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News & Events
Catch up with our latest News and PR
Sparta Launches Cryptocurrency Payment Platform
NEW YORK, NY / ACCESSWIRE / March 3, 2022 / Sparta Commercial Services, Inc. (OTC PINK:SRCO) ("Sparta" or "the Company") announces the launch of SpartaPayIQ™ (www.SpartaPayIQ.com), a payment gateway that allows businesses to accept cryptocurrencies. The platform enables businesses to accept Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin, and USDT as payment while settling in USD or EUR. Businesses also have the option to keep the cryptocurrency if they don't want to immediately convert it. SpartaPayIQ™ uses contactless, blockchain-based payment processing technology to instantly convert cryptocurrency payments to USD or other select fiat currencies. This mitigates exposure to market volatility by locking in an exchange rate for fifteen minutes after an invoice is created, guaranteeing that all parties are protected from unpredicted market swings. SpartaPayIQ™ establishes the Company's entry into the dynamic cryptocurrency space. Sparta plans to unveil another cryptocurrency product in the coming months and SpartaPayIQ™ will be an integral part of this new product. The platform will also be offered as a payment method…
March 03, 2022
Sparta's Municipal Finance Program Announces Another Returning Municipality
NEW YORK, NY / ACCESSWIRE / March 2, 2022 / Sparta Commercial Services, Inc. (OTC PINK:SRCO) ("Sparta" or "the Company") announces that the Town of Yemassee, SC, has returned to its Municipal Finance Program for the sixth time since 2016. The program allows local governments to obtain the essential equipment they need, be it bunker gear or an entire vehicle fleet in an affordable manner. Chief Gregory Alexander of the Yemassee Police Department commented on the most recent transaction, saying, "I worked with Sparta's municipal department for the first time in 2016 and continue to go to Sparta as additional fleet needs arise because they make the process very simple and always set terms that fit our budgetary needs." As more states and municipalities lift their COVID restrictions, the Company expects to see additional funds allocated in local budgets for essential equipment needs. An article posted by The Pew Charitable Trusts indicates that the tax revenues of most states have rallied to pre-pandemic levels, but…
March 02, 2022
Candor, NC Returns to Sparta Commercial For Its Equipment Needs
NEW YORK, NY / ACCESSWIRE / March 1, 2022 / Sparta Commercial Services, Inc. (OTC PINK:SRCO) ("Sparta" or "the Company") announces that the Town of Candor, North Carolina has again turned to Sparta to obtain the equipment their town needs. The Company has funded multiple contracts for the Town of Candor, who has utilized the Company's Municipal Finance Program 11 separate times since 2014, for a variety of essential-use equipment such as police cruisers, fire equipment, industrial vacuums, and maintenance equipment. Candor is one of twenty North Carolina jurisdictions that has used Sparta's Municipal Lease Program, including the cities of Charlotte, Raleigh and Greensboro. Tammy Kellis, Town Clerk and Finance Officer of the Town of Candor, said, "Working with Sparta's municipal department is a very smooth process, which is why we continue to look to Sparta when we source our options. We would highly recommend Sparta to any municipality looking to finance their essential equipment." Sparta's Municipal Program gives jurisdictions greater flexibility with their budgeting…
March 01, 2022
Sparta Commercial Welcomes the Southwest's Most Exclusive Private Car Club as Its Newest iMobileApp Client
NEW YORK, NY / ACCESSWIRE / February 23, 2022 / Sparta Commercial Services, Inc. (OTC PINK:SRCO) ("Sparta" or "the Company"), announced today that it has welcomed one of the premier private car clubs in the Southwest as a user of its mobile app technology. Private car clubs are a growing segment of the client base for Sparta's iMobileApp product. The Company stated that the interest and demand for the iMobileApp by clubs of all types is increasing. iMobileApp provides superior features for private and public clubs, including golf clubs, country clubs, athletic clubs, and more. The Company believes more clubs such as this will be taking advantage of the cost effective benefits and features our mobile apps can offer. Anthony Havens, Sparta's CEO, says, "It is crucial for club members to be able to log in to password-protected apps to access content specific to their needs, and it is of particular importance to our club clients as well. Our mobile app development team is experienced…
February 23, 2022
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