posted
Global Links Card Services Inc. Receives MasterCard(R) Approval to Launch FastMax Rewards Debit MasterCard
Business Wire via COMTEX
Apr 18, 2006 10:00:02 AM
NEWPORT BEACH, Calif., Apr 18, 2006 (BUSINESS WIRE) --
PTS Card Solutions Inc. (Pink Sheets: PTCD) announced today that Global Links Card Services Inc. ("GLCS"), a wholly owned subsidiary of PTS Card Solutions, has received approval from MetaBank, Sioux Falls, S.D., and MasterCard for issuing its private branded ("FastMax Rewards") prepaid MasterCard. The card will be available in the second quarter 2006 through GLCS agents and co-branded marketing partners. Debit MasterCard cardholders can use their cards at more than 23 million acceptance locations in 210 countries around the world, including more than 1 million ATMs and other locations where cash can be obtained. "MasterCard offers our co-branded partners and agents flexibility in reaching their customer base and we look forward to increased activations in 2006," said James Brewer, CEO, Global Links Card Services Inc. As principal member of MasterCard, Meta Payment Systems, Sioux Falls, S.D., issues the FastMax Rewards Debit MasterCard on behalf of GLCS.
About PTS Card Solutions Inc.
PTS Card Solutions Inc. is a partly owned, controlled subsidiary of PTS Inc. (OTCBB: PTSH). PTS Inc. recently assigned all of its interests in Global Links Card Services to its newly acquired subsidiary, PTS Card Solutions Inc. Global Links Card Services Inc. markets its FastMax Prepaid Debit Card through various agents and distributors.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.
SOURCE: PTS Card Solutions Inc.
PTS Card Solutions Inc. James G. Brewer, 949-759-3606 E-mail: jbrewer*glcsi.com
posted
Monhegan Partners Signs Agreement to Distribute Prepaid Cards for Global Links Card Services Inc. PTS Card Solutions Inc. (Pink Sheets: PTCD) announced today that Global Links Card Services Inc. ("GLCS"), a wholly owned subsidiary of PTS Card Solutions Inc., executed an agency agreement with Monhegan Partners, L.P. and Craig A Silberman, both of San Diego, Calif., to represent GLCS's prepaid cards. Monhegan anticipates marketing payroll and 1099 cards to its existing sources of companies, national associations, labor unions and affinity groups. Monhegan's managing partner, George Schwartz, has indicated they will concentrate on their contacts in the direct selling and network marketing industry, and corporate markets. Schwartz said, "Our goal is to bring GLCS quality organizations that will bring residual income based upon consistent loading and transaction usage." Jim Brewer, CEO, GLCS, stated, "We believe the relationship forged by our agreement with Monhegan and Silberman will assure continued growth in card activations and transaction revenue." Monhegan anticipates its first client will begin program initiation by June 1, 2006, and initial transaction revenue beginning in the third quarter.
About PTS Card Solutions Inc.
PTS Card Solutions Inc. is a partly owned, controlled subsidiary of PTS Inc. (OTCBB: PTSH). PTS Inc. recently assigned all of its interests in Global Links Card Services to its subsidiary, PTS Card Solutions Inc. Global Links Card Services Inc. markets its FastMax Prepaid Card through various agents and distributors.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document that are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The company is not required to update its forward-looking statements.
PTS Card Solutions Inc. James G. Brewer, 949-759-3606 E-mail: jbrewer*glcsi.com
Source: Business Wire (April 20, 2006 - 10:00 AM EDT)
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Confused]](confused.gif)
