SmartCard Marketing Systems Inc.: SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG) Prepaid Debit Card Market Expected To Grow
Posted on: Mon, 30 Aug 2010 07:53:37 EDT


San Antonio, Tx., Aug 30, 2010 (M2 PRESSWIRE via COMTEX) --
Industry experts estimate the Prepaid Debit Card market will grow by 20% per annum to a record $400Billion by 2017 in the USA. SmartCard Marketing is an established company in the Prepaid Debit Card segment with 30 years of management and industry experience with a fully deployable Card Management & E-wallet platform marketed under the Velocitymoney trade name and Velocitymoney.com site to Financial Institutions, Merchant Banks, Businesses and Consumers.

SmartCard Marketing Systems Inc. (PINKSHEETS: SMKG | PowerRating) CEO Massimo Barone stated "We have successfully created a niche opportunity for our company in the Prepaid Debit Card market with the ability to implement and deploy card programs within a minimal time frame, which has been our core strategy. Our primary objective is to capture the shift from Credit facilitated cards which has been a traditional financial model for most banks to underwrite credit- to a shift worldwide toward Prepaid Debit Cards. The significance of developing an International Portfolio will allow us to capitalize on future industry consolidation from major banks when the Financial Industry has found its footing again. We feel strong that a portfolio of world class card programs and a solid active base of customers will lead to an eventual merger or acquisition."

We seek Safe Harbor Contact Info: Any questions or inqueries please email us at; support@gosmartcard.com att: card programs CEO Massimo Barone maxbarone@gosmartcard.com 1-866-774-2555 ph / fax


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