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SmartCard Marketing Systems Inc. 2 New Programs Signed with 3500 Prepaid Cards Sold SAN ANTONIO, TEXAS--(MARKET WIRE)--Sep 23, 2008 -- As Stated by SmartCard Marketing Systems Inc.(PINKSHEETS:SMKG:)
"We continue to see growth in new programs, with merchants
focusing in the online Money Remittance segment, Payment
Processing of retail transactions and Bill pay. As the demand
for more secure and custom products continues to outpace
generic prepaid services, we continue to experience increasing
consumer retention with the prepaid products and the use
of the Pin Debit HomeAtm unit in the USA, Canada and Europe. The 2 new programs will add 3,500 prepaid cards/customers to Velocitymoney.com portfolio with an additional $300k USD to $550k USD per year of remittance payments over the next 2 years adding to an existing base. (Other OTC:SMKG.PK - News) existing customers will on average generate 3 transactions per month. (Other OTC:SMKG.PK - News) anticipates that as the new customers activate their prepaid cards and Velocitymoney.com account, they will generate an additional 9,000 to 12,000 transactions per month with fee's generating $0.50 to $1.50 USD per transaction. Management is determined to become the leader Online for Money Remittance, Prepaid cards and Pin Debit online processing and to set the standard for a global secure funds transfer platform with multi-currency settlement worldwide." We seek safe harbor. Contact: Contacts:
Smart Card Marketing Systems Inc.
Max Barone
1-866-774-2555
maxbarone@gosmartcard.com
http://www.gosmartcard.com
http://www.velocitymoney.com
Source: SmartCard Marketing Systems Inc.
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