InterWallet, LLC the Future of ATM Type Kiosks Signs 1000 Store Deal

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State of the art ATM kiosk to offer multiple prepaid services to the masses and accept a variety of payments such as dollars, debit cards and BitCoin

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"If you can dream it, we can do it."

InterWallet, a privately held company established in Delaware recently entered into an agreement to place 1,000 of its multi-functional kiosks with Open Payment Solutions, LLC a Florida based company.

InterWallet manufactures cutting edge ATM like kiosks capable of providing a multitude of services to mainstream America including access to 10,000 Billers (bill pay), Phone Cards, Pre Paid Debit Cards, Movie and Show tickets as well as the capability to offer a multitude of services to the under banked and un-banked.

In addition to the aforementioned, the kiosk has the ability to sell and purchase Bitcoin and other digital currencies. The consumer will also be able to purchase products by using a wide array of payment options such as cash, debit cards and Bitcoin to pay for every day goods and services providing extensive access to consumers.

Evan Kagan, Chief Legal Counsel for Open Payment Solutions, LLC said “ we believe this product will open doors for consumers who visit our locations every day by providing them unprecedented financial access to the services they need most like bill pay, phone cards and other pre-paid products. The ability for the consumer to pay with a multitude of platforms such as cash and even Bitcoin and the number of product offerings available is something we have never seen before and thus are extremely excited to launch this effort with InterWallet.” Open Payment Solutions LLC is a privately held company that manages over 700 gas stations and convenience stores in Florida.

"I have never seen anything as in depth as this Kiosk with its ability to offer so many products and services to so many, it is truly revolutionary in its ability to offer so many products and services on one easy to use customer friendly Kiosk," said Robert Frimet, Chief Compliance Officer for InterWallet. He went on to say, "One of the challenges is to ensure we meet not only the needs of the consumer, but also to ensure that all the product and service offerings we provide are fully compliant with all U.S. regulations, this is absolutely mandatory.”

The ultimate goal of the company is to provide sustainable products and services to those not only in the U.S. but worldwide who might not otherwise have access to such services. “We plan to bring products and services to the masses”, said company founder Aric Fedida.

InterWallet has gained worldwide attention and is in process of placing terminals in China, Netherlands, UK and Canada. Recently, the company was chosen as one of only ten companies at the 2014 Coin Summit in San Francisco to showcase its product. “If you can dream it, we can do it”, said Fedida referring to the endless products and services that could be placed on the machine such as traffic and parking ticket payments, Broadway show tickets, food service applications and so much more. "It truly is the future of payment platforms and financial access to consumers and no other kiosk to date offers so much financial freedom", said Frimet.

InterWallet will cover every segment of society by not only offering an endless array of products and services but will also provide world wide access to be able to buy and sell Bitcoin and other digital currencies. The Company has plans to launch a wire transfer platform 3rd quarter 2014 that will change how money is transferred worldwide.

About InterWallet:

InterWallet produces and maintains state of the art kiosks and software providing a wide array of financial services and products with regional distributors maintaining its products all over the world. InterWallet Kiosks will offer ATM like services and will accept payment in cash, debit card and digital currency such as Bitcoin. InterWallet's mission is to provide world wide access to financial services and products to those who may not otherwise have access or find it difficult to transact business

InterWallet kiosks will achieve the highest compliance requirements including KYC (Know Your Customer) through a built-in document scanner and imaging which will have the capability of taking a picture of a customer or their identification and using other methods to identify the user with value through the Kiosk.

Source: InterWallet, LLC

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robert frimet
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