VANCOUVER, British Columbia, May 13, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B:FF)(OTC:LLNKF), a leader in digital logistics and payment solutions, has announced that its wholly-owned subsidiary uBUCK Technologies SEZC (“uBUCK”) has signed a letter of intent (LOI) with Datable Technology Corp. (TSXV: DAC) (OTC: TTMZF) (“Datable”) to enter into a strategic commercial relationship.
Under the terms of the LOI, uBUCK will integrate PLATFORM³, Datable’s loyalty and rewards program into uBUCK’s digital payments platform. This would allow account holders of uBUCK Pay — who can now make online payments and send worldwide payment transfers within seconds without paying for transfer fees — to also earn rewards for purchases and payments made within the uBUCK Pay digital wallet or on their uBUCK Mastercard. uBUCK and Datable will share transaction fee revenue from the convenience fees charged for uBUCK pin vouchers and debit card transactions.
Datable’s customers are leading consumer brands that use PLATFORM³ to reward consumers for purchasing, viewing content, sharing content via social media, referring friends and completing surveys. The terms of the LOI also stipulates that the uBUCK prepaid credit card will be featured as a reward for consumers to purchase with their points on Datable’s client’s portals.
“We believe that Datable is the #1 Rewards platform on the market. They continue to sign up well-known brands and we’re excited to be a part of their cash card offerings,” says James Youn, CEO of uBUCK. Mr. Youn also commented, “The uBUCK Pay platform will see immediate growth. Datable’s referrals will allow uBUCK to potentially gain access to millions of new users.”
“Datable provides consumers of Fortune 500 brands with access to over 300 digital gift