Smartcard Marketing Systems Inc. (PINKSHEETS: SMKG) Posts 185% Gain in Card Loads and Payment Processing Compared to Same Month
03 September 2008 - 4:00PM
Marketwired
Smartcard Marketing Systems Inc.(PINKSHEETS: SMKG) 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 (PINKSHEETS: SMKG)"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
www.gosmartcard.com
www.velocitymoney.com
www.velocitymerchant.com
Contacts: Smart Card Marketing Systems Inc. Max Barone CEO
1-866-774-2555 maxbarone@gosmartcard.com
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