ALT5 SIGMA, A JANONE COMPANY, ADDS PREPAID VISA CARD INTEGRATION TO ALT5 SETTLEMENT PLATFORM
LAS VEGAS, June 25, 2024 /CNW/ -- JanOne Inc. (Nasdaq: JAN), a multidisciplinary organization with a focus on healthcare and fintech, announced today that its wholly-owned subsidiary, ALT5 Sigma, has launched its prepaid VISA Card as an extension to the previously announced ALT5 Settlement Platform.
JanOne (PRNewsfoto/JanOne)
ALT5 continues to expand its digital fintech offering in the crypto world to provide functionality from traditional legacy financial models in a modernized world. The addition of an unbranded prepaid Visa Card provides institutions and merchants with the ability to utilize the ALT5 suite of offerings for acceptance and conversion of crypto to fiat and then gain instantaneous access to fiat currencies on their prepaid VISA Card or on thousands of cards as applicable.
"Many of our customers are looking for efficient ways to access, distribute and spend fiat derived from their crypto strategies. The addition of the ALT5 prepaid VISA Card offering broadens their options and continues to bridge legacy financial products to the digitization of currency. Our customers can utilize a reloadable, physical, and/or digital prepaid VISA Card for themselves, or for their own end-users. The integration to ALT5 Settlement enables customers with the ability for them to deal with multi-currencies, including fiat and crypto, and to convert funds directly to their card 24 hours a day, 7 days week, and 365 days a year," commented Andre Beauchesne, President and CEO of ALT5 Sigma.
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