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SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) 2 New Co-Brand Prepaid Programs Commence Rollout SAN ANTONIO, TEXAS--(MARKET WIRE)--Oct 17, 2008 -- SmartCard Marketing Systems Inc.(Other OTC:SMKG.PK - News) announced
today that 2 more back order programs for their prepaid
segment commence rollout on Monday October 20/2008. As more
co-branded programs reach market our money remittance segment
continues to grow allowing our proprietary offering Velocitymoney.com
to grow aggressively and take a serious strong hold in the
market. The 2 programs combined are estimated to bring an
additional $200K of monthly remittance or 800 to 1000 load
transactions monthly and increase usage of the companies
Bill pay offering in Velocitymoney.com. At present the company anticipates to have 6 more programs up and running prior year end of 2008 bringing the number of co-brand prepaid card programs to 11, this does not include our generic offering for payroll or retail solutions. In addition this will also have a good impact on increased demand for the Pin Debit (HomeAtm) solution. Management is determined to become the leader in Online Money Remittance, Prepaid cards and Pin Debit online processing and to set the standard for a secure funds transfer platform with multi-currency settlement capabilities worldwide." We seek safe harbor. Contact: Contacts:
1-866-774-2555
Maxbarone@gosmartcard.com
http://www.gosmartcard.com
Source: SmartCard Marketing Systems Inc.
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