SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) Prepaid Cards for Group Atrium's 200 Travel Agencies Across Canada Has Initi
22 Dezember 2008 - 5:02PM
Marketwired
SmartCard Marketing Systems Inc.(PINKSHEETS: SMKG) CEO Massimo
Barone said "The contract entered into with Group Atrium Travel
operating under the names "Vasco Travel" and "Gama Travel" to its
200 plus agencies across Canada is having better than expected
results.
At initial rollout whereas we anticipated a conservative 15 card
activations per month is materializing into an average of 40 card
activations per month. The acceptance from travelers acquiring the
prepaid cards instead of Travelers checks is significant simply
because of convenience. Additionally with the installation of the
Pin Debit "HomeAtm" terminals it's anticipated that Currency
purchases through our Velocitymerchant.com gateway will also see
high volume and daily settlement.
We are very optimistic that with only 5% of the locations
fulfilled and an estimated 40 locations of 190 to be installed by
the end of 1st Quarter 2009, we will fuel growth at excellent
levels also throughout 2010.
We seek safe harbor.
Contacts: SmartCard Marketing Systems Inc. Max Barone CEO
1-866-774-2555 maxbarone@gosmartcard.com www.gosmartcard.com
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