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Smart Card Marketing Systems inks Earthport contract

27 July 2006  |  1874 views  |  0 Source: Smart Card Marketing Systems

Smart Card Marketing Systems Inc. (Other OTC:SMKG.PK) (Frankfurt:QYH.F), a leading provider of prepaid cards, value smart storage cards and payment transaction management services, announced today that they have entered into an agreement with Earthport PLC of London to be its preferred financial aggregator for debiting and crediting of funds for international services.

In addition, this relationship will allow for the seamless integration of both VelocityMoney and VelocityMerchant to benefit from international processing for money remittance and fund reconciliation in one hundred and thirty countries worldwide in thirteen possible currencies.

Smart Card CEO, Massimo Barone, stated, "Smart Card is further pursuing the full integration of a turnkey offering for prepaid vendors/merchants to grant complete funding and money remittance to compete with the existing industry leaders on an international level."

Earthport Chairman, Mike Harrison, added "The Smart Card agreement demonstrates the widening appeal of Earthport's infrastructure offering to those involved in the global remittance market."

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