RevoluGROUP and MyFullTrip Forge Groundbreaking Partnership to Transform Payment Solutions and Elevate Customer Experiences

Vancouver (Canada) and Santa Cruz de Tenerife (Spain), Jan. 15, 2024 (GLOBE NEWSWIRE) -- RevoluPAY EP S.L. (“RevoluPAY”), a wholly owned subsidiary of RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2), (Munich: A2PU92), and MyFullTrip SA ("MyFullTrip") a subsidiary of Vesilen Investment SL (“Vesilen”), are pleased to announce that they have entered into a non-arms length technology sharing and license transfer Memorandum of Understanding (MOU) that signifies a revolutionary step towards integrating an improved payment solution with loyalty program technology and personalised travel experiences, thereby redefining the customer experience.

Under the terms of this non-binding MOU, RevoluPAY, MyFullTrip aim to combine their technological proficiencies to offer a comprehensive range of products and payment services. MyFullTrip's loyalty tools for managing subsidy policies, their expertise in the tourism sector and their comprehensive marketplace will be critical elements in this collaboration. This MOU serves as a framework for future agreements and facilitates cooperation, fostering a relationship founded on mutual understanding and respect.

Bernard Lonis, Chairman of RevoluGROUP and Vesilen, expressed his enthusiasm stating, "This agreement will revolutionise the customer experience through a collaboration that honours the distinct characteristics of each participant. Our partnership with MyFullTrip unifies the merchant and customer with a unique buying experience combined with a loyalty platform which will be supported by the strong financial systems of RevoluPAY. This transformative alliance focuses on both mutual growth and ethical and fair growth."

Proposed Innovative Solutions through the MyFullTrip Partnership

RevoluGROUP is also excited to unveil a suite of groundbreaking solutions proposed through this collaborative agreement; these solutions are proposed to include:

• RevoluLOYALTY: A customer loyalty program designed to reward regular users of RevoluGROUP's suite of services with exclusive benefits and discounts. Using a points-based system, users accrue points every time they use any RevoluGROUP service, such as RevoluPAY, RevoluSEND, RevoluCHARGE, RevoluUTILITY, or RevoluFIN. Accumulated points can be redeemed for various rewards, including service discounts, cash back, or exclusive merchandise.
• RevoluPASS: RevoluPASS provides a package of tourist experiences, enabling visitors to explore their destination, take advantage of its most attractive places, museums, and theme parks, and enjoy additional tourist activities. It offers privileged or free access for a certain period, fostering a modern and welcoming image for the city and encouraging increased tourism and consumption. Under the terms of the MOU, this would include destinations offered through ADELYA's existing "City Pass" platform.
• RevoluBONUS: A tool designed for public administrations, enabling them to digitally apply subsidies and aid directly to their population. It provides complete traceability and analysis of all data, transactions, and execution of budgets such as consumption vouchers to retail trade, cultural or social vouchers.
• RevoluMARKET: A proposed comprehensive Marketplace that enables all retailers with a RevoluPAY merchant account to set up an online store. It allows them to sell their inventory worldwide by integrating payment and shipping systems on the same platform. These initiatives showcase RevoluGROUP's commitment to providing value-added services to its users and partners.

Gavin McMillan, CEO of RevoluGROUP, said, "The proposed solutions will allow us to bring to market a unique loyalty tool designed to enhance our VIP travel platform, add additional benefits to our loyal RevoluPAY clients and white-label partners, as well bring further value to new retail commerce, wholesalers, shopping centres, associations, companies, and organisations."