Smart Card Marketing Systems eyes US market

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, released today a corporate update.

Smart Card has already captured a large portion of the prepaid card market in Quebec and other parts of Canada and they are now looking to further enter the US market with a larger base of merchant programs. The company has commenced discussions with three new clients to provide prepaid card solutions for the US market segment. Furthermore, Smart Card's pilot in the Florida State video lottery market has commenced in three locations and has been very well received by consumers. Smart Card can now concentrate on providing payment solutions for the over three hundred video lottery locations in the state of Florida.

Smart Card has also been working diligently to become a leading provider of loyalty programs in the optical industry in Ontario and Quebec. The company has started signing independent locations in these two provinces to become key presence sites for customers of the recently launched safety program for frames and lenses. It is important that Smart Card secure a wide variety of presence sites in order to receive corporate safety programs under the agreement in the two provinces.

Smart Card CEO, Massimo Barone stated, "Smart Card is building their client base to establish a strong long term commitment in different vertical markets with existing merchants and retailers to take advantage of momentum sales."

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