The company announced today the release of its Mtickets EO Apps for the Event Industry. The apps allow both the Event Organizer and staff, and the Exhibitors to have full management ability for messaging, social media publishing, Mobile-Ticketing scanning and validation, Leads capture generation and QR code payments for both closed loop and open loop payments.
NEW YORK, June 26, 2018 /PRNewswire/ - SmartCard Marketing Systems Inc (OTC: SMKG) recently launched the Mitckets.events platform earlier this year for the Events and Meetings Industry. The company is excited about these industry segments and the growth opportunity to service the Venue providers and Event Organizers with the technology to manage all facets of the events or meetings including the Mobile Ticketing creation, registration and validation. The web portal Mtickets.events is a showcase portal allowing clients to test in live production their own services.
CEO Massimo Barone "We are investing significant capital on our technology infrastructure to support and capture an important piece of the Events and Meetings industry. Our payment and incentives technology platforms including our vendor partners gives us an advantage to bundle best of available technology and be leaders as a SAAS white-label services provider to the industry. This strategy preserves the identity and brands of our customers."
Interesting facts and data about the Events Industry
"Our report illustrates that the meetings and events industry continues to grow across all segments as it contributes hundreds of billions of dollars in revenue to the U.S. economy and supports 5.9 million jobs," says Adam Sacks, founder and president of Tourism Economics, an Oxford Economics company. "Notably in 2016, meetings generated $325 billion of direct spending and $845 billion in business sales. These numbers represent a contribution of $446 billion in GDP and $104 billion of federal, state and local taxes. The total tax impact per household was $879 per U.S. household."
In total, 1.9 million meetings were held in 2016, with 251 million participants. On average, the direct spending associated with 43 meeting participants supported one U.S. job, including both direct and indirect impacts.
http://www.eventscouncil.org/Newsroom/headlines/2018/02/21/meetings-events-industry-releases-new-economic-impact-data
Information highlight notes on the Meetings Industry
https://www.eventtia.com/blog/event-planning/2018-event-trends-will-change-meeting-industry-part-1/
#3. Online meetings will migrate to face-to-face interactions
According to the ICCA Statistics Report, the figure of rotating international association meetings this year (12,212) has doubled since 2006. Thanks to the growth gained through confidence from business in the value of meetings, we'll observe an even higher number of live events going forward.
#4. Fintech startups will disrupt the event industry
As mentioned in the EY's Global Banking Outlook 2017, previous years have seen eroding profitability for banks. On the other hand, the number of Fintech startups has risen by more than 50% since 2011. As Turner and Davidson predict, this will directly influence the event industry, so keep an eye on it.
About SmartCard Marketing Systems, Inc.
SmartCard Marketing, Inc. (OTC:SMKG) is a Fintech solutions provider to the global payments industry delivering a cloud-based EMV Host platform to Issuing & Acquiring banks, telecoms & global enterprises. The company offers proprietary industry applications for payment acceptance. The company's brands include; Genorocity.com, a coupon & incentive management platform with QR Code payments acceptance, Check21SAAS.com a Remote Check Deposit solution, Mtickets.events a mobile ticketing & events management solution, Emphasispay.com an alternative payment transaction gateway & Articul8te.com its most recent offering for Task & Content management. For more information, go to www.smartcardmarketingsystems.com
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SOURCE SmartCard Marketing Systems Inc (SMKG)