SOURCE: Trustcash

October 01, 2009 19:29 ET

Trustcash Revenue Increases After Completing Development of Point of Sales Virtual Checkout Terminal and Commencing Service to Travel Industry

ATLANTA, GA--(Marketwire - October 1, 2009) - Trustcash Holdings Inc. (the "Company" or "Trustcash") (PINKSHEETS: TCHH) confirms it has completed the development of its web based virtual checkout terminal.

In the past 30 days the addition of the terminal has added over $50,000 in revenue from clients in the travel industry.

Point of sales (POS) or checkout refers to both a checkout counter in a shop, and the location where a transaction occurs. Colloquially, a "checkout" refers to a POS terminal or more generally to the hardware and software used for checkouts, the equivalent of an electronic cash register. A POS terminal manages the selling process by a salesperson accessible interface.

The Trustcash terminal can run on any computer with an Internet connection, without software installations or updates required and is customizable for any merchant.

The terminal has recently been installed and is currently being used by Wild Rose Vacations www.wildrosevacations.com as one method for completing the sale of travel vacations.

Trustcash Management commented: "This adds a new tool to the Trustcash suite of products. We will continue to develop new product offerings as our client base expands and we customize our technology to meet their needs."

About Trustcash

Through its Trustcash brand and website (www.trustcash.com), Trustcash is a pioneer of anonymous payment systems for the internet. Trustcash developed a business based on the sale of a virtual stored value card that can be used by consumers to make secure and anonymous purchases on the internet. The company markets its Trustcash™ payment card, which is sold in denominations ranging from $10 to $200 online.

Cautionary Statement Regarding Forward-Looking Statements

A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.

Contact Information

  • Contact:
    Trustcash Holdings, Inc.
    Shareholder Communications
    Email Contact
    1-800-975-5196