One World Ventures Completes Live Testing of 1World Cash
LAS VEGAS, NV--(Marketwire - March 25, 2010) - One World Ventures, Inc.'s (PINKSHEETS: OWVI) 1World Card, a provider of prepaid cards and 1World Cash, announced completion of live testing of its remittance technology.
The live testing confirmed the success of the beta testing phase of the 1World Cash transactions originating in Hong Kong and being received in the Philippines. One World Ventures will now proceed with the anticipated April 1 grand opening of the Hong Kong 1World Cash location.
"I'm proud of our team and very satisfied with the results of the testing phase of 1World Cash," CEO Steve Prior said. "Getting everything prepared to open the retail location has taken a lot of planning and effort. We are thrilled to be on the verge of opening in one of the most dynamic locations in the world."
In addition to allowing One World to go forward with its retail location, it also provides a tested proven technology to be implemented in other parts of the world.
"This is truly the beginning of the implementation of our greater business plan," Prior explained. "I really don't think I could be more excited!"
1World Cash will join other established remittance providers in the busy World Wide House in Central Hong Kong where large migrant populations utilize provided services. With lower fees and effective marketing, One World Ventures expects 1World Cash to quickly be recognized as the most cost-efficient manner for the underbanked to send money home to their loved ones.
About One World Ventures, Inc.
One World Ventures, Inc. is a holding company with management resourced in Asia and the United States that invests in technologies, communities and systems that facilitate trade, finance, communication and travel across international boundaries, cultures and languages.
Safe Harbor Statement:
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. One World Ventures, Inc. undertakes no obligation to update any such statements to reflect actual events.
Contact:
One World Ventures, Inc.
USA Tel (+1) 702-789-1088
investors@1worldventures.net
www.1worldventures.net
Digg this Bookmark with del.icio.us Add to Newsvine
Technorati: prepaid debit card philippines hong Kong underbanked Remittance family home send money
Click here to see all recent news from this company
News 
Market Data 
Discover 
AI
