Midpoint Operational Status Quo Amid COVID-19 Pandemic
LONDON, March 23, 2020 (GLOBE NEWSWIRE) — Midpoint Holdings Limited (TSXV: MPT) (Frankfurt: 8MH1) (“Midpoint” or the “Company”) advises that, in an effort to mitigate and minimize any health related risks to its personnel, it has instituted various measures in response to the global COVID-19 pandemic outbreak. The Company is doing everything it can to support our staff and customers at this challenging time and would like to reassure shareholders that it is business as usual at Midpoint. The advent of technological upgrades allows for high levels of efficiency and operational continuity in situations where employees choose to work remotely. As a result, Midpoint advises that it does not expect any disruption in providing its service offerings whatsoever.
“In the digital age, the utilization of paper currency to conduct commerce is becoming less and less vital,” noted David Wong Midpoint CEO. He continued, “With newfound fears regarding the potential for pathogens and microbes to live on surfaces, such as cash, for a couple of days in some cases, we believe the value in our fully digitized foreign exchange payments platform is more robust than ever.”About Midpoint