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Fortress Financial sets out e-payments strategy

17 January 2008  |  1756 views  |  0 Source: Fortress Financial

Fortress Financial Group (PINKSHEETS:FFGO) today announced its bid to top the industry of electronic payment systems as a leading provider.

The Company has assembled an operational management team with the world-renowned electronic banking guru and co-inventor of the ATM (Automated Teller Machine), Mr. Jack Chang, as the lead consultant.

To the aim of strengthening and accelerating its growth in the electronic payments product offering front, Fortress Financial Group's Chief Executive Officer, Alan Santini resolves to focus, on a daily basis, with Mr. Chang on rapid delivery of its ensemble of global financial payment system products to the marketplace. Alan Santini will shortly be announcing the appointment of an expert in new-age marketing, to head the Company's product promotion campaign blitz.

Fortress Financial Group also announces the immediate availability of prepaid debit card programs for both the U.S. and the international market to meet the demands of the Company's existing corporate clients as well as to worldwide businesses and consumers at large.

Alan Santini commented that "We are now firmly entrenched in the international prepaid debit card business. As reported by the Federal Reserve Bank of New York in 2004, prepaid debit cards are one of the most dynamic and fastest growing products in the financial industry. We are extremely bullish and fully committed to this Sector of the Financial Services market".

Alan Santini continued, "According to VISA estimates, there are approximately 80 million underserved consumers in the U.S. that can have the benefits of prepaid debit cards, and we will have a respectable market share of these customers. However, the worldwide market potential is enormous. With most of the 6.4 billion consumers in the world that are un-banked or under-banked, we realize that the prepaid debit card market comprises the largest potential customer base in the world. With certain sectors in this market, being virtually untapped, this represents a tremendous opportunity for our Company."

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