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November 28, 2008
stockbuzz
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(SMKG INKSHEETS) Posts 46% Gain in Payment Processing Volume in October 08 from previous month and 400% gain for same period last year. Smartcard Marketing Systems Inc.(SMKG INKSHEETS) announced today that their Prepaid Card loading, Pin Debit and Bill Payment processing volume increased 46% for the month of October 2008 over September 2008 and over 400% greater than October 2007. This is the third month in a row that the company has set a new record high in payment processing volume. (SMKG INKSHEETS) President Bruce Baillio said, “The current global economic downturn has not hindered our growth at all. In fact the company continues to experience new record highs in both processing volume and fee revenue. (SMKG INKSHEETS) has really just begun to come out of its development phase into an exponential growth curve that looks very promising. We are signing new strategic alliances every month which will further increase the utilization of our VelocityMoney.com payment platform. The demand for our Online Bill Pay service both in Canada and the US continues to show strong growth." We will also announce this month several distribution agreements which will add 15,000 to 30,000 branded prepaid cards to our portfolio of active cards. These agreements will expand our market penetration into Europe, Asia and South America. Studies show that the trend toward consumers using debit cards instead of credit cards continues to grow. The tight credit market worldwide should accelerate that trend. SMKG's business model involves capturing a significant share of the estimated 28 billion debit transactions that occur every year and make capture market share in money remittance processing, online bill payments and alternative e-commerce payment transactions.” We seek safe harbor. |
November 24, 2008
stockbuzz
said:
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SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG) Corporate update to Shareholders with FAQ’s. SmartCard Marketing Systems Inc.(PINKSHEETS:SMKG) CEO Massimo Barone Stated “ I am pleased to provide the following update to our Shareholders and Investors and to confirm that since the beginning of the companies trading on the Pinksheets in 2006 that Insiders and Affiliates have not sold any shares of (PINKSHEETS:SMKG) and continue to hold their positions which total an estimated 155mm of restricted and non-restricted shares of 200mm authorized. Additionally in the past 2 weeks Affiliates have directly and with friendly investors acquired up to 3mm shares of the company’s stock on the open market at prices of .005 and .006 and should conditions persist possibly continue to acquire more shares personally. SHAREHOLDER FAQ’s 1) Is the company considering a Reverse Split? I have been contacted by many shareholders with this similar question regarding a reverse split. We have considered this move to reduce the structure of the shares but did not feel it would be in the interest of all shareholders. We would like to hear from you so please forward your reply to This email address is being protected from spam bots, you need Javascript enabled to view it subject line: your response yes or no. 2) Is the company being Acquired? We are contacted on a regular basis by companies in the financial services industry wanting to take advantage of our technology, products and client list. At this time we are building the company and creating value for our shareholders and feel that unless the potential acquirer is to buy the complete public entity we have not pursued the matter. 3) Are the filings to upgrade Status ready? At this time the filings are ready and being submitted for review. As we prepare to file the 3rd quarter financials we will jointly submit the filings to receive approval from Pinksheets for current status from limited information. We seek safe harbour. |
November 21, 2008
stockbuzz
said:
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SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG): Velocitymoney.com Transactions Surge Over 1000 for the 2nd Consecutive Weekend SAN ANTONIO, TEXAS -- (Marketwire) -- 11/03/08 -- Smartcard Marketing Systems Inc.(PINKSHEETS: SMKG) announced today that Velocitymoney.com payment services surpassed 1200 transactions for this past weekend. This is significant for the company as it demonstrates the stability and continued growth of the company generating fee's from transactions as an additional source of income. (PINKSHEETS: SMKG) As stated by CEO Massimo Barone "Increased demand from merchants and easy access by their customers is the success of our payment gateway. As prepaid card programs are being fulfilled our customer base grows and use of Bill pay, Pin Debit online and Money remittance which is the driving force of our growth strategy." We seek safe harbor. |
November 03, 2008
stockbuzz
said:
(SMKG INKSHEETS) Velocitymoney.com transactions surge to over 1000 for this past weekend. Smartcard Marketing Systems Inc.(SMKG INKSHEETS) announced today that their Velocitymoney.com payment service for consumers and merchants surpassed 1000 transactions for this past weekend a substantial increase from the 200 daily average. This is a significant milestone for the company as demand continues to fuel the company’s growth and increase revenues generated by transactions. (SMKG INKSHEETS) CEO Massimo Barone said, “The Payment Industry Merchants are in search of solutions that can meet their specific demands and manage member networks seamlessly. This type of business is important to us as it creates access to large groups of consumers and continues strong growth for the company.” www.Velocitymoney.com Management is determined to become the leader in Online Money Remittance, Prepaid cards and Pin Debit online processing and to set the standard for a secure funds transfer platform with multi-currency settlement capabilities worldwide." We seek safe harbor. |
October 28, 2008
stockbuzz
said:
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SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) 2 New Co-Brand Prepaid Programs Commence Rollout SAN ANTONIO, TEXAS -- (Marketwire) -- 10/17/08 -- SmartCard Marketing Systems Inc.(PINKSHEETS: SMKG) announced today that 2 more back order programs for their prepaid segment commence rollout on Monday October 20/2008. As more co-branded programs reach market our money remittance segment continues to grow allowing our proprietary offering Velocitymoney.com to grow aggressively and take a serious strong hold in the market. The 2 programs combined are estimated to bring an additional $200K of monthly remittance or 800 to 1000 load transactions monthly and increase usage of the companies Bill pay offering in Velocitymoney.com. At present the company anticipates to have 6 more programs up and running prior year end of 2008 bringing the number of co-brand prepaid card programs to 11, this does not include our generic offering for payroll or retail solutions. In addition this will also have a good impact on increased demand for the Pin Debit (HomeAtm) solution. www.Velocitymoney.com Management is determined to become the leader in Online Money Remittance, Prepaid cards and Pin Debit online processing and to set the standard for a secure funds transfer platform with multi-currency settlement capabilities worldwide." |
October 17, 2008
stockbuzz
said:
(SMKG INKSHEETS) Continues Triple-Digit Growth in September 08 and Month Over Month Compared to Last year. Smartcard Marketing Systems Inc.(SMKG INKSHEETS) announced today that their Prepaid Card loading, Pin Debit and Payment processing volume increased in triple digits to $367,000 USD for the month of September 2008 over September 2007 and over last month, August 2008. The company posted a gain in card loading and payment processing for August upto 10 times larger than last year's August total and 226% greater than even last month, setting a new payment processing record for the company. (SMKG INKSHEETS) President Bruce Baillio said, “This striking growth is the result of continuing to fill our backlog of prepaid card orders and the launch of our VelocityMoney.com Online Bill Pay service both in Canada and the US. The Canadian market for Online Bill Pay is much less crowded than the US market. The company expects to see exceptional growth in this segment during the next 12 months. The current uncertainty in the worldwide credit markets is actually stimulating demand for our prepaid products and services. When consumers' credit lines are decreased, they turn to prepaid cards to maintain the convenience of using a branded card to make purchases, because their credit cards are topped out. (SMKG INKSHEETS) is seeking to capitalize on the move from credit to debit transactions at the point of sale and capture a share of the 26.5 billion (as of 2006) consumer debit transactions." We seek safe harbor www.Velocitymoney.com Management is determined to become the leader in Online Money Remittance, Prepaid cards and Pin Debit online processing and to set the standard for a secure funds transfer platform with multi-currency settlement capabilities worldwide." We seek safe harbor. |
October 14, 2008
stockbuzz
said:
(SMKG INKSHEETS) Velocitymoney.com expanding Prepaid debit usage and Pin debit online with merchants globally. SmartCard Marketing Systems Inc.(SMKG INKSHEETS) CEO Massimo Barone Stated “ We are positioning Velocitymoney.com to be strategically focused on E-merchant business through the use of Prepaid debit Card services and Pin Debit “online” worldwide. We presently offer Prepaid Debit card services throughout the North America and Europe in 4 currencies, USD, Canadian, Euro, and Sterling. The Pin Debit terminals will lead the online merchant and consumer market in the future as it is a secure payment gateway unlike any other to the customers of merchants creating the ideal payment network in an open or closed loop environment. The Vision of the company is “to create the opportunity for the merchant and to improve the channel of the transactions” in which are processed for the pay-in or pay-out. In the past year our growth has been exciting and as more back order programs reach fulfillment we continue to add more financial providers to our Velocitymoney.com network.” We seek safe Harbour |
October 10, 2008
stockbuzz
said:
SMKG INKSHEETS) Rapid Growth of 266% for Aug 2008 compared to same month last year. Smartcard Marketing Systems (SMKG INKSHEETS) announced today that their Card loading, Pin Debit and Payment processing volume increased in triple digits for the month of August 2008 over August 2007. The company posted a 266% gain in card loading and payment processing for August over last year, growing from $44,560 in August 2007 to $163,300 in August 2008. (SMKG INKSHEETS) President Bruce Baillio said, “This continued dramatic growth marks the emergence of the company from its product development stage into full production and product delivery mode. As more of our backlog of orders is fulfilled, the company expects to see an even more dramatic increase in payment processing and fee revenues generated from merchant and consumer use. Our business model is benefitting from the worldwide trend of consumers moving from credit cards to debit cards. A 2007 report from Callahan & Associates found that in 2006, debit card usage surpassed credit card usage for the first time, with consumers conducting over 26.5 billion debit transactions at the point-of-sale in 2006.” www.Velocitymoney.com Management is determined to become the leader Online for Money Remittance, Prepaid cards and Pin Debit online processing and to set the standard for a global secure funds transfer platform with multi-currency settlement worldwide." We seek safe harbor. |
October 01, 2008
stockbuzz
said:
SmartCard Marketing Systems Inc.(SMKG INKSHEETS) 2 New Programs Signed with 3500 Prepaid Cards Sold SAN ANTONIO, TEXAS -- (Marketwire) -- 09/23/08 -- As Stated by SmartCard Marketing Systems Inc.(PINKSHEETS:SMKG "We continue to see growth in new programs, with merchants focusing in the online Money Remittance segment, Payment Processing of retail transactions and Bill pay. As the demand for more secure and custom products continues to outpace generic prepaid services, we continue to experience increasing consumer retention with the prepaid products and the use of the Pin Debit HomeAtm unit in the USA, Canada and Europe. The 2 new programs will add 3,500 prepaid cards/customers to Velocitymoney.com portfolio with an additional $300k USD to $550k USD per year of remittance payments over the next 2 years adding to an existing base. (PINKSHEETS: SMKG) existing customers will on average generate 3 transactions per month. (PINKSHEETS: SMKG) anticipates that as the new customers activate their prepaid cards and Velocitymoney.com account, they will generate an additional 9,000 to 12,000 transactions per month with fee's generating $0.50 to $1.50 USD per transaction. www.Velocitymoney.com Management is determined to become the leader Online for Money Remittance, Prepaid cards and Pin Debit online processing and to set the standard for a global secure funds transfer platform with multi-currency settlement worldwide." We seek safe harbor |
September 23, 2008
stockbuzz
said:
| SMKG / CARD PAYMENTS LEAD GLOBAL GROWTH IN NONCASH PAYMENTS: Card payments were the fastest-growing form of noncash payment worldwide between 2001 and 2006, growing by 16% per year and accounting for 54% of 233 billion noncash transactions in 2006, according to the World Payments Report 2008 released Tuesday. The annual report, prepared by France-based consulting and information-technology firm Capgemini and United Kingdom- |

awm15
StockwireAdmin



INKSHEETS) Transactions continue to grow with over 2000 for previous weekend and steady daily average of 350 transactions.
"We continue to see growth in new programs, with merchants focusing in the online Money Remittance segment, Payment Processing of retail transactions and Bill pay. As the demand for more secure and custom products continues to outpace generic prepaid services, we continue to experience increasing consumer retention with the prepaid products and the use of the Pin Debit HomeAtm unit in the USA, Canada and Europe.