payment industries. Our flagship 1SHIFT logistics platform offers real-time transparency and tracking which allows brokers, shippers, and carriers to track shipments and settle payments in real-time. For more information about LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), please visit litelinktech.com. If you would like to know more about the 1SHIFT logistics platform, please visit 1shiftlogistics.com.

About uBUCK Technologies SEZC

Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in decentralized digital payments and wallets. uBUCK Pay and Streambucks are P2P payment platforms offering consumers, businesses and merchants a fast, commission-free and highly secure alternative to traditional payment methods. uBUCK and Streambucks are stable utility tokens that are backed by the U.S. dollar via pin voucher purchases within the uBUCK Pay app or at participating resellers. Customers may load a uBUCK debit card and make online and offline purchases and send payments around the world for free.

About Spare CS, Inc.

SPARE is a cardless, “free to withdraw,” virtual ATM network, that effectively turns any business into an ‘STM,’ or ‘SPARE Teller Merchant’ who support the network by dispensing cash from the point-of-sale system to users who request cash outs from SPARE’s mobile application. The network provides users with immediate access to cash while eliminating withdrawal fees and helps to build community by increasing foot traffic to local merchants and creating peer-to-peer exchange rather than person-to-machine exchange.  Using patented mobile technology, SPARE allows users to enter any participating location and withdraw cash in seconds and for free by tapping their mobile device on the countertop chip reader.  No debit or credit card is required, as users may access funds from a growing range of services which today include any debit or credit card as well as Apple Pay, Google Pay, PayPal, Venmo Debit, CashApp Debit, and Coinbase wallets.

Forward-looking Statement

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the nature of the business of LiteLink Technologies Inc. (CSE:LLT)(FRA:C0B) (OTC:LLNKF), and other factors or information. Such statements represent LiteLink’s current views with respect to future events and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by LiteLink, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. LiteLink does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules, and regulations.

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LiteLink Enters Into Strategic Alliance with SPARE to Bring the Virtual ATM Network to uBUCK Customers in the US

VANCOUVER, British Columbia, June 24, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), a key player in logistics platforms and payment solutions, is pleased to announce that its wholly-owned subsidiary uBUCK Technologies SEZC (“uBUCK”) has signed a strategic alliance with Spare CS, Inc. (“SPARE”) to bring virtual ATM capabilities to uBUCK customers.

SPARE is a mobile ATM app that allows users to convert their digital balance into cash at registered merchants without the need for a debit card, credit card, or a brick and mortar bank.

The agreement will see SPARE provide QR code processing technology to uBUCK, giving uBUCK customers the ability to seamlessly convert their uBUCK into cash at 2,500 participating merchants in Los Angeles.

“We are extremely excited to partner with SPARE, a fintech startup that recently received a vote of confidence in the form of a $500,000 investment from Mark Cuban on Shark Tank,” said uBUCK CEO James Youn. “This alliance will not only provide uBUCK customers with more options for converting their funds, but it also aligns with our goal of serving the unbanked and underbanked communities.”

SPARE gives merchants the ability to convert their cash registers into an ATM, increasing revenue and foot traffic. For customers, it offers a more secure, convenient and affordable option for dispensing cash.

“We see a great opportunity in the strategic alliance with uBUCK, and digital wallets alike, that aim to serve the unbanked and underbanked populations of the world,” said SPARE CEO D’ontra Hughes. “We see such strategic alliances as integral to the widening of services for groups of the population that often pay exorbitant fees for some of the most basic financial services. We are honored to extend our service to users of a platform that can greatly benefit from our network and its ever-growing expansion across the United States.”

About LiteLink Technologies Inc.

LiteLink Technologies Inc.(CSE:LLT)(FRA:C0B)(OTC:LLNKF) is a major player in developing world-class enterprise platforms that utilize artificial intelligence, blockchain, and predictive analytics to solve fragmented and outdated technology problems in the logistics and digital payment industries. Our flagship 1SHIFT logistics platform offers real-time transparency and tracking which allows brokers, shippers, and carriers to track shipments and settle payments in real-time. For more information about LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), please visit litelinktech.com. If you would like to know more about the 1SHIFT logistics platform, please visit 1shiftlogistics.com.

About uBUCK Technologies SEZC

Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in decentralized digital payments and wallets. uBUCK Pay and Streambucks are P2P payment platforms offering consumers, businesses and merchants a fast, commission-free and highly secure alternative to traditional payment methods. uBUCK and Streambucks are stable utility tokens that are backed by the U.S. dollar via pin voucher purchases within the uBUCK Pay app or at participating resellers. Customers may load a uBUCK debit card and make online and offline purchases and send payments around the world for free.

About Spare CS, Inc.

SPARE is a cardless, “free to withdraw,” virtual ATM network, that effectively turns any business into an ‘STM,’ or ‘SPARE Teller Merchant’ who support the network by dispensing cash from the point-of-sale system to users who request cash outs from SPARE’s mobile application. The network provides users with immediate access to cash while eliminating withdrawal fees and helps to build community by increasing foot traffic to local merchants and creating peer-to-peer exchange rather than person-to-machine exchange.  Using patented mobile technology, SPARE allows users to enter any participating location and withdraw cash in seconds and for free by tapping their mobile device on the countertop chip reader.  No debit or credit card is required, as users may access funds from a growing range of services which today include any debit or credit card as well as Apple Pay, Google Pay, PayPal, Venmo Debit, CashApp Debit, and Coinbase wallets.

Forward-looking Statement

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the nature of the business of LiteLink Technologies Inc. (CSE:LLT)(FRA:C0B) (OTC:LLNKF), and other factors or information. Such statements represent LiteLink’s current views with respect to future events and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by LiteLink, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. LiteLink does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules, and regulations.

Please visit the company’s website at litelinktech.com. For a free report on LiteLink Technologies Inc. (CSE:BAXS) (FRA:C0B) visit cryptocurrencynews.com.

Please See Disclaimer

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LiteLink Technologies Signs MOU with InstaPay to Offer Freight Factoring to 1SHIFT Logistics Customers

VANCOUVER, British Columbia, May 30, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) , a leader in logistics, artificial intelligence and digital payment solutions, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with InstaPay Flexible LLC (“InstaPay”) to offer freight factoring to 1SHIFT customers.

The deal will see InstaPay offer factoring services to 1SHIFT Logistics customers in order to ensure shipments managed through the platform are promptly settled.

1SHIFT will automatically forward qualify loads with proof of delivery to InstaPay, who will, in turn, advance payment to the carrier the same-day and distribute a carrier defined percentage to the truck driver.

“We are very excited to have the ability to offer advanced same-day payments to our 1SHIFT customers and alleviate one of the major issues plaguing the trucking industry,” said CEO of LiteLink, Ashik Karim. “The addition of freight factoring into 1SHIFT logistics ecosystem makes the platform a true end-to-end management solution that will completely change how the transportation and logistics industry does business.”

1SHIFT powered by uBUCK is an end-to-end logistics management solution that enables real-time transparency and tracking as well as peer feedback and regulation.

InstaPay is a leading digital factoring service with a 3% or less flat factoring fee. The company helps carriers receive payments from clients within 24 hours. With an online portal and dedicated customer support, the factoring process with InstaPay is hassle-free. No contract lock-up means that carriers have options – there is no monthly minimum threshold, allowing carriers to decide if they factor an individual load or not.

About LiteLink Technologies Inc.

LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) is a major player in developing world-class enterprise platforms that utilize artificial intelligence, blockchain, and predictive analytics to solve fragmented and outdated technology problems in the logistics and digital payment industries. Our flagship 1SHIFT logistics platform offers real-time transparency and tracking which allows brokers, shippers, and carriers to track shipments and settle payments in real-time. uBUCK Pay is a multi-currency digital wallet that supports traditional fiat and digital currencies. Consumers are able to make online and offline purchases using the uBUCK debit card and send funds worldwide for free.

About InstaPay Flexible LLC

InstaPay is a tech-focused factoring company based in Austin, Texas, which offers financial solutions for American carriers and freight brokers. Their mission is to help businesses access working capital quickly and hassle-free so they can achieve their goals. InstaPay takes pride in both their innovative technology applications and the high degree of customer satisfaction they deliver.

Forward-looking Statement

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the nature of the business of LiteLink, and other factors or information. Such statements represent LiteLink’s current views with respect to future events and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by LiteLink, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. LiteLink does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules, and regulations.

Please visit the company’s website at litelinktech.com. For a free report on LiteLink Technologies Inc. (CSE:BAXS) (FRA: C0B) visit cryptocurrencynews.com.

Please See Disclaimer

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LiteLink Technologies Signs MOU with InstaPay to Offer Freight Factoring to 1SHIFT Logistics Customers LiteLink Technologies Signs MOU with InstaPay to Offer Freight Factoring to 1SHIFT Logistics Customers

VANCOUVER, British Columbia, May 30, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) , a leader in logistics, artificial intelligence and digital payment solutions, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with InstaPay Flexible LLC (“InstaPay”) to offer freight factoring to 1SHIFT customers.

The deal will see InstaPay offer factoring services to 1SHIFT Logistics customers in order to ensure shipments managed through the platform are promptly settled.

1SHIFT will automatically forward qualify loads with proof of delivery to InstaPay, who will, in turn, advance payment to the carrier the same-day and distribute a carrier defined percentage to the truck driver.

“We are very excited to have the ability to offer advanced same-day payments to our 1SHIFT customers and alleviate one of the major issues plaguing the trucking industry,” said CEO of LiteLink, Ashik Karim. “The addition of freight factoring into 1SHIFT logistics ecosystem makes the platform a true end-to-end management solution that will completely change how the transportation and logistics industry does business.”

1SHIFT powered by uBUCK is an end-to-end logistics management solution that enables real-time transparency and tracking as well as peer feedback and regulation.

InstaPay is a leading digital factoring service with a 3% or less flat factoring fee. The company helps carriers receive payments from clients within 24 hours. With an online portal and dedicated customer support, the factoring process with InstaPay is hassle-free. No contract lock-up means that carriers have options – there is no monthly minimum threshold, allowing carriers to decide if they factor an individual load or not.

About LiteLink Technologies Inc.

LiteLink Technologies Inc. (“LiteLink”) (CSE:BAXS) (FRA: C0B) is a major player in developing world-class enterprise platforms that utilize artificial intelligence, blockchain, and predictive analytics to solve fragmented and outdated technology problems in the logistics and digital payment industries. Our flagship 1SHIFT logistics platform offers real-time transparency and tracking which allows brokers, shippers, and carriers to track shipments and settle payments in real-time. uBUCK Pay is a multi-currency digital wallet that supports traditional fiat and digital currencies. Consumers are able to make online and offline purchases using the uBUCK debit card and send funds worldwide for free.

About InstaPay Flexible LLC

InstaPay is a tech-focused factoring company based in Austin, Texas, which offers financial solutions for American carriers and freight brokers. Their mission is to help businesses access working capital quickly and hassle-free so they can achieve their goals. InstaPay takes pride in both their innovative technology applications and the high degree of customer satisfaction they deliver.

Forward-looking Statement

This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the nature of the business of LiteLink, and other factors or information. Such statements represent LiteLink’s current views with respect to future events and are necessarily based upon a number of assumptions and estimate that, while considered reasonable by LiteLink, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. LiteLink does not intend and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules, and regulations.

Please See Disclaimer

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Why the uBUCK Pay App Offers So Much More Than Any Other Digital Wallet

The digital wallet industry has grown exponentially in recent years, reaching $100 billion USD in 2017. Analysts expect growth to continue, reaching a whopping $250 billion by 2024, propelled by attractive discounts and enticing cashback offers.

One company that has created an impressive mobile wallet that offers a ton of great features is LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF). LiteLink just announced the closed beta launch of its uBUCK Pay App, a digital wallet and payment solution that serves as a payment alternative for consumers and merchants.

But uBUCK Pay offers much more than any other digital payments platform.

The uBUCK platform will allow customers to make online purchases at supported bars, stores, and restaurants, and customers will also be able to withdraw cash at ATMs and send transfers around the world within seconds without having to pay any transfer fees. And now, following a strategic partnership with Datable Technology Corp. (TSXV:DAC) (OTC:TTMZF), the service gives customers the ability to earn rewards for payments and purchases made within the uBUCK Pay digital wallet or with their uBUCK Mastercard.

uBUCK Pay and Datable Integrated Loyalty Program

uBUCK will be integrating Datable’s loyalty and rewards program PLATFORM³ into its digital platform to reward customers for purchasing, viewing content, referring friends, sharing content via social media, and completing surveys.

Datable provides consumers with access to over 300 digital gift cards from leading retailers like Starbucks, Target, and Walmart. The partnership will also see uBUCK prepaid credit cards added as a prepaid cash card reward that consumers can purchase with their points on Datable’s client’s portals.

Serving Unbanked and Underbanked Communities

Another feature that sets uBUCK Pay apart from the competition is accessibility. Unlike other payment solutions, uBUCK Pay offers a distribution method that isn’t found elsewhere in the digital payment space, allowing uBUCK to serve the underbanked community in North America, which accounts for nearly six million Canadians and 32.6 million Americans.

To better serve this group, uBUCK has partnered with US prepaid platform PreWay, which gives customers the option to purchase uBUCK vouchers at roughly 7,000 convenience stores across the United States using cash.

Having the option to buy uBUCK vouchers in-store with cash will mean consumers don’t have to wait in long lineups to purchase items or pay bills. What’s more, loading up a prepaid Mastercard will allow customers to make online purchases, which otherwise wouldn’t be possible.

Moving forward, uBUCK will be rolling out its service to the Philippines, where 77% of the population is unbanked, and in Southeast Asia, where only 47% of the population have a bank account.

Bringing Payment Solutions to the eSports Industry

uBUCK is also catering to the burgeoning eSports gaming industry with its newly launched second brand, Streambucks, a secure, easy-to-use payment solution that is catered specifically to eGamers.

Streambucks will give uBUCK Tech the opportunity to sponsor eGaming tournaments and offer prize pools in the form of Streambucks. Streambucks can then be used to purchase products in the Streambucks marketplace, convert into US dollars to load a prepaid debit card, and send payments around the world for free.

Official Payment Sponsor of EGLX 2019

Days after revealing the launch of Streambucks, uBUCK announced that it has signed a Letter of Intent (LOI) with Enthusiast Gaming Holdings (TSXV:EGLX) (OTCQB:EGHIF) to make Streambucks the official payment sponsor at the Enthusiast Gaming Live Expo (EGLX).

This is a very strategic move for uBUCK to gain access to its new target demographic, as EGLX is the largest video game expo in Canada, attracting roughly 55,000 attendees in 2018.

uBUCK will be engaging Enthusiast Gaming to create strategic advertising programs across its digital publisher network, which reaches over 75 million visitors across 85 gaming related websites monthly and 50 million monthly visitors from 900 gaming YouTube channels.

The partnership will give uBUCK access to a targeted eSports demographic through Enthusiast Gaming’s engaged network of gaming enthusiasts in order to help promote its platform of payment solutions and build brand awareness.

Offering Record-Breaking Transaction Speed

As mentioned, uBUCK Pay will allow users to send transfers instantaneously. This is because uBUCK Pay is the world’s first US dollar-backed stable token built on Waves, the world’s fastest blockchain platform.

The Waves network has set a blockchain speed record for maximum transactions per day. What’s more, Waves processed more transactions in a 24-hour period than any other open blockchain in existence. This means uBUCK customers are able to send and receive funds much faster than any competing digital wallets and payment transfer services.

Offering a Highly Secure Payment Solution

In this day and age, privacy is basically non-existent, meaning security is essential when it comes to protecting our funds. Decentralized apps like uBUCK Pay can enhance security, as well as speed up money management, transfer, and lending by eliminating middlemen.

This is because uBUCK runs on a P2P network of computers rather than a single server or a centralized cluster of servers. To ensure optimal security, uBUCK Pay offers multi-factor authentication, biometric and device verification, SSL encryption, and Mastercard SecureCode.

No Transfer Fees

Perhaps the most attractive feature for consumers is that uBUCK Pay has zero transfer fees, meaning anyone can send funds to family and friends around the globe without the regular hefty fee.

Anyone who has tried services like Western Union or PayPal know that these services often charge high fees for sending money out of the country. What’s more, these services can take three to five business days to send your funds.

With uBUCK Pay, customers can send transfers instantly all around the world without paying any transfer fees. All the recipient needs to do is sign up for the app, and the funds will be sent to them directly.

This is huge if you consider that an estimated $625 billion was sent in 2017 by migrants to their home countries, $148 billion of which came from the US alone.

Featured Image: LiteLink Technologies

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