SmartCard Marketing Systems Inc.
PINK SHEETS : SMKG

SmartCard Marketing Systems Inc.

October 10, 2008 10:52 ET

SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG) Velocitymoney.com Expanding Prepaid Debit Usage and Pin Debit Online With Merchants Globally

SAN ANTONIO, TEXAS--(Marketwire - Oct. 10, 2008) - SmartCard Marketing Systems Inc.(PINKSHEETS:SMKG) 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."

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