As Stated by SmartCard Marketing Systems Inc.(SMKG:PINKSHEETS) ”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. (SMKG:PINKSHEETS) existing customers will on average generate 3 transactions per month. (SMKG:PINKSHEETS) 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.

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.

Contacts:
Smart Card Marketing Systems Inc.
maxbarone@gosmartcard.com
www.gosmartcard.com

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