Sounds as if GTEL has drawn quite a bit of interest in the Magic Money card..
Another exciting venture for GTEL is the Magic Money Card, which allows credit/debit card transactions and prepaid calling. Since our announcement that the technology has finished the testing process and the product/service is ready for release, we have been literally bombarded with companies desiring access to the platform. Over the next 30 days, we will be announcing the agreements and contracts with companies and partners in Mexico, Poland, Australia, China and Brazil. With the money remittance feature and the prepaid calling combined into one card, this offers the ability and potential to dwarf our previous projections for a predominately telecom related business. The Magic Money Card is to be distributed in the United States beginning October 1, 2003.
