Xalles Holdings Inc. has acquired a non-exclusive, worldwide right to a unique suite of technology from Xped Holdings Pty. Ltd. of Adelaide, Australia, and its U.S. affiliate Xpeditum LLC (collectively “Xped”). Developed over 10 years of research and development, Xped's new “Simplify Platform,” supports near-field communication (NFC) virtual cards and mobile wallets across multiple currencies and cryptocurrencies for merchant and consumer payments.

Xalles operating subsidiaries will benefit directly from the licensing agreement with Xped: Argus Technology Partners will integrate the payment platform into its recently announced e-commerce platform. Vigor Crypto Holdings can transfer and hold multiple currencies including cryptocurrencies among external cryptocurrency traders. Global Savings Network will be rolled out with a fully electronic merchant discount and couponing program that benefits local merchants and non-profit organizations.

1Rivet will look to enable their eGovernment services platform with the new Xalles payment platform.