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Smartcard Marketing Systems Inc. (PINKSHEETS: SMKG) Posts 185% Gain in Card Loads and Payment Processing Compared to Same Month Last Year SAN ANTONIO, TEXAS--(MARKET WIRE)--Sep 3, 2008 -- Smartcard Marketing Systems Inc.(Other OTC:SMKG.PK - News) announced
today that their card loading and payment processing volume
increased 185% in 2008 for the month of July over July 2007.
The company attributes its dramatic growth to its successful
launch of two prepaid debit card programs and the quick
adoption of the HomeATM for online payment processing with
Pin Debit online. The company processed $46,375 in card
loads in July of 2007 and $132,245 in July of 2008. As stated by CEO Massimo Barone of (Other OTC:SMKG.PK - News)"We are in an accelerated growth stage of our business cycle as new merchants and consumers purchase our products and services through www.Velocitymoney.com. In addition with the Canadian market prepaid debit cards now an active program and more market penetration with Pin Debit Pads we anticipate continued triple digit growth through 2008 and will report on a month to month basis." We seek safe harbor Contact: Contacts:
Smart Card Marketing Systems Inc.
Max Barone
CEO
1-866-774-2555
maxbarone@gosmartcard.com
Source: SmartCard Marketing Systems Inc.
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