“OTOW” NEW COMMERCIALS are strategized to introduce the”OTOW” PRE-PAID DEBIT MASTERCARD as it relates to sending of money to family members inside and outside of the country, performing direct deposit, and the low overhead fees associated with using the card.
30% of South Florida's Hispanics surveyed send money back to their home country.
Mexico received more than $25 billion dollars in remittances
Even among Latinos who immigrated to the U.S. at least 20 years ago, almost a third (31%) still report sending remittances.
“OTOW” expecting a 100 fold increase in the number of cards issued following these radio and television commercial campaigns.
With a projection of the issuance of 25,000 “OTOW” Mastercard cards with an average usage of 6 transaction per month, “OTOW” would generate annual revenue in the range of $5.3 Million dollars