Van Tran, CEO of Veritec, Inc. (OTC.OB: VRTC.), a pioneer of proprietary two-dimensional matrix technology and mobile banking debit card solutions, announced the signing of an agent agreement with Secopay Inc., a Nevada corporation.
Secopay will begin marketing Veritec's blinx On-Off Debit Card to both the banked and un-banked population. Veritec's mobile banking software platform processes debit, pre-paid and gift card solutions to debit card issuers and sponsoring organizations. Veritec's technology can be deployed on both a closed or open loop processing platform. Using Veritec's Unique Mobile Banking Technologies, the card will allow cardholders to send funds to family members instantly anywhere in the world, receive notification on card usages, and turn a card on or off via phone or Internet.
"Veritec is pleased to participate with Secopay in marketing our Blinx product," said Van Tran, CEO of Veritec, Inc. "We are excited to work with Secopay due to their extensive knowledge and experience with prepaid products. We look forward to building and marketing our products with Secopay and the added value to our clients because of this agreement."
According to Andre G. Herrera of Secopay, he stated, "Veritec not only offers a full feature prepaid platform, but with their technical knowledge of integrations and their proprietary products, we will be able to bring truly unique card products and innovation to the industry. We look forward to the payment solutions that will occur because of this relationship."