Mr. Steve Marshall reports

REVOLUGROUP CANADA INC. LAUNCHES REVOLUPOS WORLDWIDE CREDIT AND DEBIT CARD PROCESSING

Further to the news release dated March 24, 2023, Revolugroup Canada Inc. has launched the RevoluPOS worldwide credit and debit card billing and processing platform on schedule.

About RevoluPOS

RevoluPOS is a POS (point-of-sale) platform linked to RevoluPay available free of charge on Apple and Android devices, enabling anyone to accept credit or debit card payments around the world. RevoluPOS eliminates the need for self-employed or small to medium-sized businesses to pass credit checks to obtain a merchant account to bill credit or debit cards. Instead, from today, any RevoluPay user can begin selling products or services by charging clients through Visa or MasterCard. RevoluPOS brings the developing world into the 21st century; RevoluPOS also appeals to small businesses in developed nations that wish to diversify payment acceptance instantly. RevoluGroup has pinpointed a growing and untapped sector of small to medium-sized enterprises excluded from digital payment banking. Whether these be small market-stall traders in underdeveloped nations, a corner coffee shop on Mainstreet or village convenience stores, many small business owners cannot obtain credit card processing since local banks remain disinterested in providing these credit card processing and billing services. RevoluPOS resolves the dilemma instantly. With zero sign-ups required, entrepreneurs, self-employed or small business owners can now hit the ground running with an immediate ability to accept Visa and MasterCard payments around the world. As the world sprints toward a cashless society, the means to integrate even the most impoverished into the digital world is now imperative. The company also expects to rapidly expand into white-label branded versions of RevoluPOS for more prominent volume-generating merchants.

Visa Direct trials progressing satisfactorily

Further to the news release dated March 13, 2023, the company is pleased to announce that the Visa Direct trials have proved fruitful. As such, the company expects to update shareholders shortly concerning the final integration in RevoluPay of this momentous state-of-the-art worldwide transacting system.

Second top-tier card issuer negotiations commence

On Nov. 25, 2022, the company informed shareholders that it had signed a mutual business development agreement, which included pursuing another affiliate membership status in addition to the Visa affiliate approval already granted. The company is pleased to inform shareholders that it has initiated negotiations with a second significant payment instrument provider. Shareholders will remain closely informed about the eventual second affiliate status granting through a coming news release and supportive media coverage. The planned affiliate partner is once again one of the top four worldwide card issuers.

Private placement update

The company advises shareholders it remains in constant communication with HBDIG Technologies GmbH. Both parties are striving to conclude the planned investment transaction soon.

RevoluPay plans to integrate OpenAI ChatGPT-4

The company continues the advanced analysis of the legacy version of ChatGPT 3.5 and the updated current ChatGPT-4, anticipating integrating the advanced productivity-enhancing AI (artificial intelligence) technology firstly into RevoluPay, RevoluPOS, RevoluSend and RevoluTransfer. Later, the company may consider launching another vertical configuration to the resulting AI engine and accumulated knowledge base.

About RevoluPay

The company's flagship neo-banking technology is RevoluPay, the Apple and Android multinational payment app. Conceived entirely in-house, RevoluPay features proprietary, sector-specific technology of which the resulting source code is the company's intellectual property. RevoluPay's built-in features include remittance payments, forex (foreign exchange), crypto-to-fiat exchange, retail and hospitality payments, real estate payments, pay-as-you-go phone top-ups, gift cards and on-line credits, utility bill payments, gaming credits, leisure payments, and travel payments. RevoluPay is aimed squarely at the worldwide multibillion-dollar open banking sector, cross-border forex payments and the plus-$595-billion family remittance market. RevoluPay is operated by the European wholly owned subsidiary RevoluPay EP SL situated in Barcelona. RevoluPay is a licensed U.S. MSB (money services business), Canadian FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) and European PSD2 payment institution (No. 6900), under the auspices of European Union Directive 2015/2366, with EU 27-country passporting, and an official issuer of Visa cards and authorized Visa affiliate member. Revolugroup Canada controls five wholly owned subsidiaries on four continents.

About RevoluGroup Canada Inc.

Revolugroup Canada is a multiasset, multidivisional, publicly traded Canadian company deploying advanced technologies in banking, mobile apps, money remittance, cross-border forex payments, mobile phone top-ups, e-gaming, health care payments, e-sports, invoice factoring, on-line travel, vacation resort, blockchain systems and fintech (financial technology) app sectors.

We seek Safe Harbor.