LiteLink Technologies Inc (CSE:LLT) (OTC:LLNKF) said Wednesday that its digital wallet subsidiary, uBUCK Technologies SEZC, has struck a strategic commercial tie-up with Datable Technology Corp (TSXV:DAC) (OTC:TTMZF) that will integrate its digital wallet, Streambucks.
uBUCK Technologies is a fintech enterprise that specializes in decentralized digital payments and wallets. It offers the uBUCK Pay and Streambucks peer-to-peer payment platforms.
As part of the pact, uBUCK will integrate Datable Technology’s loyalty and reward program PLATFORM into uBUCK’s digital payments platform.
READ: LiteLink Technologies' subsidiary’s hot esports digital wallet Streambucks is official payment sponsor of EGLX 2019
Datable Technology has developed PLATFORM as a mobile-based consumer marketing platform that is sold to global Consumer Packaged Goods (CPG) companies and consumer brands. PLATFORM is used by companies to engage consumers, reward purchases and collect consumer data by using artificial intelligence and machine learning.
The strategic tie-up will allow uBUCK Pay account holders to earn rewards for purchases and payments made within the uBUCK Pay digital wallet or on their uBUCK Mastercard. With this new feature, uBUCK users will be able to make online payments, send worldwide free payment transfers, and now earn real rewards simply for using uBUCK.
Integrating uBUCK’s Streambucks
In addition, Datable and uBUCK will also develop digital payments and loyalty solutions for the eSports industry by integrating uBUCK’s Streambucks digital payments solution with PLATFORM³. uBUCK and Datable will share transaction fee revenue from the convenience fees charged for uBUCK pin vouchers and debit card transactions.
“We are very excited to integrate Streambucks with Datable’s PLATFORM³ to offer rewards to gamers and fans across the eSports industry, which is now bigger than Hollywood,” said uBUCK CEO James Youn. “Datable has continued to sign-up well-known brands and proven itself as the number one rewards program on the market. We look forward to being part of their cash card offering and gaining new client referrals through our partnership.”
According to the terms of the deal, the uBUCK prepaid credit card will be featured as a reward for consumers to purchase with their points on Datable’s client portals.
LiteLink Technologies develops enterprise platforms that use artificial intelligence, blockchain, and predictive analytics to solve outdated technology problems in the logistics and digital payment industries.
Contact Uttara Choudhury at email@example.com
Follow her on Twitter: @UttaraProactive