Latest Posts
More... Latest Comments
Live Users |
November 28, 2008
stockbuzz
said:
|
||||||||||||||||||||||||||||||||||||
|
(PINKSHEETS: SMKG) Transactions Continue to Climb to 1900 for This Past Weekend With Velocitymoney.Com SAN ANTONIO, TEXAS -- (Marketwire) -- 11/19/08 -- Smartcard Marketing Systems Inc. (PINKSHEETS: SMKG) As Stated by CEO Massimo Barone" I am pleased to announce that clients using the Payment remittance services of Velocitymoney.com such as Pin debit online, Bill pay and Email pay continue to climb and attain a new weekend high of 1900 transactions showing significant demand in our services while averaging 350 daily transactions during the week. This represents an average of 3650 transactions for the week generating fee's of $3285.00 USD (3650 trans. past week at $.90 avg.). Our ability to grow under these market conditions and roll out new merchants that remain in back order gives us positive signs that as the markets return to a more stable environment we will benefit from a full output of existing orders. The above does not include Pre-paid card sales, activations, commissions from ongoing card usage and Pin Debit unit sales." We seek safe harbor. |
November 19, 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:
|
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:
|
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-based Royal Bank of Scotland, seems to caution regulators to tread lightly on interchange fees, which are assessed in most card transactions worldwide. Cards offer convenience and security, Bertrand Lavayssiere, managing director for global financial services at Capgemini France, tells CardLine Global sister publication Cards&Payments. "Part of interchange is there for security, and part of interchange is a guarantee the merchant is going to be paid," he says. The report, released at the European Financial and Marketing Association's Cards & Payments conference in Paris, estimates total noncash payments worldwide grew by 9% per year during the five-year period, including direct debits, which increased by 13% per year. The payments also include credit transfers. Card purchases made up only 39% of noncash transactions in 2001, compared with 54% in 2006. The report projects noncash payments to continue to grow at healthy rates from 2006 through 2013, although it did not offer a breakdown for cards. It predicts the United States would continue to own the largest market share for noncash transactions in 2013 with more than 140 billion transactions-a 6% annual growth rate from 2006. China could overtake Europe that year with more than 100 billion transactions, provided it follows a 30% annual growth scenario, say the report's authors. Europe also would top 100 billion noncash transactions that year. The report also predicts it will take until 2013 for European banks and merchants to fully comply with the Single Euro Payments Area mandates for interoperable card and payment terminals and could take until 2014 to fully rollout SEPA-based direct debits and credit transfers. That would miss the 2010 deadlines for these electronic payments. European consumers increased their card usage by about 10% per year between 2001 and 2006, says the report. "But cash is still increasing significantly in the Eurozone," says Lavayssiere. The report estimates there were 142 billion card purchases made worldwide in 2006 worth 5.8 trillion euros. Cards in circulation increased 9% globally per year from 2001, to 7.9 billion or 1.2 cards for every person on the planet in 2006. Cards branded or cobranded with Visa Inc. and MasterCard Worldwide accounted for 67% of all card purchases in 2006. Both rely on interchange, the report notes. The report ranks Chinese card network China UnionPay as the third-largest scheme. |
September 10, 2008
stockbuzz
said:
|
Smartcard Marketing Systems Inc. (PINKSHEETS: SMKG) Posts 185% Gain in Card Loads and Payment Processing Compared to Same Month Last Year 9/3/2008 10:02:07 AM - Market Wire SAN ANTONIO, TEXAS, Sep 03, 2008 (MARKET WIRE via COMTEX News Network) -- Smartcard Marketing Systems Inc.(PINKSHEETS: SMKG) announced today that their card loading and payment processing volume increased 185% in 2008 for the month of July over July 2007. The company attributes its dramatic growth to its successful launch of two prepaid debit card programs and the quick adoption of the HomeATM for online payment processing with Pin Debit online. The company processed $46,375 in card loads in July of 2007 and $132,245 in July of 2008. As stated by CEO Massimo Barone of (PINKSHEETS: SMKG)"We are in an accelerated growth stage of our business cycle as new merchants and consumers purchase our products and services through www.Velocitymoney.com. In addition with the Canadian market prepaid debit cards now an active program and more market penetration with Pin Debit Pads we anticipate continued triple digit growth through 2008 and will report on a month to month basis." We seek safe harbor www.gosmartcard.com www.velocitymoney.com www.velocitymerchant.com |
September 03, 2008
stockbuzz
said:
|
SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) Payment Processing for Card Loads Up 180% Gain to June 30, 2008 as Compared to Same Period Last Year SAN ANTONIO, TEXAS -- (Marketwire) -- 08/15/08 -- As Stated by SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) "Management is pleased to announce Prepaid card loading and payment processing volume continued at expected levels during the 2nd quarter. Card loads and payment processing for the 2nd quarter of 2008 was $458,688 compared to $272,937 in the same quarter of 2008, a 68% gain for the quarter. In the first six months of 2008, SMKG processed $889,583 compared to $317,177 for 2007 representing a 180.4% gain for the first half of the year and attaining the $1million milestone in July of 2008. Operating losses were cut by 40% for the first half over the first 6 months of 2007, from $182,013 in 2007 to $109,169 in 2008. SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) As the company continues to deliver prepaid card programs and rollout of the Pin Debit HomeATM offering through Velocitymoney.com and Velocitymerchant.com sales, revenues and commissions from transactions continue to grow. We are very pleased with these achievements as it is a difficult segment to establish an online presence in the Money remittance Industry and to continuously grow our base of customers daily." We seek safe harbor. Contacts: |
August 15, 2008
stockbuzz
said:
|
smkg on good track .. also check hglc seems to be in big discussions SmartCard Marketing Systems Inc.(PINKSHEETS:SMKG) Corporate update to Shareholders and Investors. As Stated by SmartCard Marketing Systems Inc (PINKSHEETS:SMKG) “Management is pleased to announce that Friday August 1st’s invite to the Merchant seminar proved to be a great success in Montreal and meet with the management of SmartCard’s team, services and solutions. With over 80 guests at the event it was most definitely a great opportunity to showcase to merchants our US and Canadian Prepaid card services, Pin Debit solution and loyalty management applications in operation to evaluate our total solution offering for next generation of payment processing, payroll and money remittance. The next event is being held in Vaughn, Ontario on August 18th 2008 with over 40 attendee’s registered from the Greater Toronto Area and Buffalo, New York. PINKSHEETS:SMKG SmartCard Marketing Systems Inc is a non-reporting company trading on the Pinksheets and continues to file its financials for transparency and to prepare to move to a higher exchange. Furthermore financials for the 1st Half of 2008 until June 30, 2008 will be available on our before the 15th of August 2008.” We seek safe harbor |
August 07, 2008
Write comment
You must be logged in to a comment. Please register if you do not have an account yet.

ALFONSE
StockwireAdmin



INKSHEETS) Transactions continue to grow with over 2000 for previous weekend and steady daily average of 350 transactions.