MOU signed between Facey Telecom and Squeeze Cash

A Memorandum of Understanding (MoU) has been signed by Squeeze Cash with Facey Telecom Ltd.

The MoU was signed on November 4 by Squeeze Cash Chief Executive Officer (CEO), Kenrick Quashie and Rachel Lindo-Hall, Chief Operations Officer (COO), Facey Telcom.

Under the terms of the agreement, Facey Telcom, through its resellers’ network, can now recharge (top-up) Squeeze Cash users across St Vincent and the Grenadines (SVG).

According to Quashie, this partnership between Squeeze Cash and Facey Telcom affords users with the Squeeze Cash app the convenience of being able to recharge i.e. put cash to their digital wallets in much the same way as they would a mobile phone.

Squeeze Cash is a Caribbean start-up which started in Saint Lucia offering a mobile wallet solution that allows consumers and merchants to transact payments, merchants to pay other merchants, and for individuals to send money to, and receive money from each other using a mobile device.

Facey, a name synonymous with high quality goods and services, operates in more than 30 countries worldwide, and the Facey Group is one of the largest distribution companies within the region. It specializes in food, pharmaceutical, telecom and technology distribution.

Facey Telcom will now offer top-up services at all its merchant locations that use a Personal Computer (PC), thereby allowing consumers to add value to their Squeeze Cash mobile wallets.