SUIC Worldwide Holdings Ltd (SUIC)

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Update $SUIC Midas Is Setting Up A Trust Fund To Handle The Payback Fund Receipts from Overseas Merchants and Partner Banks For the MT Flash Pay™ and MT Free Pay™ Transactions, Expecting A Monthly Turnover of Over $1 Billion from 10 Partner PSP’s.

NEW YORK, Taipei. August 2, 2021. Sino United Worldwide Consolidated Ltd. (OTC: SUIC). SUIC Midas USA, Inc. is setting up a trust fund to handle the payback fund receipts from overseas merchants and partner banks generated from the MT Flash Pay™ and MT Free Pay™ transactions. SUIC Midas is expecting over $1 billion revenues from its 10 partner PSP’s.

“This exciting development will maximize the value proposition for the SUIC Midas-Suntech ecosystems and their partners and participants, while leveraging their unique products and services and exceptional DeFi technology capabilities. The much-needed funding will positively drive efficiency in their working capital and provide more opportunities for our investors and partners.” affirms Yanru Zhou, CEO of SUIC Midas USA, Inc.

SUIC Midas Touch is going to replicate their exclusive business model in 40 countries, with over 20 payment service companies to join the company this year and into 2022. The company is in the final stages of identifying their partners in various countries, targeting one million merchants and a $10 billion dollars turnover rate by 2022. With over $100 million monthly turnover from each PSP’s, SUIC Midas expects to generate over $2 billion turnover from 20 participating partner PSP’s.

SUIC Midas Touch is confident that its traditional and DeFi supply chain financing solutions will be sustainable long-term for a wide cross section of personal and business users worldwide, enabling transactions that are automated, settlements are virtually instantaneous, eliminating main traditional counterparty risks.

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