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SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) Posts 704% Gain in Payment Processing Volume in March 2009 Compared to Same Period Last Year Apr 21, 2009 9:15:00 AM Copyright Business Wire 2009
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View Additional ProfilesSAN ANTONIO--(BUSINESS WIRE)-- SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) announced today that their Prepaid Card loading, Pin Debit and Bill Payment processing volume increased over 700% for the month of March 2009 as compared to same period last year. March also marked the highest processing volume for a single month at over $1.25 million. This trend of growth is anticipated well through 2009 and 2010 as the company continues to build its active customer base.
(PINKSHEETS: SMKG) CEO Massimo Barone said, "What we are experiencing now is continued strong demand for our products and services as Banks now factor in the decline of consumer credit being the major issue. Studies show that the trend toward consumers using debit cards instead of credit cards continues to grow. (PINKSHEETS: SMKG) business model involves capturing a significant share of the estimated 28 billion debit transactions that occur every year and capture market share in alternative e-commerce payment transactions segment."
We seek safe harbor.
Source: SmartCard Marketing Systems Inc.
---------------------------------------------- SmartCard Marketing Systems Inc. Massimo Barone CEO 1-866-774-2555 maxbarone*gosmartcard.com www.gosmartcard.comPosts: 598 | Registered: Mar 2005
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I am hearing talk on other boards some break out coming maybe news, who knows. I am still watching SMKG on the sidelines. May get a small position just to see what happens.
Posts: 348 | From: in the sun! | Registered: Dec 2008
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