Friday, February 01, 2008
SmartCard Marketing Systems Inc. (Velocitymoney.com) to Lead Internet Based Pin Debit Consumer Services Worldwide Empowering Consumers Unlike any Other Bank or E-wallet Service Available Today
SAN ANTONIO, Feb 01, 2008 /PRNewswire-FirstCall via COMTEX/ -- As Stated by SmartCard Marketing Systems Inc. (Pink Sheets: SMKG) (QYH: Frankfurt) CEO Massimo Barone, "This is an exciting time for Velocitymoney(TM: 108.62, +0.30, +0.27%) as we become the very first to lead the Internet in the Pin Debit over the Internet market empowering consumers to load funds from their home with their bank issued debit card and then to transfer funds with an easy click to Internet merchants, family, friends, load prepaid cards or to pay bills.
This unrealized market is worth Billions of dollars and potentially more as it will change the way transactions are processed over the Internet creating a card present transaction eliminating fraud and uncertainty between transacting parties. Our goal is to capture a stronghold in the marketplace and reach out to online merchants worldwide and to provide this solution creating the largest pool of consumer users in the online payment segment.
Furthermore we believe that Velocitymoney.com will be a powerful tool for the traveling or home based salesforce as an alternative option for cash or cheques. Businesses will be able to offer the device to their field sales team with the use of Internet access from a laptop to perform the Pin Debit transaction."
We seek safe harbor.
SAN ANTONIO, Feb 01, 2008 /PRNewswire-FirstCall via COMTEX/ -- As Stated by SmartCard Marketing Systems Inc. (Pink Sheets: SMKG) (QYH: Frankfurt) CEO Massimo Barone, "This is an exciting time for Velocitymoney(TM: 108.62, +0.30, +0.27%) as we become the very first to lead the Internet in the Pin Debit over the Internet market empowering consumers to load funds from their home with their bank issued debit card and then to transfer funds with an easy click to Internet merchants, family, friends, load prepaid cards or to pay bills.
This unrealized market is worth Billions of dollars and potentially more as it will change the way transactions are processed over the Internet creating a card present transaction eliminating fraud and uncertainty between transacting parties. Our goal is to capture a stronghold in the marketplace and reach out to online merchants worldwide and to provide this solution creating the largest pool of consumer users in the online payment segment.
Furthermore we believe that Velocitymoney.com will be a powerful tool for the traveling or home based salesforce as an alternative option for cash or cheques. Businesses will be able to offer the device to their field sales team with the use of Internet access from a laptop to perform the Pin Debit transaction."
We seek safe harbor.
