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SMKG: SmartCard Marketing Systems Inc. Transactions Surpass 4100 for the Weekend with Daily Average Transactions Surpassing 500
Date : 04/14/2009 @ 9:15AM
Source : Business Wire
Stock : SmartCard Marketing Systems Inc. (SMKG)
Quote : 0.01 0.0005 (5.26%) @ 10:35AM

SmartCard Marketing Systems Inc. Transactions Surpass 4100 for the Weekend with Daily Average Transactions Surpassing 500

SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG) CEO Massimo Barone stated, "We are pleased that current levels of business from Bill Pay and Pin Debit Online Transactions are holding strong despite market conditions generating average fees of $0.68 cents per transaction. The number of Pre-paid card activations is increasing moderately with present daily levels of 65 activations per day. This segment of business is generating on average $5.05 per activation also increasing the number of active clients increasing royalties from transactions generated from cards ($0.75 to $3.50 per card/monthly).

The company is leading the way in Prepaid Card Service Program Management, Payment Processing of Pin Debit Online and Bill Pay in North America and Europe. Velocitymoney.com is the proprietary offering of SmartCard Marketing Systems Inc. which has an extensive Payment network World Wide for Consumers and Merchants.


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